Financial Activity and Condition Taxpayer Summary
Student Information
WCTC has two primary target markets: (1) adults 25 to 45 years old returning to college for training and (2) recent high school graduates 18 to 24 years of age. Many students attend our college not to graduate from our programs because they generally want to gain specific knowledge or need to learn specific skills for employment which individual courses provide. Many employed individuals continue to take a few courses annually and may complete a program in five years or more. WCTC has many part-time students. Less than one out of every 15 students carries more than 12 credits per semester. Associate of Applied Science degree, advanced technical certificate, technical diploma, occupational continuing education and community service programming is offered by WCTC. The number of contact hours necessary to generate one full-time equivalent (FTE) student varies between approximately 600 student contact hours for associate of applied science degree program students to 1,200 contact hours for community service students. An (FTE) student is equivalent to 30 credits per year based on a Wisconsin Technical College System calculation. Cost per Student Contact Hour Student contact hours result from the credit hours for which students pay tuition and are scheduled to attend class. WCTC has identified "cost per student contact hour," "cost per section," "contact hours per section," and "average class size" as its organizational productivity measures that monitor its efficiency in delivering instruction. WCTC conducts follow-up surveys of its graduates about 6 months after program completion. Our 2004 graduate statistics are the most recent statistics currently available. The statistics shown do not reflect students who take courses but do not graduate from our programs. Percent of Graduates Employed in Related Occupations After averaging 82% for the previous five years, the number of graduates employed in positions related to their WCTC educational program fell to 78% in 2004. Reflecting the general state of the economy, most indicators showed that graduates found it more difficult to find employment than in the recent past. Average Monthly Salary for Program Graduates The average salary of 2004 program graduates working in positions related to their WCTC education was $2,578 per month or $30,936 annually.
Percent of Graduates in Taxing District During the past 4 years, the percentage of graduates residing in WCTC's district has fluctuated between 56-62% with 2004 at 61%. Likewise, the percentage of graduates who were employed in the district has been between 54-64% with 2004 at 59%. Statistics from the 2000 Census show that only 61% of all Waukesha County residents work in the county, so WCTC graduates' in-district employment is on par with the county. |
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