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Lake Erie College

Painesville, Ohio · Private nonprofit · 4-year · Suburb

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At a glance

Average net price
$20,961What students typically pay per year after grants and scholarships.
Acceptance rate
70%
Graduation rate
40%Share of students who finish within 150% of the normal time.
Undergraduates
852
In-state tuition
$37,634Published price before aid.
Out-of-state tuition
$37,634
SAT midpoint
1,018
Median earnings, 10 yrs
$50,417Median earnings of former students ten years after they first enrolled.

Source: U.S. Department of Education College Scorecard. Data year: 2022-23 academic year. Updated September 2026. Figures are averages across all students and will differ from what any individual pays.

How it compares to similar colleges

Each rating covers one measure against private nonprofit 4-year colleges nationally. Five stars means the top fifth on that measure. There is no overall score, because which of these matters is your call.

Affordability

$20,961

Better than 61% of private nonprofit 4-year colleges (1092 compared).

Completion

40%

Better than 18% of private nonprofit 4-year colleges (1063 compared).

Earnings

$50,417

Better than 38% of private nonprofit 4-year colleges (1087 compared).

Debt at graduation

$26,000

Better than 28% of private nonprofit 4-year colleges (1020 compared).

What these ratings are based on
Affordability
Based on average net price: what students receiving federal aid actually paid, after grants and scholarships. Your own cost depends on your family's finances.
Completion
Based on the share of first-time, full-time students who graduate within 150% of normal time. It excludes transfer and part-time students, which understates colleges serving many of them.
Earnings
Based on median earnings ten years after students first enrolled. It reflects the subjects a college teaches and the region it sits in as much as its teaching.
Debt at graduation
Based on median federal loan debt among students who completed. Private and parent loans are not included, so real totals are often higher.
Why there is no rating for selectivity
A lower acceptance rate is selectivity, not quality. Awarding stars for it would be us inventing a value judgement and hiding it behind a number.

What it actually costs

Published cost

$50,790

The sticker price: tuition, fees, housing, food and books for one academic year, before any aid.

Average net price

$20,961

What students receiving federal aid actually paid on average, after grants and scholarships. This is the more useful number, though your own figure depends on your family’s finances.

Use this college’s official net price calculator

Outcomes

Graduation, retention, debt and earnings for Lake Erie College
Graduation rateWithin 150% of normal time40%
Retention rateFirst-year students who return59%
Median debt at graduationFederal loans only, students who completed$26,000
Median earnings, 10 years after entryFormer students, working and not enrolled$50,417

What graduates of each major earn

Median earnings one year after finishing, for people who took that subject here. This is the figure a college-wide median hides: the spread between subjects at one college is usually far wider than the spread between colleges.

Bachelor’s programs at Lake Erie College by graduate earnings
MajorEarnings, 1 yrDegrees awarded
Business Administration, Management and Operations$44,44019
Psychology, General$35,06713
Sports, Kinesiology, and Physical Education/FitnessNot reported17
Teacher Education and Professional Development, Specific Levels and MethodsNot reported15
Biology, GeneralNot reported12
Criminal Justice and CorrectionsNot reported9
Accounting and Related ServicesNot reported9
MarketingNot reported5
Special Education and TeachingNot reported5
MathematicsNot reported4
Communication, Journalism, and Related Programs, OtherNot reported4
Agricultural Business and ManagementNot reported4
Finance and Financial Management ServicesNot reported3
Rehabilitation and Therapeutic ProfessionsNot reported3
Political Science and GovernmentNot reported3
Natural Resources Conservation and ResearchNot reported2
English Language and Literature, GeneralNot reported2
Multi/Interdisciplinary Studies, OtherNot reported2
Visual and Performing Arts, GeneralNot reported2
HistoryNot reported1
Legal Support ServicesNot reported1
Human Resources Management and ServicesNot reported1
ChemistryNot reported1
Fine and Studio ArtsNot reported1
Entrepreneurial and Small Business OperationsNot reportedNot reported
Agricultural and Domestic Animal ServicesNot reportedNot reported
International BusinessNot reportedNot reported
Romance Languages, Literatures, and LinguisticsNot reportedNot reported
Public Relations, Advertising, and Applied CommunicationNot reportedNot reported
Computer/Information Technology Administration and ManagementNot reportedNot reported

All 30 bachelor’s programs this college reported.

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