Lake Land College

www.lakelandcollege.edu

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2022 Undergraduate Tuition

$3,000

9.5% growth from 2021

2022 Average Net Price

$4,839

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

3,742

49.8% Full-Time

2022 Graduation Rate

46.9%

376 Graduates

About

Lake Land College is a higher education institution located in Coles County, IL. In 2022, the most popular Associates Degree concentrations at Lake Land College were Liberal Arts & Sciences (316 degrees awarded), Registered Nursing (83 degrees), and Biological & Physical Sciences (71 degrees).

In 2022, 2,244 degrees were awarded across all undergraduate and graduate programs at Lake Land College. 41.8% of these degrees were awarded to women, and 58.2% awarded men. The most common race/ethnicity group of degree recipients was white (1,621 degrees), 5.42 times more than then the next closest race/ethnicity group, black or african american (299 degrees).

The median undergraduate tuition at Lake Land College is $3,000, which is $−5,112 less than the national average for Associates Colleges ($8,112).

In 2020 the default rate for borrower's at Lake Land College was 0%, corresponding to 0 out of the 337 total borrowers.

Associates Colleges: High Career & Technical-High Nontraditional Associates Colleges

Costs

In 2022, the median undergraduate tuition at Lake Land College is $3,000, which is $5,112 less than the national average for Associates Colleges ($8,112).

After taking grants and loans into account, the average net price for students is $4,839.

In 2022, 56% of undergraduate students attending Lake Land College received financial aid through grants. Comparatively, 6% of undergraduate students received financial aid through loans.

Tuition Costs

$3,000

2022 Undergraduate Tuition

In 2022, the cost of tuition at Lake Land College was $3,000. The cost of tuition at Lake Land College is $−5,112 less than than the overall (public and private) national average for Associates Colleges ($8,112).

This chart compares the tuition costs of Lake Land College (in red) with those of other similar universities.

Average Net Price

$4,839

2022 Value

7.28%

1 Year Growth

In 2022 Lake Land College had an average net price — the price paid after factoring in grants and loans — of $4,839. Between 2021 and 2022, the average net price of Lake Land College grew by 7.28%.

This chart compares the average net price of Lake Land College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$4,000

Room and Board

$360

Books and Supplies

The average yearly cost of room and board at Lake Land College was of $4,000 in 2022. The cost of room and board did not change between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $360. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Lake Land College (in red) with that of similar universities.

Financial Aid by Income Level

56%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

56% of undergraduate students at Lake Land College received financial aid through grants or loans in 2022. This represents a growth of 27.3% with respect to 2021, when 44% of undergraduate students received financial aid.

This chart compares the average award discount at Lake Land College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Lake Land College was 0%, which represents 0 out of the 337 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

Lake Land College had a total enrollment of 3,742 students in 2022. The full-time enrollment at Lake Land College is 1,865 students and the part-time enrollment is 1,877. This means that 49.8% of students enrolled at Lake Land College are enrolled full-time.

The enrolled student population at Lake Land College, both undergraduate and graduate, is 88.9% White, 3.37% Hispanic or Latino, 2.73% Two or More Races, 2.62% Black or African American, 0.481% Asian, 0.187% American Indian or Alaska Native, and 0.0534% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lake Land College in full-time Undergraduate programs are most commonly White Female (51.3%), followed by White Male (36.9%) and Hispanic or Latino Female (2.14%).

Full-Time vs Part-Time Enrollment

49.8%

Full-Time Enrollment

The total enrollment at Lake Land College in 2022, both undergraduate and graduate, is 3,742 students. The full-time enrollment at Lake Land College is 1,865 and the part-time enrollment is 1,877. This means that 49.8% of students enrolled at Lake Land College are enrolled full-time compared with 32.2% at similar Associates Colleges.

This chart shows the full-time vs part-time enrollment status at Lake Land College (in red) compares to similar universities.

Retention Rate over Time

73%

2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Lake Land College was 73%. Compared with the full-time retention rate at similar Associates Colleges (62%), Lake Land College had a retention rate higher than its peers.

This chart shows the retention rate over time at Lake Land College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
3,328 enrolled students
Hispanic or Latino
126 enrolled students
Two or More Races
102 enrolled students

The enrolled student population at Lake Land College is 88.9% White, 3.37% Hispanic or Latino, 2.73% Two or More Races, 2.62% Black or African American, 0.481% Asian, 0.187% American Indian or Alaska Native, and 0.0534% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 42.9% White, 27.9% Hispanic or Latino, and 12.5% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 41 students (1.1%) did not report their race.

Graduates

In 2022, 366 fewer women than men received degrees from Lake Land College. The most common race/ethnicity group of degree recipients at Lake Land College is white (1,621 degrees awarded). There were 5.42 times more white recipients than the next closest race/ethnicity group, black or african american (299 degrees).

The most common Associates Degree concentration at Lake Land College is Liberal Arts & Sciences (316 degrees awarded), followed by Registered Nursing (83 degrees) and Biological & Physical Sciences (71 degrees).

In 2022, the most specialized majors across all degree types at Lake Land College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Construction (217 degrees awarded), Human Sciences (119 degrees), and Communication Technologies (23 degrees).

