What does retention rate mean in education?
For many companies, retaining existing customers is more important than finding new customers. In the same way, retaining existing students is more important for an educational organization than attracting new students.
When you look at a graph of student enrollment and graduation rates and notice a drop in the number of students following one school year to the next, this may be a sign of your school’s low retention rate.
What does retention rate mean in school?
The number of students who return to school is known as the school’s retention rate. It’s a measure of how many of your students graduate, or re-enroll, each year. A school with a high retention rate can be an indicator of a high quality education program. Alternatively, a low retention rate may indicate that your school is not quite as good as you’ve thought.
What does retention rate mean in education and business?
While it’s inevitable that some people will leave your organization, if you can keep the ones you want to keep, you’ve accomplished a major goal. Not everyone who applies for a job will get it. Not everyone who gets an education will graduate. And not everyone who signs up for a membership will stay with you. But if you can help people stick with your organization, you’ve achieved a great feat.
What does retention rate mean in education essay?
Retention rate is the number of students who complete a course that a school or institution offers. It is the percentage of the number of students who are still registered in a course after a certain period of time. This period is usually one year or three years. The number of registered students is the sum of the number of students who were added to the course during the first term and the number of those who registered in the subsequent terms.
What does retention rate mean in school context?
The term “retention rate” is used in the context of curriculum studies to describe the amount of time a student is in attendance for a school — i.e., how many of a school’s grades a student earns while still attending that school. The term is also used as a means to evaluate a school’s success in retaining its students.