Lake Erie College
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Why Lake Erie College Matters
Lake Erie College is a private university in Painesville, OH and its outcomes are not an accident. They are driven by a well-connected, high-opportunity alumni network. The result: graduate earnings well above the typical college.
Interpretation generated from this school's federal outcomes, research, and mobility data.
Institutional Profile
- Institution Type
- Private University
- Carnegie Class
- Master's University
- Enrollment
- 852
- Setting
- Suburban
- Primary Strengths
- Business & Marketing, Education, Criminal Justice, Biology & Biomedical
Why students choose Lake Erie College
CollegeRanker Report Card
Graded on outcomes, against every U.S. college.
Each grade is this school's national percentile on a real outcome — earnings, value, mobility, and more.
How we grade →Admissions
Competitive — admits about 70% of applicants. Run your numbers in the admissions predictor below.
Check your odds →Net price + aid
Students pay about $20,961 a year after grants and scholarships — 22% above the typical U.S. college. See net price by family income below.
See cost & aid →Earnings + debt
Graduates earn a median of $50,417 ten years after enrolling — 24% above the typical college, against $26,000 in median debt.
See outcomes →Mobility + social capital
Moves 0.1% of its students from the bottom income fifth to the top — top 99% nationally for mobility. High social capital (1.56 economic connectedness).
See mobility →Overview
With an enrollment of 852 students, Lake Erie College in Painesville, Ohio, offers a more personalized college experience that can feel like a close-knit community. This school is a good fit for those interested in practical fields such as Business & Marketing, Education, Criminal Justice, Biology & Biomedical, and Psychology. The 70% acceptance rate suggests that the college aims to welcome a diverse array of students, making it accessible for many who might be considering higher education.
When looking at life after graduation, students can expect to earn about $50,417 a year a decade after they leave. This figure can help guide expectations for financial stability, especially considering the relatively affordable net price of $20,961 after aid. While the graduation rate sits at 40%, which may raise some questions, it also means that there's room for improvement and potential growth for those who are committed to their studies.
On the financial side, students graduate with a median debt of $26,000, which is manageable relative to their earnings potential. Those who thrive here tend to be self-motivated and ready to engage with their chosen fields. The 37% Pell Grant rate indicates that many students receive financial assistance, which can play a crucial role in making college more affordable and accessible for families.
Rankings
Can I Get In?
How selective Lake Erie College is — and how your numbers stack up.
Tool
Will I Be Accepted?
Enter your credentials to see your chances at this school.
Academics & Admissions
Is It Hard to Get Into Lake Erie College? Acceptance Rate & Requirements
Based in Painesville, Ohio, Lake Erie College keeps admissions accessible, extending offers to roughly 70% of those who apply. Admitted students typically arrive with a mid-range ACT score around 20. The school reports a graduation rate of roughly 40%.
Can I Afford It?
What you'll actually pay after grants and aid — not the sticker price.
Cost & Financial Aid
How Much Does It Cost to Attend Lake Erie College? Tuition, Net Price & Aid
When weighing the true cost of attending Lake Erie College, prospective students should look past the published sticker price of $37,634 in tuition. The figure that matters more is the average net price — the actual out-of-pocket cost after federal grants, institutional scholarships, and student loans — which works out to about $20,961 for families who qualify for aid. Students from families earning under $30,000 typically pay closer to $20,195 after need-based grants. Graduates leave with a median federal student-loan debt of about $26,000.
What Families Actually Pay
What Happens After?
Earnings, debt, and where graduates actually land.
Graduate Outcomes
Is Lake Erie College Worth It? Graduate Earnings & ROI
Ten years out, alumni of Lake Erie College earn a median of $50,417, roughly in line with national averages for graduates.
Earnings Trajectory
Graduation by Timeframe
How Lake Compares
Dot right of center = above national average.
Net Price by Family Income
What families actually pay after aid, by income bracket.
The Mobility Equation
Mobility = Access x Success. How many low-income students get in, and how many reach the top 20%?
College ROI Calculator
Is Lake Erie College Worth It?
