2026 data College Scorecard official source

Affordable Alternatives to Folsom Lake College

Open-data reference.

We found 15 schools structurally similar to Folsom Lake College that cost less. 15 offer comparable or better earnings outcomes.

Your School

Folsom Lake College

Folsom, California · Public

$5,975
Net Price
$42,568
Median Earnings (10yr)
N/A
Acceptance Rate
N/A
Graduation Rate

What the IPEDS & College Scorecard Data Shows for Alternatives to Folsom Lake College

Folsom Lake College posts an average net price of $5,975 after grants and scholarships, the IPEDS-derived figure used to anchor this alternatives search. We screened institutions in the Integrated Postsecondary Education Data System for colleges that report a lower net price and share structural similarity with Folsom Lake College across six dimensions — ownership sector, Carnegie classification, undergraduate enrollment, admission rate, graduate earnings, and completion rate. 15 institutions cleared a 40-percent similarity threshold.

The maximum possible savings across this list is $5,439, achieved by College of San Mateo at $536. Of greater interest to ROI-focused applicants: 15 of the 15 alternatives also report median 10-year earnings at or above Folsom Lake College’s $42,568, meaning lower cost is not paired with lower earnings. The mean median-earnings figure across alternatives is $49,257.

The similarity scoring treats enrollment size, Carnegie classification, and ownership sector as high-weight features because those structural attributes correlate most strongly with student experience and post-graduation outcomes in the College Scorecard literature. Admission rate and graduation rate enter as secondary features, while net price drives the cost-ranking that determines which institutions appear. Net price is an IPEDS-reported figure calculated as the average cost of attendance minus institutional and federal grants for first-time, full-time undergraduates receiving Title IV aid — so it already accounts for the aid a typical admitted student would receive. That makes it a more honest cost comparison than sticker-price tuition alone.

Similar Schools That Cost Less

15
Alternatives Found
$5,439
Max Savings
15
Better Value Options
83%
Best Match

Top 5 alternatives by 10-yr earnings

Top 5 alternatives by 10-yr earnings Horizontal bar chart of the top 5 items by value (USD). Top 5 alternatives by 10-yr earnings Top 5 1. Middlesex College $47k 2. Rowan College at Burlington $45k 3. Irvine Valley College $49k 4. Norco College $51k 5. Santiago Canyon College $45k Compared to Folsom Lake College: $43k.

Source: U.S. Department of Education — College Scorecard Institution-level earnings + cost-of-attendance file · 2024 (latest release) Median 10-year earnings reflect federal-aid recipients only; net price reflects sticker price minus average grants/scholarships.

School Net Price Savings Earnings (10yr) Graduation Similarity
Middlesex College
Edison, NJ · Public Better Value
$2,288 -$3,687 $46,861 N/A 83%
Rowan College at Burlington County
Mount Laurel, NJ · Public Better Value
$5,344 -$631 $44,745 N/A 80%
Irvine Valley College
Irvine, CA · Public Better Value
$2,090 -$3,885 $49,156 N/A 76%
Norco College
Norco, CA · Public Better Value
$5,169 -$806 $51,206 N/A 71%
Santiago Canyon College
Orange, CA · Public Better Value
$2,129 -$3,846 $44,956 N/A 68%
College of San Mateo
San Mateo, CA · Public Better Value
$536 -$5,439 $54,172 N/A 67%
West Valley College
Saratoga, CA · Public Better Value
$3,423 -$2,552 $51,688 N/A 61%
College of the Canyons
Santa Clarita, CA · Public Better Value
$3,702 -$2,273 $49,022 N/A 60%
Mission College
Santa Clara, CA · Public Better Value
$5,080 -$895 $50,936 N/A 58%
Middlesex Community College
Bedford, MA · Public Better Value
$2,624 -$3,351 $50,651 N/A 58%
Saddleback College
Mission Viejo, CA · Public Better Value
$4,152 -$1,823 $50,874 N/A 54%
San Diego Miramar College
San Diego, CA · Public Better Value
$3,337 -$2,638 $48,224 N/A 54%
Kapiolani Community College
Honolulu, HI · Public Better Value
$5,202 -$773 $44,599 N/A 54%
Carroll Community College
Westminster, MD · Public Better Value
$2,725 -$3,250 $44,349 N/A 54%
New Mexico Military Institute
Roswell, NM · Public Better Value
$4,571 -$1,404 $57,410 N/A 53%

How We Match Schools

Our similarity engine compares schools across six dimensions: institution type (Carnegie classification), ownership (public/private), enrollment size, admission selectivity, graduate earnings, and completion rates. Each dimension is weighted by its impact on student outcomes.

Only schools with a lower average net price than Folsom Lake College are shown. Schools marked "Better Value" have comparable or higher median earnings at a lower cost.

Data source: U.S. Department of Education College Scorecard. Earnings are median values 10 years after enrollment, drawn from U.S. Treasury tax records. Net price is the average cost after grants and scholarships for first-time, full-time students, as reported through IPEDS.

Frequently Asked Questions

What are cheaper alternatives to Folsom Lake College?
We found 15 schools similar to Folsom Lake College that cost less. The closest match is Middlesex College with 83% similarity and a net price of $2,288.
What is the ROI of attending Folsom Lake College?
Folsom Lake College has an average net price of $5,975. Graduates earn a median of $42,568 ten years after enrollment. The earnings-to-cost ratio is 7.1x.
Are there schools with better outcomes than Folsom Lake College for less money?
Yes — 15 of 15 alternatives offer comparable or higher median earnings at a lower net price. Middlesex College costs $2,288 (saving $3,687) with median earnings of $46,861.
What is the cheapest alternative to Folsom Lake College?
The most affordable similar school is College of San Mateo at $536, saving $5,439 compared to Folsom Lake College. It has a 67% similarity score.
How do alternative schools' earnings compare?
The 15 alternatives have an average median earnings of $49,257 compared to Folsom Lake College's $42,568. On average, alternatives match or exceed this school's earnings. Individual results vary — check the comparison table above.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Department of Education College Scorecard. Consult a qualified professional before making decisions based on this data.