2026 data College Scorecard official source

Affordable Alternatives to Lake Land College

Open-data reference.

We found 15 schools structurally similar to Lake Land College that cost less. 5 offer comparable or better earnings outcomes.

Your School

Lake Land College

Mattoon, Illinois · Public

$2,254
Net Price
$38,877
Median Earnings (10yr)
N/A
Acceptance Rate
N/A
Graduation Rate

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

Lake Land College posts an average net price of $2,254 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 Lake Land 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 $2,380, achieved by Coastal Pines Technical College at $-126. Of greater interest to ROI-focused applicants: 5 of the 15 alternatives also report median 10-year earnings at or above Lake Land College’s $38,877, meaning lower cost is not paired with lower earnings. The mean median-earnings figure across alternatives is $37,051.

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
$2,380
Max Savings
5
Better Value Options
67%
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. Illinois Valley Community Co $41k 2. Wiregrass Georgia Technical $31k 3. College of the Mainland $40k 4. Manatee Technical College $38k 5. Coastal Pines Technical Coll $30k Compared to Lake Land College: $39k.

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
Illinois Valley Community College
Oglesby, IL · Public Better Value
$2,232 -$22 $40,810 N/A 67%
Wiregrass Georgia Technical College
Valdosta, GA · Public
$614 -$1,640 $30,864 N/A 66%
College of the Mainland
Texas City, TX · Public Better Value
$1,342 -$912 $39,639 29.8% 62%
Manatee Technical College
Bradenton, FL · Public
$1,808 -$446 $38,129 N/A 62%
Coastal Pines Technical College
Waycross, GA · Public
$-126 -$2,380 $30,214 N/A 60%
College of the Sequoias
Visalia, CA · Public Better Value
$480 -$1,774 $39,092 N/A 59%
New Mexico State University-Grants
Grants, NM · Public Better Value
$68 -$2,186 $39,067 N/A 59%
Eastern New Mexico University Ruidoso Branch Community College
Ruidoso, NM · Public
$2,042 -$212 $38,550 N/A 59%
Wayne Community College
Goldsboro, NC · Public
$2,245 -$9 $34,148 N/A 59%
Trident Technical College
Charleston, SC · Public
$1,406 -$848 $38,253 N/A 58%
Johnston Community College
Smithfield, NC · Public
$1,776 -$478 $37,310 N/A 58%
West Virginia University at Parkersburg
Parkersburg, WV · Public
$1,807 -$447 $35,171 20.0% 58%
Chipola College
Marianna, FL · Public
$1,133 -$1,121 $37,378 57.2% 56%
Lamar State College-Orange
Orange, TX · Public
$1,655 -$599 $36,587 N/A 55%
Wood County Technical Center-Practical Nursing
Parkersburg, WV · Public Better Value
$2,248 -$6 $40,547 N/A 54%

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 Lake Land 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 Lake Land College?
We found 15 schools similar to Lake Land College that cost less. The closest match is Illinois Valley Community College with 67% similarity and a net price of $2,232.
What is the ROI of attending Lake Land College?
Lake Land College has an average net price of $2,254. Graduates earn a median of $38,877 ten years after enrollment. The earnings-to-cost ratio is 17.2x.
Are there schools with better outcomes than Lake Land College for less money?
Yes — 5 of 15 alternatives offer comparable or higher median earnings at a lower net price. Illinois Valley Community College costs $2,232 (saving $22) with median earnings of $40,810.
What is the cheapest alternative to Lake Land College?
The most affordable similar school is Coastal Pines Technical College at $-126, saving $2,380 compared to Lake Land College. It has a 60% similarity score.
How do alternative schools' earnings compare?
The 15 alternatives have an average median earnings of $37,051 compared to Lake Land College's $38,877. While alternatives cost less, their average earnings are also lower. 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.