Parkland College vs. Taylor Business Institute

Comparable Facts

Compare Parkland College in Champaign, IL with Taylor Business Institute in Chicago, IL on tuition, admissions, graduation, earnings, and student body data using the table above.

Parkland College is larger than Taylor Business Institute based on total student enrollment (6,014 students vs. 115 students)

Location, institution type, and student-faculty ratio

• Parkland College is located in Champaign, IL (Small City setting); Taylor Business Institute is in Chicago, IL (Large City setting).
• Parkland College is a public, non-profit 2-year institution. Taylor Business Institute is a private, for-profit 2-year institution.
• Student-to-faculty ratio: Parkland College 14:1; Taylor Business Institute 10:1.

Parkland College vs. Taylor Business Institute Cost Comparison

Which college is more expensive, Parkland College or Taylor Business Institute? Published tuition is the sticker price; many students pay less after aid (see average net price below).

• The typical actual cost that students pay to attend (average net price) is less at Parkland College than Taylor Business Institute ($7,681 vs. $12,982).
• Living costs (room and board or off-campus housing budget) at Taylor Business Institute are 20.2% lower than at Parkland College ($7,500 vs. $9,400).
• Taylor Business Institute is 24.5% more expensive for in-state tuition than Parkland College (about $2,358 more per year; $12,000.00 vs. $9,642.00).
• Out-of-state tuition is 10.5% higher at Parkland College than at Taylor Business Institute (about $1,266 more per year; $13,266.00 vs. $12,000.00).
• A larger share of students receive grant aid at Parkland College than at Taylor Business Institute (51% vs. 18%).
• The average total grant financial aid received by Taylor Business Institute students is 35.2% larger than aid received by Parkland College students ($9,793 vs. $7,244).

Parkland College vs. Taylor Business Institute Admissions comparison

Which college is harder to get into, Parkland College or Taylor Business Institute? Typical SAT and ACT scores (same estimates as in the table above), middle 50% test ranges where reported, test score submission policy, deadlines, and acceptance rates summarize admission difficulty between Taylor Business Institute and Parkland College.

• Parkland College reports an open admissions policy.
• Submitting SAT or ACT scores: Parkland College - Open admission; Taylor Business Institute - Test-free.

Parkland College vs. Taylor Business Institute Graduation Outcomes Comparison

How do outcomes compare for Parkland College and Taylor Business Institute? Graduation rate, earnings, and student loan debt are common indicators. The bullets below summarize the same federal outcomes fields as the comparison table (College Scorecard / IPEDS where applicable).

• Graduates from Parkland College earn a median of about $9,800 more per year than Taylor Business Institute graduates about ten years after starting college ($34,000 vs. $24,200), per the same Scorecard earnings definition.
• Among federal student loan borrowers, Parkland College graduates have a $11,794 lower median loan debt than Taylor Business Institute graduates ($8,000 vs. $19,794).
• Among borrowers, Parkland College graduates have an estimated $122 lower median monthly federal student loan payment than Taylor Business Institute graduates ($82 vs. $204).
• More Parkland College graduates are actively paying back their federal student loan debt than former Taylor Business Institute students, three years after graduation. (32% vs. 11%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/. Values reflect the most recent year available in our dataset.