Degree Dividend
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Lake Land College vs Carl Sandburg College: which has better ROI?

Public, Mattoon IL · vs · Public, Galesburg IL

The verdict

Neither clears its cost on institution-wide earnings, but Lake Land College comes closer — median earnings $38,877 against a $9,016 total, vs $35,274 at Carl Sandburg College. (Scorecard, 2026 · our math.)

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Head to head
MeasureLake Land CollegeCarl Sandburg College
Net price / yr$2,254$3,662
Total net cost$9,016$7,324
Median earnings, 10 yrs$38,877$35,274
Median debt$6,188$4,909
Payback
20-year net return-$198,676-$269,044

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

Which is cheaper, Lake Land College or Carl Sandburg College?

Lake Land College, at $2,254 a year after aid versus $3,662 — a gap of $1,408 a year, or $1,692 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Lake Land College or Carl Sandburg College graduates earn more?

Lake Land College graduates report a median $38,877 ten years after entry, $3,603 more than the $35,274 at Carl Sandburg College. 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, Lake Land College or Carl Sandburg College?

Carl Sandburg College: its completers carry a median $4,909 in federal loans versus $6,188 at Lake Land College, a difference of $1,279. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

58% of students finish at Lake Land College, against 50% at Carl Sandburg College. 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.

Lake Land College vs Carl Sandburg College: frequently asked questions

Is Lake Land College or Carl Sandburg College a better value?
Lake Land 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, Lake Land College or Carl Sandburg College?
Lake Land College: $2,254/yr net price after aid versus $3,662/yr at Carl Sandburg College — a difference of $1,408 a year, or about $1,692 over four years.
Do Lake Land College or Carl Sandburg College graduates earn more?
Lake Land College graduates earn a median $38,877 ten years after entry, versus $35,274 at Carl Sandburg College — a $3,603 gap. This blends every major, so a specific field can flip it.