Lake Erie College — acceptance rate 64%, tuition $34,596Lake Erie College campus, Painesville, OH. Photo: User:Dkocan, Public domain via Wikimedia Commons.
ℹ️
Rating Context:⚠️ Limited Data Available. Some metrics for this institution are incomplete or unavailable, which may affect the overall grade. Consider researching this school directly for the most current information.
Suggested Focus: For this type of institution, we recommend prioritizing the
Outcomes Score (C+)
which measures graduation and job placement rates — the most relevant metrics for career programs.
Graduation Rate: 42%
Outcomes
C+
61/100
Affordability
F
13/100
Resources
C+
59/100
Experience
B
67/100
Prestige
F
25/100
Two ratings: the overall grade compares colleges the conventional way (outcomes, cost, resources, experience, reputation). The Outcome Rating asks what students earn: 60% wage-adjusted earnings 10 years after enrolling, 25% graduation, 15% retention. Methodology
Quick Stats
942
Total Enrollment
42%
Graduation Rate
66%
Retention Rate
12.0:1
Student-Faculty Ratio
64%
Acceptance Rate
N/A
Avg Net Price
Earnings, Debt & Completion
What happens to students who enroll at Lake Erie College, from the U.S. Department of Education’s College Scorecard.
$50,417
Median earnings 10 yrs after entry
$43,959
Median earnings 6 yrs after entry
$26,000
Median debt at graduation
38%
Completion rate (within 150% of normal time)
20
Median ACT
37.2%
Students receiving Pell grants
Typical debt at graduation equals about 52% of one year’s median earnings ten years after entry.
Earnings rank: 44th percentile among bachelor’s-degree-focused colleges after a partial adjustment for local wage levels (OH wage index 0.88). This drives the Outcome Rating.
Source: U.S. Department of Education College Scorecard, retrieved Oct 2026. Earnings are for federally aided students who enrolled, whether or not they graduated.
Earnings by Major at Lake Erie College
Median pay of bachelor's degree graduates by field of study, and how each program ranks against every college reporting that major — by raw pay and adjusted for state wage levels. Same school, very different paychecks.
Source: U.S. Department of Education College Scorecard, field-of-study data. Earnings are for graduates who received federal aid and were working; small programs are not reported.
For parents & investors
The Lake Erie College Town Property Report
Avg home value near campus: $262,474
Avg rent near campus: $1,399/mo — vs ~$570/mo campus room rate
Top nearby ZIP by cap rate: 44095 (4.9% cap, Eastlake)
Get the free 1-page report: rent-vs-dorm math, the 3 best nearby ZIPs by yield,
and the “kiddie condo” strategy parents use.
✓ Sent — check your inbox
Free — no spam, unsubscribe anytime.
Costs & Financial Aid
Tuition & Fees
Category
In-State
Out-of-State
Tuition
$34,596
$34,596
Room
$5,132
Board
$6,460
Total Cost (On-Campus)
$52,314
$52,314
Financial Aid
100%
Receive Any Aid
40%
Receive Pell Grants
90%
Take Out Loans
N/A
Avg Net Price
Programs & Career Paths
Top Degree Programs
Programs ranked by number of degrees awarded annually.
Lake Erie College has an acceptance rate of 64%.
This indicates a less selective admissions process with good chances for qualified applicants.
How much does it cost to attend Lake Erie College?
Tuition at Lake Erie College is
$34,596 for in-state students
and $34,596 for out-of-state students
.
What is the graduation rate at Lake Erie College?
The graduation rate at Lake Erie College is 42%.
This graduation rate is below average. Consider factors like program type and student demographics when evaluating.
Is Lake Erie College a good school?
Lake Erie College has a Repit College Score of 45/100 (Grade: C).
Our rating evaluates five key factors:
Outcomes (C+): Graduation and retention rates
Affordability (F): Net cost and financial aid access
Resources (C+): Class sizes and selectivity
Experience (B): Campus life and learning format
Prestige (F): Reputation and recognition
Note: As a smaller institution, we recommend focusing on the Outcomes score when evaluating this school.
How many students attend Lake Erie College?
Lake Erie College has a total enrollment of 942 students.
Most students (84%) are traditional college-age (18-24).
Deciding between a dorm and buying near campus? Run the numbers for Lake Erie College — four years of dorm costs vs. owning, including what you’d recover at resale. Buy vs Dorm calculator →
🎓 Similar Colleges to Lake Erie College
Compare with other 4-Year private non-profit institutions of similar size.