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Lake Forest College — ROI, Cost & Payback

Private nonprofit · Lake Forest, IL · 1,813 students

The verdict

Lake Forest College charges a net price of $28,673/yr after aid — a 4-year total of $114,692. Graduates earn a median $61,825 ten years after entry, $13,465/yr above the $48,360 high-school baseline, clearing the total in 8.5 years — a 20-year net return of $154,608, a solid payback. (Scorecard, 2026 · our math.)

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Lake Forest College's 8.5-year payback ranks #716 of 1,280 US colleges we track — better ROI than 44% of them, and #28 of 116 in Illinois.

Better ROI than 44% of US colleges#716 of 1,280
Weakest ROIStrongest ROI
$28,673
Net price / yr
Scorecard, 2026
$61,825
Median earnings, 10 yrs
Scorecard, 2026
8.5 yrs
Payback
Our math, 2026
57%
Admission rate
Scorecard, 2026
Lake Forest College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$28,673/yrScorecard, 2026
Total net cost (4 yrs)$114,692our math
Median earnings, 10 yrs after entry$61,825Scorecard, 2026
Earnings premium over HS baseline$13,465/yrour math
Median debt (completers)$26,158Scorecard, 2026
Payback8.5 yrsour math
20-year net return$154,608our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

The arithmetic, on Lake Forest College's own numbers. Net price $28,673 × 4 years = $114,692 total. Median earnings $61,825 − the $48,360 high-school baseline = $13,465 a year of premium. $114,692 ÷ $13,465 = 8.5 years to break even; twenty years of that premium minus the cost leaves $154,608. Future dollars are not discounted, and the earnings figure blends every major here — your programme can beat or miss it. Full method.

How much debt do Lake Forest College students graduate with?

A median $26,158 in federal loans among completers, or 42% of the $61,825 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Lake Forest College students graduate?

78% finish their degree. Spread the $114,692 bill across that completion rate and the cohort pays $147,041 per graduate produced — our math, and the figure a payback number never shows.

Is Lake Forest College expensive compared with other Illinois colleges?

Its $28,673 net price runs $14,923 above the $13,750 median across the 116 Illinois colleges we profile, or $59,692 more across the full degree.

Lake Forest College: frequently asked questions

Is Lake Forest College worth the cost?
On the numbers, yes. Lake Forest College charges $28,673/yr after aid ($114,692 over 4 years), and graduates earn a median $61,825 ten years out — $13,465/yr above the $48,360 high-school baseline. That clears the cost in 8.5 years and returns $154,608 net over 20 years, a solid payback.
How long does a Lake Forest College degree take to pay off?
About 8.5 years. We divide the $114,692 four-year net cost by the $13,465/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Lake Forest College cost after financial aid?
The median net price is $28,673/yr — about $114,692 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Lake Forest College compare to other Illinois colleges?
It ranks #28 of 116 Illinois colleges we track by payback. Its $61,825 median earnings beat the national median of $43,549, and its $28,673 net price is above the national median of $16,902.