Home / Worth-It Scores / Ohio / Lake Erie
Is Lake Erie College worth it?
A first pass affordability and outcome read for Lake Erie, using national average inputs. Run your own numbers for a personalized score.
Worth-It Score
Heavy lift
Lake Erie lands in the heavy lift band for a typical family. The combination of $20,961 in yearly net price and $26,000 in median debt asks a lot relative to median earnings of $50,417. For context, Lake Erie's net price is about 2% below the typical 4-year, private nonprofit school. This does not make the school wrong for every student, but it does mean the price deserves a closer test.
Is the price fair?
Compared to 1237 similar 4-year, private nonprofit schools
This school
$22,322
/yrAverage school like this
$22,837
/yrThis helps your Worth-It Score
You'd pay about $515 less per year than the typical student at a similar school. Over 4 years that's roughly $2,000 in savings.
Score breakdown
The public version of the score weighs affordability, after graduation outcomes, and repayment burden.
Affordability
40% weight
The yearly net price is manageable, but it makes the aid offer matter a lot.
Outcome
40% weight
The outcome data does not create enough margin to fully offset the cost.
Repayment
20% weight
Median debt stays in a more comfortable repayment range for a typical graduate.
The numbers behind the score
Median net price per year
$20,961
Median earnings 10 years out
$50,417
Median debt at graduation
$26,000
Graduation rate
40%
At Lake Erie, a typical graduate carries about $26,000 in student debt and earns roughly $50,417 ten years after enrolling. On a standard 10-year repayment plan, that works out to about $296 per month, or 7% of pre-tax income. That sits inside a borrower comfort range for many graduates.
What this means for your family
Lake Erie is a private nonprofit four year school in Painesville, OH. Private pricing can swing more dramatically based on aid, so your personalized score matters more here than the national average view alone.
Similar schools worth comparing
These schools share a similar sector, geography, or price range.
Private nonprofit 4-year
Malone
Canton, OH
Worth-It Score: 49/100
Median net price: $20,948
Private nonprofit 4-year
Ohio Wesleyan
Delaware, OH
Worth-It Score: 60/100
Median net price: $20,897
Private nonprofit 4-year
Hiram
Hiram, OH
Worth-It Score: 57/100
Median net price: $21,058
Private nonprofit 4-year
Marietta
Marietta, OH
Worth-It Score: 61/100
Median net price: $21,083
Private nonprofit 4-year
Ohio Christian
Circleville, OH
Worth-It Score: 35/100
Median net price: $20,607
Common questions about Lake Erie
The median net price at Lake Erie is $20,961 per year. That is the average yearly price after typical grant aid for students in the public federal data, not the published sticker price.
Get your personalized Worth-It score
National averages are a starting point. Plug in your actual aid offer, intended major, and family situation to get a score that reflects your specific picture.
Looking at private colleges options in Ohio? See the most affordable private colleges in Ohio →
The Worth-It Score weighs affordability (40%), after graduation outcomes (40%), and repayment burden (20%). Underlying data points come from publicly available federal higher education reporting. See full methodology →