In addition to our Statement of Mission, Platt College also believes in five fundamental core values essential to daily operations of the College: diversity, excellence in the learning process, ethics and integrity, personal development, and community. Under the guise of ethics and integrity, Platt College actively reports and discloses all rates dealing with placement, median loan debt, median title IV, and institutional financing plans. Platt College’s median loan debt rate, private loan debt rate, and institutional loan rate is listed below.
The 2016 Graduation and Placement Rates are based on the time period of January 2011-September 2011, as required by the College's institutional accreditor's annual report. The graduation rate for the time period is 73%. The graduation rate is based on 51 individuals. Additionally, Platt College reports its retention rate based on the Integrated Postsecondary Education Data System (known as IPEDS). IPEDS measures first-time degree seeking students who have never attended college. For Fall 2016-2017, Platt College had 2 students out 221 students that were categorized under IPEDS. Thus, 1 our 2 students withdrew for a retention rate of 50%. The 2016 Graduation and Placement Rates are based on the time period of January 2011-September 2011, as required by the College's institutional accreditor's annual report: the employment rate is 86%. The placement rate is based on 51 individuals with 44 employed in the field.
The required Graduation and Placement Rates are based on the time period of July 1, 2015 through June 30, 2016. To date, 61 individuals graduated in that time frame and 46 of those individuals are employed, for an employment rate of 75%. The graduation rate* for the time period is 70.83%, an additional 12.50% of the students are still enrolled at Platt College.
*Graduation rates are calculated based on starting cohort from the period of September 2012 to June 2013, or the students who were eligible to graduate within the three years allotted by Platt College to finish the program. Out of the 9 students who were still enrolled at Platt College from the aforementioned cohorts as of June 29, 2017, 8 have already graduated as of March 17, 2017.
For the time period of July 1, 2015-June 30, 2016, out of 61 students who graduated during that time period, 43 students have reported debt. Median Federal Loan Debt is $38,497; Median Private Loan Debt is $9,276; and the Median Loan Debt is $47,773. The completion rate is 70%. 62% completed the program within the normal time frame as listed in the catalog.
The yearly (2016) NCLEX-RN Pass Rate for Platt College as reported by the Colorado Board of Nursing is 86.89%. The 86.89% is based on the year-to-date report for 2016 with 61 graduates tested.