Painesville, Ohio · Private Non-Profit ·Suburb
Lake Erie College
At a glance
Basics
- Type
- Private Non-Profit
- Setting
- Suburb
- Enrollment
- 852 students
- Women / Men
- 51.5% / 48.5%
Admissions
- Acceptance rate
- 70.4%
Cost
- Avg net price
- $20,961
- Sticker price
- $50,790
- Tuition (in-state)
- $37,634
- Tuition (out-of-state)
- $37,634
Outcomes
- Graduation rate
- 38%
- Retention rate
- 59.4%
- Median earnings (10y)
- $50,417
- Median debt
- $26,000 (~$282/mo)
Financial aid
- On Pell grants
- 37.2%
- Take federal loans
- 54.6%
All majors at Lake Erie College
34 programs listed in federal data. Every row opens a school-specific page; listings without a positive program signal stay available for users but out of Google's index.
Cost & ROI
Is Lake Erie College worth it?
Pay $20,961/yr after aid. Graduates earn a median of $50,417 ten years out — about 2.4× the annual cost. Value grade: C.
- Avg net price
- $20,961/yr
- Median earnings
- $50,417/yr (10y out)
- Median debt
- $26,000~$282/mo
- 4-year est. cost
- $83,844net of aid
Frequently asked questions
What is Lake Erie College's acceptance rate?
Lake Erie College admits 70.4% of applicants — accessible on admissions, compared to the national average of 72.3%.
How much does Lake Erie College cost per year?
The average annual net price — what students actually pay after grants and scholarships — is $20,961. The sticker price before any aid is $50,790, so most students receive substantial discounts. Over four years that net cost adds up to roughly $83,844.
How much debt do Lake Erie College graduates have?
Graduates leave Lake Erie College with a median federal student loan balance of $26,000, which works out to about $282 per month on a standard 10-year repayment plan. About 54.6% of students take federal loans.
Is Lake Erie College worth the cost?
Ten years after enrolling, Lake Erie College graduates earn a median of $50,417 per year (national median: $50,834). That's about 2.4× the annual net price. EduGradify assigns Lake Erie College a value grade of C.
What is the graduation rate at Lake Erie College?
38% of full-time undergraduates graduate from Lake Erie College within six years of enrolling — national average is 49.9%. First-year retention is 59.4%.
What are the most popular majors at Lake Erie College?
34 programs are listed in federal data; 28 have positive share data. The largest reported major at Lake Erie College is Business Administration, Management and Operations (29.7%), followed by Allied Health Diagnostic, Intervention, and Treatment Professions (10.0%).
What percent of Lake Erie College students receive financial aid?
37.2% of Lake Erie College students receive a federal Pell Grant — the main need-based federal aid program. 54.6% take federal student loans.
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