Private Nonprofit · Painesville, Ohio

Lake Erie College

Lake Erie College is a private nonprofit institution in Painesville, Ohio. as a private nonprofit, published Scorecard outcomes cover federal-aid recipients at this campus — endowment and sticker price sit outside those cohort fields.

$50,417
10-yr median earnings
70.4%
Acceptance rate
$20,961
Avg net price / yr
40.1%
150%-time completion

The verdict

Lake Erie College pairs above-median former-student earnings with a moderately open admit.

According to the U.S. Department of Education's College Scorecard.

Top 28%
former-student earnings, US
70.4%
acceptance rate
40.1%
150%-time completion
+15%
earnings, 6→10 yrs
Suburb: Large Carnegie: Master's (S)
View my saved schools

Institution data retrieved July 2026; field-of-study data retrieved March 2026.

How to read this Lake Erie College profile

Figures above come from IPEDS institution records published through the College Scorecard (retrieved July 2026 for institution fields; March 2026 for field-of-study). Peer groups and cost cohorts follow IPEDS ownership sector, Carnegie class ("Master's Colleges & Universities: Small Programs"), and locale, not an editorial shortlist.

Average net price subtracts grant and scholarship aid from cost of attendance for full-time, first-time undergraduate Title IV recipients. It is a defined cohort average, not a personalized price; income-band fields add context but do not replace the school's current net-price calculator.

Earnings use Treasury-linked records for federally aided former students who were working and not enrolled in the measurement year (completers and noncompleters). IPEDS completion and retention use separate first-time, full-time cohorts, so those denominators are not the earnings cohort. Read cost, completion, and earnings as distinct historical measures, not a causal verdict or individual forecast.

College Value Score

D
College Value Score
41/100
Lake Erie College

A 6-metric composite of earnings, cost, and completion outcomes benchmarked against every reporting US college, not a ranking of teaching quality, campus life, or fit for any individual student. See the full methodology.

Earnings B
$50,417
10-year median former-student earnings
Net Price F
$20,961
Average annual cost after grants and aid
Completion Rate F
40.1%
Completion within 150% of normal time
Debt F
$26,000
Median federal debt at graduation
Loan Repayment A-
76.1%
Borrowers repaying loans within 3 years
Retention F
59.4%
First-year students returning for year two
Lake Erie College vs. the national benchmark
EarningsNet PriceCompletionDebtRepaymentRetention

Each axis is the percentile score shown in the breakdown at left; the shape shows this school's overall profile at a glance.

10-yr median earnings

$50,417

Federal aid recipients only

Avg net price

$20,961

After grants and scholarships

150%-time completion

40.1%

Full-time, first-time cohort

150%-time completion vs portal median (57.1%) 40.1%

Four-year-institution cohort

College ROI Quadrant - Lake Erie College vs peers

Lake Erie College positioned by earnings vs cost Two-by-two quadrant chart: x-axis median earnings 10 years after enrollment, y-axis average net price after financial aid. Each dot is a college, colored by completion within 150% of normal time (garnet ≥65%, amber 45-64%, red <45%). Net price increases upward, earnings increase rightward, so: bottom-right = best value (low cost, high earnings); top-right = premium (high cost, high earnings); bottom-left = community college tier (low cost, modest earnings); top-left = cost challenge (high cost, low earnings). Currently plotting 8 colleges. Source: U.S. Department of Education College Scorecard joined to Carnegie Classification. Lake Erie College positioned by earnings vs … Carnegie Classification: Master's (S) Master's (… COST CHALLENGE PREMIUM COMMUNITY BEST VALUE $21K $53K Median Earnings 10 Years After Enrollment ($) $5K $32K Avg Net Price ($) Lake Erie College (you are here): $50K earn · $21K net · 40% grad You are here - Lake Erie College Ohio Christian University: $40K earn · $21K net · 35% grad Ohio Christian Uni… Columbus College of Art & Design: $41K earn · $29K net · 59% grad Columbus College o… Wilberforce University: $38K earn · $6K net · 13% grad Wilberforce Univer… Valley College-Cleveland: $25K earn · $30K net · 56% grad Valley College-Cle… Malone University: $49K earn · $21K net · 48% grad Malone University Heidelberg University: $48K earn · $21K net · 51% grad Auburn Career Center: $37K earn · $12K net · 71% grad Grad rate (4yr) ≥65% 45-64% <45%
Source: U.S. Department of Education College Scorecard + Carnegie Classification of Institutions of Higher Education

Each dot is a college plotted by 10-year median earnings (x-axis) vs average net price (y-axis), colored by completion within 150% of normal time. Bottom-right = high earnings/lower price; top-left = lower earnings/higher price.

