Degree Dividend
Sourced from federal dataEvery figure datedNo rankings for sale

College of Lake County vs Blackburn College: which has better ROI?

Public, Grayslake IL · vs · Private nonprofit, Carlinville IL

The verdict

Neither clears its cost on institution-wide earnings, but Blackburn College comes closer — median earnings $46,802 against a $73,840 total, vs $43,424 at College of Lake County. (Scorecard, 2026 · our math.)

Share
Head to head
MeasureCollege of Lake CountyBlackburn College
Net price / yr$7,607$18,460
Total net cost$30,428$73,840
Median earnings, 10 yrs$43,424$46,802
Median debt$8,735$24,242
Payback
20-year net return-$129,148-$105,000

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, College of Lake County or Blackburn College?

College of Lake County, at $7,607 a year after aid versus $18,460 — a gap of $10,853 a year, or $43,412 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do College of Lake County or Blackburn College graduates earn more?

Blackburn College graduates report a median $46,802 ten years after entry, $3,378 more than the $43,424 at College of Lake County. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, College of Lake County or Blackburn College?

College of Lake County: its completers carry a median $8,735 in federal loans versus $24,242 at Blackburn College, a difference of $15,507. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

57% of students finish at Blackburn College, against 37% at College of Lake County. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

College of Lake County vs Blackburn College: frequently asked questions

Is College of Lake County or Blackburn College a better value?
Blackburn College comes closer, but neither clears its cost on institution-wide earnings — the field you study decides it here more than the school.
Which is cheaper, College of Lake County or Blackburn College?
College of Lake County: $7,607/yr net price after aid versus $18,460/yr at Blackburn College — a difference of $10,853 a year, or about $43,412 over four years.
Do College of Lake County or Blackburn College graduates earn more?
Blackburn College graduates earn a median $46,802 ten years after entry, versus $43,424 at College of Lake County — a $3,378 gap. This blends every major, so a specific field can flip it.