A data-driven look at the return on your educational investment — using real federal data.
Yes — for most students, Lake Erie College delivers a positive return. Over four years, the typical net price is $20,961/year ($83,844 total). Graduates earn $50,417 at ten years, and over a 20-year career we project $1,185,175 in total earnings — a net gain of $1,101,331 (14.1× your investment). The median debt is $26,000, which takes less than a year to pay back at typical earnings. With a 40% graduation rate, the path to that return is well-tested. This is a exceptional ROI compared to national averages.
Does It Change Lives?
Mobility, social capital, and innovation — does it move people up?
Social Mobility
Data: Raj Chetty's Mobility Report Card · 30M+ anonymized tax records
Does Lake Erie College Drive Upward Mobility? Economic Mobility & Low-Income Outcomes
Lake Erie College is a measurable contributor to upward mobility: its mobility rate — the share of students who start in the bottom income quintile and climb to the top — is 0.07%, a more modest figure. About 9.3% of students come from families in the bottom income quintile. Among bottom-quintile students who attend, roughly 0.8% go on to reach the top of the income ladder. The median family income of students sits near $76,700, a useful read on the campus's socioeconomic mix.
Institutional Finances
Data: NCES IPEDS
Top Programs
The fields Lake Erie College awards the most degrees in, by share of completions. Each links to its degree guide — with salary, growth, and the schools with the strongest outcomes.
Top Careers
Where these majors tend to lead — common career paths for Lake Erie College's most popular programs, with median pay and projected growth.
Frequently Asked Questions
Is It Hard to Get Into Lake Erie College? Acceptance Rate & Requirements +
Based in Painesville, Ohio, Lake Erie College keeps admissions accessible, extending offers to roughly 70% of those who apply. Admitted students typically arrive with a mid-range ACT score around 20. The school reports a graduation rate of roughly 40%.
How Much Does It Cost to Attend Lake Erie College? Tuition, Net Price & Aid +
When weighing the true cost of attending Lake Erie College, prospective students should look past the published sticker price of $37,634 in tuition. The figure that matters more is the average net price — the actual out-of-pocket cost after federal grants, institutional scholarships, and student loans — which works out to about $20,961 for families who qualify for aid. Students from families earning under $30,000 typically pay closer to $20,195 after need-based grants. Graduates leave with a median federal student-loan debt of about $26,000.
Is Lake Erie College Worth It? Graduate Earnings & ROI +
Ten years out, alumni of Lake Erie College earn a median of $50,417, roughly in line with national averages for graduates.
Does Lake Erie College Drive Upward Mobility? Economic Mobility & Low-Income Outcomes +
Lake Erie College is a measurable contributor to upward mobility: its mobility rate — the share of students who start in the bottom income quintile and climb to the top — is 0.07%, a more modest figure. About 9.3% of students come from families in the bottom income quintile. Among bottom-quintile students who attend, roughly 0.8% go on to reach the top of the income ladder. The median family income of students sits near $76,700, a useful read on the campus's socioeconomic mix.
How Connected Is Lake Erie College? Social Capital & Cross-Class Networks +
Social capital — the web of cross-class friendships that researchers link to long-run upward mobility — runs high at Lake Erie College, with an economic connectedness score of 1.56 (about 1.0 is the national norm). Its friending bias is low (-0.00), a sign that students from different economic backgrounds genuinely mix rather than self-segregate. Around 7% of students take part in civic and volunteering activity.
Similar Schools
Schools with similar outcomes, selectivity, and student profiles to Lake Erie College.
Social Capital
Data: Opportunity Insights Social Capital Atlas
How Connected Is Lake Erie College? Social Capital & Cross-Class Networks
Social capital — the web of cross-class friendships that researchers link to long-run upward mobility — runs high at Lake Erie College, with an economic connectedness score of 1.56 (about 1.0 is the national norm). Its friending bias is low (-0.00), a sign that students from different economic backgrounds genuinely mix rather than self-segregate. Around 7% of students take part in civic and volunteering activity.
Research Note