How Lake Erie College ranks nationally

Where this school's former-student earnings fall within the full national distribution of every US college that reports to the College Scorecard, not just its peer set.

Lake Erie College: former-student earnings vs. every US college

10-year median earnings, College Scorecard

$50,417 Top 28% higher than 72% of 5,103 US colleges

$0–$20,000: 169 US colleges (3%). Below this entry. $20,000–$40,000: 2,245 US colleges (44%). Below this entry. $40,000–$60,000: 1,897 US colleges (37%). This entry sits in this band. $60,000–$80,000: 606 US colleges (12%). Above this entry. $80,000–$100,000: 134 US colleges (3%). Above this entry. $100,000–$120,000: 39 US colleges (1%). Above this entry. $120,000–$140,000: 11 US colleges (0%). Above this entry. $140,000–$160,000: 2 US colleges (0%). Above this entry. This college $0 $160,000 every US college, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US colleges. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Education, College Scorecard · Mar–Jul 2026 retrievals

Metric Lake Erie College National rank Percentile
10-yr median earnings $50,417 #1443 of 5103 72nd
Average net price $20,961 #3286 of 5020 35th (lower is better)
150%-time completion 40.1% #3656 of 4858 25th
Undergraduate enrollment 852 #2335 of 5462 57th

National ranks count every operating US college reporting each metric to the College Scorecard, separate from the earnings histogram above.

Quick Facts

852
Undergraduate enrollment
70.4%
Acceptance rate
-
SAT average
40.1%
150%-time completion
$50,417
10-yr median earnings
59.4%
First-year retention

How Lake Erie College ranks in Ohio

State rank among 243 reporting Ohio colleges with College Scorecard data, a separate lens from the national distribution above.

Metric Lake Erie College State rank Percentile
10-yr median earnings $50,417 #71 of 243 71st
Average net price $20,961 #141 of 228 38th (lower is better)
150%-time completion 40.1% #179 of 235 24th
Undergraduate enrollment 852 #80 of 257 69th

Highest former-student earnings in Ohio

#School10-yr earningsNet price
1Chamberlain University-Ohio$92,405$31,544
2Case Western Reserve University$87,989$41,190
3Ohio Northern University$80,928$24,478
4Four County Career Center$77,338-
5University of Dayton$75,537$29,533
6Mount Carmel College of Nursing$75,103$10,420
7Mount Carmel College of Nursing - Fairfield$75,103-
8Kenyon College$71,830$38,512
9Trinity Health System School of Nursing$71,660$9,825
10Firelands Regional Medical Center School of Nursing$68,723-
11The Christ College of Nursing and Health Sciences$68,303$18,378
12Denison University$67,753$40,007
71Lake Erie CollegeThis school$50,417$20,961

Admissions

Admission Rate 70.4%
ACT Average 20
0%100%70.4%
Share of applicants admitted

Costs & Financial Aid

Net price by family income at Lake Erie College

Average annual net price after grants; Title IV recipient cohort by income bracket

net price / yr

What this shows Need-based aid pulls net price down at lower brackets at Lake Erie College - compare the bar for your income band, not the overall average alone.

Source U.S. Department of Education, College Scorecard As of Mar–Jul 2026 retrievals

Tuition & Net Price

In-State Tuition $37,634
Out-of-State Tuition $37,634
Average Net Price $20,961
37.2%
Pell Grant Rate
54.6%
Federal Loan Rate
$26,000
Median Debt
$276/mo
Monthly Payment

2013–2023: what Lake Erie College costs has stayed close to flat

Average net price moved +8.7% over 10 years, from $19,596 to $21,296 in nominal dollars. The median college measured over the same span moved +14.6%.

Average net price, 2013–2023

11 reported years. Nominal dollars, not adjusted for inflation.

2013: $19,5962014: $20,0052015: $20,4792016: $21,2442017: $19,1602018: $19,9852019: $20,2612020: $21,0002021: $21,2162022: $21,5922023: $21,296
2013 · $19,5962023 · $21,296

Over the same years, enrollment went -19.2% (839 → 678 students).

