Is Lake Forest College worth it?
Lake Forest College is a private nonprofit, four-year institution in Lake Forest, Illinois (large suburb). It awarded 432 degrees in 2024, most often in business, research and experimental psychology and biology sciences.
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Federal data
Federal context for Lake Forest College
Published by the federal government for federally aided students. It does not say which employers hire graduates.
Median earnings 1 year after
$38,437
Median earnings 4 years after
$62,893
Median earnings 10 years after
$61,825
Average net price
$28,673
Completion rate
78%
Completions (2024)
432
Years to pay back
1.8 years
Students (undergrad)
1,813
Median earnings after completing, by program
| Program | Credential | Median earnings, 1yr | Median earnings, 4yr | Graduates counted |
|---|---|---|---|---|
| Business/Commerce, General | Bachelor's | $44,283 | $74,632 | 52 |
| Communication and Media Studies | Bachelor's | $42,835 | $64,580 | 41 |
| English Language and Literature, General | Bachelor's | $32,982 | $58,901 | 30 |
| Finance and Financial Management Services | Bachelor's | $61,264 | $98,583 | 30 |
| Social Sciences, Other | Bachelor's | $39,054 | $53,438 | 27 |
| Romance Languages, Literatures, and Linguistics | Bachelor's | $35,622 | $52,598 | 25 |
| Economics | Bachelor's | $53,529 | N/A | 21 |
| Political Science and Government | Bachelor's | $34,317 | $61,770 | 21 |
| Biology, General | Bachelor's | $33,380 | $48,287 | 19 |
| Natural Resources Conservation and Research | Bachelor's | $26,998 | N/A | 18 |
| Computer Science | Bachelor's | $48,587 | $77,554 | 17 |
| Area Studies | Bachelor's | N/A | N/A | N/A |
| Ethnic, Cultural Minority, Gender, and Group Studies | Bachelor's | N/A | N/A | N/A |
| Computer and Information Sciences, General | Bachelor's | N/A | N/A | N/A |
| Education, General | Bachelor's | N/A | N/A | N/A |
Source: College Scorecard, June 2026 release, and IPEDS. Earnings cover federally aided students only, so they do not cover every graduate.
Awards conferred, by program
| Program | Award level | Awards |
|---|---|---|
| Business/Commerce, General | Bachelor's | 59 |
| Research and Experimental Psychology, Other | Bachelor's | 37 |
| Biology/Biological Sciences, General | Bachelor's | 30 |
| Speech Communication and Rhetoric | Bachelor's | 28 |
| Neuroscience | Bachelor's | 26 |
| Political Science and Government, General | Bachelor's | 23 |
| Sociology and Anthropology | Bachelor's | 20 |
| English Language and Literature, General | Bachelor's | 19 |
| Econometrics and Quantitative Economics | Bachelor's | 19 |
| Finance, General | Bachelor's | 18 |
Similar schools
Other private nonprofit four year schools in Illinois
Same state, same sector, nearest by completions.
Millikin University
Decatur, IL
55%
completion rate
428
completions
Graduate data being added
See the pageThe Chicago School at Chicago
Chicago, IL
439
completions
Graduate data being added
See the pageAugustana College
Rock Island, IL
73%
completion rate
477
completions
Graduate data being added
See the pageFor school staff
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Sources: federal figures for Lake Forest College. Federal figures from College Scorecard and IPEDS. Occupation pay from Bureau of Labor Statistics OEWS for Illinois. Counts under 10 are not published.
Updated September 18, 2026 · Methodology · Report a problem with this page