Home⇛LPU - Laguna Journal of Business and Accountancy⇛vol. 4 no. 1 (2021)

Determinants of Graduating College Students Retention in Lyceum of the Philippines – Laguna, Basis for Management Improvement

Veronica S. Ilagan | Emmanuel U. Mindanao

Discipline: Sociology

 

Abstract:

Competition in the academic industry has been intensely rising due to innovation in technology and information. The researchers aim to identify and make use of the determinants of college student retention for the management improvement of Lyceum of the Philippines— Laguna, hence the limitations on data regarding student attrition, which the researchers believe can be highly significant for the study. Initial data was found through related literature, which led the researchers to ten final determinants. The study used a quantitative descriptive survey method and gathered data from a total of 215 respondents, attained through stratified sampling techniques on campus. The self-constructed questionnaire showed the Cronbach’s Alpha at 0.866, above average. The distinguished outcomes in frequency and ranking confirmed the three top determinants that affect the students of LPU-Laguna: tuition fee, location, and facilities, respectively. The satisfaction rate of students on the factors in relation to the institution resulted in a composite mean of 3.45, verbally interpreted as "strongly agree" or "highly satisfactory. Only the income profile out of the four demographic profiles was found to be significant for the study, with an f-value of 18.873 and a p-value of 0.000. The results of the survey strengthen the accuracy of the factors affecting graduating college students’ retention at the Lyceum of the Philippines—Laguna. The study proves that the factors can be used as a tool for continuous improvement and to create a competitive advantage against competitors.



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