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  1. The Inkwell
  2. Ohio
  3. Lake Erie College
Campus of Lake Erie College, Painesville, OH
Painesville, OHSuburb: largeZIP 44077Founded 1856
Photo: User:Dkocan · Public domain · Wikimedia Commons
Founded
1856
Carnegie class
Master's: small programs
Highest degree
Graduate degree
Federal aid since
1965
OhioPrivate nonprofit

Lake Erie College

Lake Erie College is a private nonprofit college in Painesville, Ohio, with 852 undergraduates. It admits 70% of applicants, graduates 44% within six years and costs $13,324 a year after aid.

44%graduate
Admission rate70%
Retention59%
4-year graduation36%
Pell Grant share44%
Federal loans43%
average net price / year
$13,324 $52,847
after grants · sticker cost struck through
$13,324net price / year
70%admission rate
—average SAT
44%graduate in 6 years
$54,578median earnings, 10 yrs
$23,250median debt
#1,042 of 1,704 for earnings#378 of 1,739 for lowest net price#1,229 of 1,738 for graduation rate#573 of 1,552 for selectivity
what it costs

Cost and net price

Net price is the average annual cost after grants and scholarships for full-time students who receive federal aid; it varies with family income.

Published cost
Cost of attendance
$52,847tuition, fees, housing, books, per year
Tuition & fees, in-state
$38,700
Tuition & fees, out-of-state
$38,700
Average net price
$13,324national median $19,980
Net price by family income
$0–30,000$11,400
$30,001–48,000$11,306
$48,001–75,000$15,106
$75,001–110,000$15,720
$110,001+$14,067
getting in

Admissions and test scores

Admission
Admission rate
70%national median 77%
Average SAT
—
SAT reading, middle 50%
—
SAT math, middle 50%
—
ACT composite, middle 50%
—
Against the national median
Admission rate · this college70%
Admission rate · U.S. median77%
Retention · this college59%
Retention · U.S. median76%
Graduation · this college44%
Graduation · U.S. median55%
Pell share · this college44%
Pell share · U.S. median39%
after enrolling

Graduation, earnings and debt

Completion
Graduation rate, 6 years
44%within 150% of normal time
Graduation rate, 4 years
36%
First-year retention
59%
Award within 8 years, all students
48%
Earnings and debt
Median earnings, 6 years after entry
$47,240
Median earnings, 10 years after entry
$54,578middle 50%: $37,828–$78,651
Median debt at graduation
$23,250
3-year loan default rate
0%
Earnings ten years after entry
Upper quarter$78,651
Median, Lake Erie College$54,578
Lower quarter$37,828
U.S. median, all colleges$58,886
Former students working and not enrolled · College Scorecard
who studies here

Students and faculty

Undergraduates
Degree-seeking undergraduates
852
Part-time
0.8%
Women / men
52% / 48%
Average age at entry
20.4
First-generation students
33%
Pell Grant recipients
44%
Faculty and resources
Student-to-faculty ratio
12 : 1
Full-time faculty
50%
Average faculty salary
$6,902 / month
Instructional spending per student
$5,968
Endowment, end of year
$31,545,508
Race and ethnicity, undergraduates
White59%
Hispanic4.0%
Black22%
Asian0.7%
Two or more races2.4%
U.S. nonresident3.0%
American Indian / Alaska Native1.1%
Native Hawaiian / Pacific Islander0.1%
Unknown8.7%
17 fields of study

Most popular fields

Share of bachelor’s degrees awarded, by broad field (CIP family).

Business & management26%
Education22%
Psychology10%
Agriculture7.8%
Biological & biomedical sciences7.1%
Parks, recreation & fitness7.1%
Homeland security, law enforcement & firefighting5.2%
Communication & journalism4.5%
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Source: College Scorecard, U.S. Department of Education — institution file, most recent cohorts. UNITID 203580. Founding year, motto and memberships: Wikidata Q6475773.