Source: U.S. Department of Education, College Scorecard, per-year fields (2013–2023). Net price is the average cost after grant and scholarship aid for federally-aided undergraduates.

Student Demographics

Race & ethnicity

Student body at a glance

44.2%
Female
32.7%
First Generation

Outcomes

59.4%
Retention Rate
$43,959
Median Earnings (6yr)
60.1%
Earning Over $25K
76.1%
Loan Repayment, Completers (3yr)

Outcomes & debt snapshot

Measure Cohort / horizon Value
Completion within 150% of normal time First-time, full-time 40.1%
First-year retention First-time, full-time freshmen 59.4%
Median earnings 6 years after entry $43,959
Median earnings 10 years after entry $50,417
Share earning over $25,000 Working, not enrolled 60.1%
Loan repayment rate Completers, 3 years after leaving 76.1%
Median federal student debt At completion $26,000
Estimated monthly payment Standard 10-year plan $276/mo

Programs & Earnings

Field-of-study summary by credential

Credential Programs Award count Avg earnings Top earnings Avg debt
Bachelor's 7 90 $53,394 $70,067 $26,563
Master's 2 81 $105,317 $129,819 $71,980

Top programs at Lake Erie College by completer earnings

Median earnings of program completers, College Scorecard field-of-study file

median earnings

What this shows The highest-earning programs at a school are not necessarily its most popular ones - a small specialized program can post strong median earnings without reflecting the outcome most students here actually see.

Source U.S. Department of Education, College Scorecard As of Mar–Jul 2026 retrievals

Program Credential Completers Median Earnings Median Debt
Allied Health Diagnostic, Intervention, and Treatment Professions Master's 26 $129,819 $102,960
Business Administration, Management and Operations Master's 55 $80,814 $41,000
Business Administration, Management and Operations Bachelor's 22 $70,067 $27,000
Biology, General Bachelor's 7 $57,506 $27,000
Criminal Justice and Corrections Bachelor's 8 $49,426 -
Psychology, General Bachelor's 15 $48,687 $27,000
Teacher Education and Professional Development, Specific Levels and Methods Bachelor's 18 $41,284 $25,250
Agricultural Business and Management Bachelor's 8 - -
Sports, Kinesiology, and Physical Education/Fitness Bachelor's 12 - -

Independent Scorecard matches among reporting colleges — not recommendations from the institution or a counselor.

Frequently Asked Questions

What is the acceptance rate at Lake Erie College?
Lake Erie College is a private nonprofit institution in Painesville, Ohio. The acceptance rate is 70.4%. Undergraduate enrollment is 852 students.
How much do Lake Erie College former students earn?
Federally aided former students at Lake Erie College who were working and not enrolled had median earnings of $50,417 ten years after entry; the cohort is not limited to graduates. Six years after entry, the corresponding median is $43,959.
How much does Lake Erie College cost?
The average net price at Lake Erie College is $20,961. In-state tuition is $37,634 and out-of-state tuition is $37,634. Median student debt at graduation is $26,000.
What is the graduation rate at Lake Erie College?
Lake Erie College has a 40.1% completion rate within 150% of normal time at a four-year institution (typically six years for a bachelor’s program). The first-year retention rate is 59.4%.
Is Lake Erie College worth the student debt?
The median student debt at Lake Erie College is $26,000, while former students earn a median of $50,417 ten years after enrollment. That debt represents about 52% of those annual earnings. Among borrowers who completed their program, 76.1% are repaying their loans within 3 years. Estimated monthly loan payment is $276.

Sources & methodology

Private-nonprofit profiles emphasize Scorecard cost-after-aid and completion alongside IPEDS Carnegie class. Endowment, gifts, and sticker price are not Scorecard fields on this page.

Figures are the Mar–Jul 2026 federal retrievals. Nonprofit campuses vary widely in aid practice — net price here is the Title-IV-recipient cohort average, not an individual award letter. Read the full methodology for how the data is sourced, computed, and verified.

Where to go next from Lake Erie College

Nonprofit Scorecard medians describe federal-aid recipients who were working and not enrolled — they are not sticker-price ROI and not advice.

Every figure on PlainCollege is rendered directly from the U.S. Department of Education's College Scorecard data, no number is typed in by an editor. Private-nonprofit profiles compile Scorecard net-price and earnings cohorts with IPEDS structure fields — no editor-typed figures. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error on this page. Review the public data changelog. Data current as of Mar–Jul 2026 retrievals.