Mar–Jul 2026 retrievals 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
55.9%
150%-Time Completion

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, former-student earnings, and completion rate. 15 institutions cleared a 40-percent similarity threshold.

The maximum possible savings across this list is $2,518, achieved by Wilkes Community College at -$264. 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 $36,927.

The similarity scoring gives enrollment size, Carnegie classification, and ownership sector the highest weights as transparent structural matching choices. Admission and completion rates are secondary features, while net price determines which lower-cost matches appear. Net price is the average cost of attendance minus grant and scholarship aid for full-time, first-time undergraduate Title IV recipients; it describes that source cohort, not the aid a typical admitted student or any individual family will receive. It is more informative than sticker tuition for that cohort but is not a personalized quote.

Similar Schools That Cost Less

15
Alternatives Found
$2,518
Max Savings
5
Better Value Options
61%
Best Match
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 1. Wayne Community College $34k 2. Chipola College $37k 3. Wiregrass Georgia Technical $31k 4. Illinois Valley Community Co $41k 5. College of the Mainland $40k Compared to Lake Land College: $39k.

Source: U.S. Department of Education, College Scorecard Institution-level earnings + cost-of-attendance file · Institution data retrieved July 2026 Institution earnings use federally aided entry cohorts and are not graduate-only; net price is the cohort average for full-time, first-time undergraduate Title IV recipients.

A negative College Scorecard net price means the institution reported average grant and scholarship aid above its cost-of-attendance estimate for the covered first-time, full-time aid recipients. It is a cohort average, not a promise that every student is paid to attend.

School Net Price Savings Earnings (10yr) Graduation Similarity
Wayne Community College
Goldsboro, NC · Public
$2,245 -$9 $34,148 53.0% 61%
Chipola College
Marianna, FL · Public
$1,133 -$1,121 $37,378 57.2% 60%
Wiregrass Georgia Technical College
Valdosta, GA · Public
$614 -$1,640 $30,864 47.4% 60%
Illinois Valley Community College
Oglesby, IL · Public Better Value
$2,232 -$22 $40,810 43.3% 59%
College of the Mainland
Texas City, TX · Public Better Value
$1,342 -$912 $39,639 29.8% 55%
Coastal Pines Technical College
Waycross, GA · Public
-$126 -$2,380 $30,214 47.1% 55%
Wood County Technical Center-Practical Nursing
Parkersburg, WV · Public Better Value
$2,248 -$6 $40,547 N/A 54%
Manatee Technical College
Bradenton, FL · Public
$1,808 -$446 $38,129 71.7% 54%
College of the Sequoias
Visalia, CA · Public Better Value
$480 -$1,774 $39,092 35.7% 52%
New Mexico State University-Grants
Grants, NM · Public Better Value
$68 -$2,186 $39,067 25.3% 52%
Eastern New Mexico University Ruidoso Branch Community College
Ruidoso, NM · Public
$2,042 -$212 $38,550 21.6% 52%
Wilkes Community College
Wilkesboro, NC · Public
-$264 -$2,518 $34,728 53.8% 52%
Trident Technical College
Charleston, SC · Public
$1,406 -$848 $38,253 29.2% 51%
Johnston Community College
Smithfield, NC · Public
$1,776 -$478 $37,310 32.1% 51%
West Virginia University at Parkersburg
Parkersburg, WV · Public
$1,807 -$447 $35,171 20.0% 51%

How We Match Schools

Our similarity engine compares schools across six dimensions: institution type (Carnegie classification), ownership (public/private), enrollment size, admission selectivity, former-student 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 Wayne Community College with 61% similarity and a net price of $2,245.
What is the ROI of attending Lake Land College?
Lake Land College has an average net price of $2,254. Former students 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 Wilkes Community College at -$264, saving $2,518 compared to Lake Land College. It has a 52% similarity score.
How do alternative schools' earnings compare?
The 15 alternatives have an average median earnings of $36,927 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.