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Southern Illinois University-Carbondale vs Lake Forest College: which has better ROI?

Public, Carbondale IL · vs · Private nonprofit, Lake Forest IL

The verdict

Lake Forest College has the better ROI: it clears its 4-year net cost of $114,692 in 8.5 years versus 10.6 years at Southern Illinois University-Carbondale, on median earnings of $61,825 vs $53,390 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureSouthern Illinois University-CarbondaleLake Forest College
Net price / yr$13,297$28,673
Total net cost$53,188$114,692
Median earnings, 10 yrs$53,390$61,825
Median debt$21,543$26,158
Payback10.6 yrs8.5 yrs
20-year net return$47,412$154,608

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

Which is cheaper, Southern Illinois University-Carbondale or Lake Forest College?

Southern Illinois University-Carbondale, at $13,297 a year after aid versus $28,673 — a gap of $15,376 a year, or $61,504 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Southern Illinois University-Carbondale or Lake Forest College graduates earn more?

Lake Forest College graduates report a median $61,825 ten years after entry, $8,435 more than the $53,390 at Southern Illinois University-Carbondale. 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, Southern Illinois University-Carbondale or Lake Forest College?

Southern Illinois University-Carbondale: its completers carry a median $21,543 in federal loans versus $26,158 at Lake Forest College, a difference of $4,615. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

78% of students finish at Lake Forest College, against 62% at Southern Illinois University-Carbondale. 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.

Southern Illinois University-Carbondale vs Lake Forest College: frequently asked questions

Is Southern Illinois University-Carbondale or Lake Forest College a better value?
Lake Forest College. It clears its $114,692 net cost in about 8.5 years versus 10.6 years at Southern Illinois University-Carbondale, on median earnings of $61,825 vs $53,390 ten years out.
Which is cheaper, Southern Illinois University-Carbondale or Lake Forest College?
Southern Illinois University-Carbondale: $13,297/yr net price after aid versus $28,673/yr at Lake Forest College — a difference of $15,376 a year, or about $61,504 over four years.
Do Southern Illinois University-Carbondale or Lake Forest College graduates earn more?
Lake Forest College graduates earn a median $61,825 ten years after entry, versus $53,390 at Southern Illinois University-Carbondale — a $8,435 gap. This blends every major, so a specific field can flip it.