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Lake Region State College — ROI, Cost & Payback

Public · Devils Lake, ND · 611 students

The verdict

Lake Region State College charges a net price of $13,577/yr after aid — a 2-year total of $27,154. Graduates earn a median $49,502 ten years after entry, $1,142/yr above the $48,360 high-school baseline, clearing the total in 23.8 years — a 20-year net return of -$4,314, a weak return — the cost is hard to justify on earnings alone. (Scorecard, 2026 · our math.)

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Lake Region State College's 23.8-year payback ranks #1,097 of 1,280 US colleges we track — better ROI than 14% of them, and #9 of 17 in North Dakota.

Better ROI than 14% of US colleges#1,097 of 1,280
Weakest ROIStrongest ROI
$13,577
Net price / yr
Scorecard, 2026
$49,502
Median earnings, 10 yrs
Scorecard, 2026
23.8 yrs
Payback
Our math, 2026
Admission rate
Scorecard, 2026
Lake Region State College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$13,577/yrScorecard, 2026
Total net cost (2 yrs)$27,154our math
Median earnings, 10 yrs after entry$49,502Scorecard, 2026
Earnings premium over HS baseline$1,142/yrour math
Median debt (completers)$10,293Scorecard, 2026
Payback23.8 yrsour math
20-year net return-$4,314our math

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

The arithmetic, on Lake Region State College's own numbers. Net price $13,577 × 2 years = $27,154 total. Median earnings $49,502 − the $48,360 high-school baseline = $1,142 a year of premium. $27,154 ÷ $1,142 = 23.8 years to break even; twenty years of that premium minus the cost leaves -$4,314. 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 Region State College students graduate with?

A median $10,293 in federal loans among completers, or 21% of the $49,502 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Lake Region State College students graduate?

52% finish their degree — 48% leave carrying the cost without the credential. Spread the $27,154 bill across that completion rate and the cohort pays $52,219 per graduate produced — our math, and the figure a payback number never shows.

Is Lake Region State College expensive compared with other North Dakota colleges?

Its $13,577 net price runs $2,121 above the $11,456 median across the 17 North Dakota colleges we profile, or $4,242 more across the full degree.

Lake Region State College: frequently asked questions

Is Lake Region State College worth the cost?
On the numbers, yes. Lake Region State College charges $13,577/yr after aid ($27,154 over 2 years), and graduates earn a median $49,502 ten years out — $1,142/yr above the $48,360 high-school baseline. That clears the cost in 23.8 years and returns -$4,314 net over 20 years, a weak return — the cost is hard to justify on earnings alone.
How long does a Lake Region State College degree take to pay off?
About 23.8 years. We divide the $27,154 four-year net cost by the $1,142/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 Region State College cost after financial aid?
The median net price is $13,577/yr — about $27,154 over 2 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Lake Region State College compare to other North Dakota colleges?
It ranks #9 of 17 North Dakota colleges we track by payback. Its $49,502 median earnings beat the national median of $43,549, and its $13,577 net price is below the national median of $16,902.