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lake Land College are Other managers (49,622 people), Construction managers (43,832 people), Elementary & middle school teachers (39,426 people), Software developers (34,654 people), and Preschool & kindergarten teachers (18,640 people).

The most specialized majors at Lake Land College in 2022 are Construction (217 degrees awarded), Human Sciences (119 degrees), Communication Technologies (23 degrees), Mechanical Technologies (126 degrees), and Engineering Technologies (90 degrees) (as of 2022).

Highest Paying Jobs by Major

Cardiovascular technologists and technicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lake Land College are Cardiovascular technologists and technicians, Physicians, Chief executives & legislators, Securities, commodities, & financial services sales agents, and Physician assistants

The most specialized majors at Lake Land College are Construction (217 degrees awarded), Human Sciences (119 degrees), Communication Technologies (23 degrees), Mechanical Technologies (126 degrees), and Engineering Technologies (90 degrees) (as of 2022).

Common Industries by Major

Construction

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lake Land College are Construction (103,029 people), Elementary & secondary schools (88,971 people), Computer Systems Design (51,888 people), Colleges, universities & professional schools, including junior colleges (30,660 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (28,321 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Lake Land College.

Most Common (2022)

Liberal Arts & Sciences
316 degrees awarded
Registered Nursing
83 degrees awarded
Biological & Physical Sciences
71 degrees awarded

In 2022, the most common associates degree concentration at Lake Land College was Liberal Arts & Sciences with 316 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Lake Land College according to their major.

Sex Breakdown for Common Majors

1,305

Degrees Awarded to Men

in 2022

939

Degrees Awarded to Women

in 2022

In 2022, 1,305 degrees were awarded to men at Lake Land College, which is 1.39 times more than the number of degrees awarded to females (939).

This chart displays the sex disparity between the top 5 majors at Lake Land College by degrees awarded.

Most Common Male Majors

In 2022, 233 degrees were awarded to men at Lake Land College in Liberal Arts & Sciences, which is 0.742 times less than the 314 female recipients with that same degree.

Most Common Female Majors

In 2022, 314 degrees were awarded to men at Lake Land College in Liberal Arts & Sciences, which is 1.35 times more than the 233 male recipients with that same degree.

Time to Complete

33%

100% Completion Time

49%

150% Completion Time

In 2022, 33% of students graduating from Lake Land College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 49% completed their degrees within 150% of the normal time, and 51% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Lake Land College is Male and Asian (100% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
1,621 degrees awarded
Black or African American
299 degrees awarded
Hispanic or Latino
163 degrees awarded

The most common race/ethnicity at Lake Land College is white (1,621 degrees awarded). There were 5.42 times more white recipients than the next closest race/ethnicity group, black or african american (299 degrees).

3.16% of degree recipients (71 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
829 degrees awarded
White Male
792 degrees awarded
Black or African American Male
285 degrees awarded

The most common race/ethnicity and sex grouping at Lake Land College is white female (829 degrees awarded). There were 1.05 times more white female recipients than the next closest race/ethnicity group, white male (792 degrees).

Operations

Lake Land College has an endowment valued at nearly $7, as of the end of the 2022 fiscal year. The return on its endowment was of −3.11M (−44.5M%) compared to the 0.843% average return (43.9k on 5.21M) across all Associates Colleges.

In 2022, Lake Land College had a total salary expenditure of 76.9M. Lake Land College employs 97 No academic ranks. Most academics at Lake Land College are Female No academic rank (53), and Male No academic rank (44).

The most common positions for non-instructional staff at Lake Land College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 33 employees, Service, with 33 employees, and Office and Administrative Support with 32 employees.

Endowment

2022 Endowment

16.7%

growth from 2021

Lake Land College has an endowment valued at about $7, as of the end of the 2022 fiscal year. The endowment of Lake Land College grew 16.7% from the previous year. The value of their endowment was $5.21M lower than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lake Land College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: High Career & Technical-High Nontraditional Carnegie Classification grouping.

Salary Expenditure

$21.9M

2022 Salaries

10.8%

decline from 2021

In 2022, Lake Land College paid a median of $21.9M in salaries, which represents 28.4% of their overall expenditure ($76.9M) and a 10.8% decline from the previous year. This is compared to a 17.4% decline between 2020 and 2021, and a 8.73% growth between 2019 and 2020.

The median for similar Associates Colleges is 16.8M (40.1% of overall expenditures).

Instructional Salaries

$6.1M

Instructional Salaries

Number of Employees

In 2022, Lake Land College paid a total of $6.1M to 97 employees working as instructors, which represents 27.9% of all salaries paid.

This is compared to a median of $5.35M (31.8%) for similar Associates Colleges.

Occupations by Share

No academic rank

Most Common Instructor

97 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

33 Employees

In 2022, the most common positions for instructional staff at Lake Land College was No academic rank with 97 employees.

In 2022, the most common positions for non-instructional staff at Lake Land College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 33 employees, Service with 33 employees, and Office and Administrative Support with 32 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female No academic rank
Male No academic rank

In 2022, the most common demographic for instructional staff at Lake Land College was Female No academic rank with 53 employees, and Male No academic rank with 44 employees.

This chart shows the sex split between each academic rank present at Lake Land College.

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