Private nonprofit · COLLEGE PAYOFF

Lake Erie College

Painesville, OH · 7 reportable field-and-credential outcomes

MODELED SCENARIO · Negative payoff

−$178,224 over 10 years

Modeled from observed year-5 institution earnings and the institution-wide average net price over four years.

At these assumptions, the estimated earnings premium does not recover the modeled economic investment within ten years.

30.8 yrsModeled economic break-even
−68%Modeled 10-year ROI
$53,562Observed earnings · year 5
Economic ROI includes direct price and earnings forgone during study · $45,000 comparison earnings · values held flat · see the formula
ECONOMIC INVESTMENT → PAYBACK

Estimated payoff over ten years.

The scenario counts direct price and earnings forgone upfront, then applies the reported annual earnings premium.

10-YEAR PAYOFF CURVECumulative economic payoff after graduation
−$178,224at year 10
Net gainInvestment not yet recovered
NET GAIN$0UNRECOVERED
−$263,8440
2
4
6
8
−$178,22410
Years after graduationBreak-even: 30.8 years
FEDERAL COST DATA

Four ways to read college price.

Annual college-wide figures from the current College Scorecard release. Average net price covers full-time, first-time undergraduates receiving federal aid; public-college figures use in-state students. Program tuition and individual aid offers may differ.

Published in-state tuition$37,634
Sticker price
Published out-of-state tuition$37,634
Sticker price
Average net price$20,961
Title IV student average
Cost of attendance$50,790
Tuition + living budget
PRICE SOURCECollege reported · annual amount · federal dataset
OBSERVED FEDERAL MEASURES

Cost, debt, completion and earnings context

$20,961Average net price / year
$50,790Cost of attendance
$26,000Median federal student debt · completer borrowers
$276/moPublished 10-year payment estimate
$53,562Median earnings · year 5 after completion
38.0%Completion rate
70.4%Admission rate
852Student size

Institution debt covers federal student-loan borrowers who completed. Parent PLUS and private loans are excluded; missing and privacy-suppressed values remain unavailable.

PRICE BY FAMILY INCOME

Average net price is not one price

Federal averages for aided students in each family-income band. Your aid offer can differ.

$0–30k$20,195
$30–48k$19,575
$48–75k$18,548
$75–110k$23,205
$110k+$22,370
LONGER-TERM CONTEXT

What happens beyond the first earnings measure

Year 5$53,562
Year 6$43,959
Year 10$50,417
Full-time retention
59.4%
Part-time retention
Not available
Completion within 200% of normal time
42.9%

Earnings timepoints may use different historical cohorts and should not be read as one group’s guaranteed salary growth.

NATIONAL CONTEXT

How this college compares

Percentiles compare this institution with currently operating colleges that report the same federal measure.

69thEarnings percentile
21thCompletion percentile
WHAT STANDS OUT

A faster read on this college

These summaries use only reportable field-and-credential records at this institution. They do not fill privacy-suppressed outcomes.

$57,506Median year-4 earnings across reportable program categories
$27,000Median federal debt across categories that report debt
43%Of earnings-reporting categories above their same-field national benchmark
EARNINGS PATH

Reported earnings over time

$39,461Year 1
$57,903Year 4
$53,562Year 5

Separate federal cohorts may underlie different measurement years.

PROGRAM PAYOFF SPREAD

The college average is not the whole story.

Observed earnings vary substantially by field and credential at the same institution.

1Allied Health Diagnostic, Intervention, and Treatment Professions · Master's Degree$129,8192Business Administration, Management and Operations · Master's Degree$80,8143Business Administration, Management and Operations · Bachelor's Degree$70,0674Biology, General · Bachelor's Degree$57,5065Criminal Justice and Corrections · Bachelor's Degree$49,4266Psychology, General · Bachelor's Degree$48,6877Teacher Education and Professional Development, Specific Levels and Methods · Bachelor's Degree$41,284

Observed year-4 earnings · compare like fields and credentials before deciding

BUILD A REAL SHORTLIST

Comparable colleges in OH

Currently operating private nonprofit institutions with the closest combination of annual net price and observed year-5 earnings. Similarity is descriptive—not a quality ranking.

Hiram, OH

Hiram College

Annual net price
$21,058
Observed earnings · year 5
$53,876
Modeled 10-year ROI
-66%
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Troy, OH

Hobart Institute of Welding Technology

Annual net price
$21,409
Observed earnings · year 5
$54,689
Modeled 10-year ROI
-64%
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Delaware, OH

Ohio Wesleyan University

Annual net price
$20,897
Observed earnings · year 5
$52,040
Modeled 10-year ROI
-73%
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Independence, OH

Central School of Practical Nursing

Annual net price
$21,369
Observed earnings · year 5
$52,341
Modeled 10-year ROI
-72%
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ALL REPORTABLE PROGRAM CATEGORIES

Explore exact field-and-credential outcomes

Federal fieldCredentialEarnings, year 4Federal debt
Allied Health Diagnostic, Intervention, and Treatment ProfessionsMaster's Degree$129,819Not available
Business Administration, Management and OperationsMaster's Degree$80,814Not available
Business Administration, Management and OperationsBachelor's Degree$70,067$27,000
Biology, GeneralBachelor's Degree$57,506$27,000
Criminal Justice and CorrectionsBachelor's Degree$49,426Not available
Psychology, GeneralBachelor's Degree$48,687$28,000
Teacher Education and Professional Development, Specific Levels and MethodsBachelor's Degree$41,284$31,000

Earnings, price, completion and enrollment are observed federal measures. ROI, payoff and break-even are modeled scenarios built from those measures and fixed assumptions. College payoff is not the payoff of every degree at this school; use the program table for a more precise comparison.