Lake Erie College ROI Analysis
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
Quick answer
USACollegeData.com ROI analysis (College Scorecard data): four years at Lake Erie College costs about $144,128 in in-state tuition, and graduates earn a median of $43,959 five years after graduation — the investment breaks even in roughly 16.1 years (20-year ROI: 24%).
ROI Summary
Total 4-Year Cost
$144,128
In-state tuition x 4
Earnings Premium
$8,959/yr
above high school diploma avg
Break-Even Point
16.1 years
After graduation
20-Year ROI
24%
Return on investment
ROI Analysis
The one-year earnings for Lake Erie College graduates are $39,461, which is slightly higher than the in-state tuition cost of $36,032. However, the five-year earnings are $43,959, and the ten-year earnings are $50,417. The median debt for graduates is $26,000, and 57.6% of students receive financial aid.
Given the median debt of $26,000 and the one-year earnings of $39,461, the debt-to-income ratio is approximately 0.66. The break-even timeline, which is the time it takes for earnings to surpass the total cost of education, is not directly calculable from the provided data. However, the initial earnings suggest a relatively quick return on investment compared to the tuition cost.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$36,032
Median Debt at Graduation
$26,000
Median Earnings (5yr)
$43,959
Graduation Rate
42%
Receive Financial Aid
58%
Avg Aid Amount
N/A
Program-Level ROI
| Program | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|
| Business Administration, Management and Operations | $58,944 | 232% |
| Allied Health Diagnostic, Intervention, and Treatment Professions | $0 | N/A |
| Psychology, General | $0 | N/A |
Peer Comparison
Financial Aid Impact
Before Aid
After Aid (Estimated)
Frequently Asked Questions
Methodology
ROI calculations are based on data from the U.S. Department of Education College Scorecard. The earnings premium is calculated as the difference between median graduate earnings and the national average earnings for high school diploma holders ($35,000).
The 20-year ROI formula: ((Earnings Premium x 20) - Total Cost) / Total Cost x 100. Break-even point: Total Cost / Annual Earnings Premium. All figures use in-state tuition and do not account for inflation, opportunity cost, or financial aid variations.