Degree Dividend
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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.)

Share
$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.

How we compute this. Payback = total net cost ÷ annual earnings premium, where the premium is median earnings 10 years after entry minus the $48,360 baseline (BLS 2024 median for a high-school-diploma worker 25+). Total net cost = net price × 4 years. We do not discount future dollars. The institution-wide earnings figure blends every major — a specific program's payback can be far better or worse. Full method on the methodology page.