SRC vs. Taylor Business Institute

Comparable Facts

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

Spoon River College is larger than Taylor Business Institute based on total student enrollment (1,247 students vs. 115 students).

Location, institution type, and student-faculty ratio

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

SRC vs. Taylor Business Institute Cost Comparison

Which college is more expensive, SRC 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 Spoon River College than Taylor Business Institute ($4,153 vs. $12,982).
• Living costs (room and board or off-campus housing budget) at Spoon River College are 38.7% lower than at Taylor Business Institute ($4,600 vs. $7,500).
• Spoon River College is 2.9% more expensive for in-state tuition than Taylor Business Institute (about $345 more per year; $12,345.00 vs. $12,000.00).
• Out-of-state tuition is 12.5% higher at SRC than at Taylor Business Institute (about $1,500 more per year; $13,500.00 vs. $12,000.00).
• A larger share of students receive grant aid at Spoon River College than at Taylor Business Institute (84% vs. 18%).
• The average total grant financial aid received by Taylor Business Institute students is 24.8% larger than aid received by Spoon River College students ($9,793 vs. $7,850).

SRC vs. Taylor Business Institute Admissions comparison

Which college is harder to get into, SRC or Taylor Business Institute? Typical SAT and ACT scores (midpoint estimates from the mid-50% ranges in the table above), enrolled-tester score ranges where reported, test score submission policy, deadlines, and acceptance rates summarize admission difficulty between Taylor Business Institute and SRC.

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

SRC vs. Taylor Business Institute Graduation Outcomes Comparison

How do outcomes compare for SRC and Taylor Business Institute? Where federal data is available for both schools, the bullets below compare graduation rate, earnings, and student loan debt using the same College Scorecard / IPEDS fields as the comparison table. If a metric is missing for one school, that school is noted separately.

• Graduates from Spoon River College earn a median of about $7,300 more per year than Taylor Business Institute graduates about ten years after starting college ($31,500 vs. $24,200), per the same Scorecard earnings definition.
• More SRC graduates are actively paying back their federal student loan debt than former Taylor Business Institute students, three years after graduation. (42% 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.