Lake Land College

www.lakelandcollege.edu/

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2021 Undergraduate Tuition

$3,315

2021 Average Net Price

$5,219

After Financial Aid

2019 Student Loan

5.11%

Default Rate

2021 Enrolled Students

3,644

47.3% Full-Time

2021 Graduation Rate

49.2%

372 Graduates

About

Lake Land College is a higher education institution located in Coles County, IL. In 2021, the most popular Associates Degree concentrations at Lake Land College were Liberal Arts & Sciences (289 degrees awarded), Registered Nursing (93 degrees), and Biological & Physical Sciences (60 degrees).

In 2021, 1,529 degrees were awarded across all undergraduate and graduate programs at Lake Land College. 55.5% of these degrees were awarded to women, and 44.5% awarded men. The most common race/ethnicity group of degree recipients was white (1,301 degrees), 11.8 times more than then the next closest race/ethnicity group, black or african american (110 degrees).

The median undergraduate tuition at Lake Land College is $3,315, which is $−4,653 less than the national average for Associates Colleges ($7,968).

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

Costs

In 2021, the median undergraduate tuition at Lake Land College is $3,315, which is $−4,653 less than the national average for Associates Colleges ($7,968).

After taking grants and loans into account, the average net price for students is $5,219.

In 2021, 44% of undergraduate students attending Lake Land College received financial aid through grants. Comparatively, 7% of undergraduate students received financial aid through loans.

Tuition Costs

$3,315

2021 Undergraduate Tuition

In 2021, the cost of tuition at Lake Land College was $3,315. The cost of tuition at Lake Land College is $−4,653 less than than the overall (public and private) national average for Associates Colleges ($7,968).

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

Average Net Price

$5,219

2021 Value

10.6%

1 Year Growth

In 2021 Lake Land College had an average net price — the price paid after factoring in grants and loans — of $5,219. Between 2020 and 2021, the average net price of Lake Land College grew by 10.6%.

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 2021. The cost of room and board did not change between 2020 and 2021.

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

44%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

44% of undergraduate students at Lake Land College received financial aid through grants or loans in 2021. This represents a growth of 0% with respect to 2020, 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.

5.11%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Lake Land College was 5.11%, which represents 17 out of the 333 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 3,644 students in 2021. The full-time enrollment at Lake Land College is 1,722 students and the part-time enrollment is 1,922. This means that 47.3% 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, 2.8% Hispanic or Latino, 2.61% Two or More Races, 2.44% Black or African American, 0.878% Asian, 0.274% American Indian or Alaska Native, and 0.0274% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lake Land College in full-time Undergraduate programs are most commonly White Female (52.3%), followed by White Male (37.6%) and Hispanic or Latino Female (1.74%).

Full-Time vs Part-Time Enrollment

47.3%

Full-Time Enrollment

The total enrollment at Lake Land College in 2021, both undergraduate and graduate, is 3,644 students. The full-time enrollment at Lake Land College is 1,722 and the part-time enrollment is 1,922. This means that 47.3% of students enrolled at Lake Land College are enrolled full-time compared with 32.5% 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

69%

2021 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 69%. Compared with the full-time retention rate at similar Associates Colleges (60%), 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 (2021)

White
3,239 enrolled students
Hispanic or Latino
102 enrolled students
Two or More Races
95 enrolled students

The enrolled student population at Lake Land College is 88.9% White, 2.8% Hispanic or Latino, 2.61% Two or More Races, 2.44% Black or African American, 0.878% Asian, 0.274% American Indian or Alaska Native, and 0.0274% 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 44.1% White, 26.8% 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, 61 students (1.67%) did not report their race.

Graduates

In 2021, 167 more women than men received degrees from Lake Land College. The most common race/ethnicity group of degree recipients at Lake Land College is white (1,301 degrees awarded). There were 11.8 times more white recipients than the next closest race/ethnicity group, black or african american (110 degrees).

The most common Associates Degree concentration at Lake Land College is Liberal Arts & Sciences (289 degrees awarded), followed by Registered Nursing (93 degrees) and Biological & Physical Sciences (60 degrees).

In 2021, 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 Agriculture (135 degrees awarded), Construction (55 degrees), and Liberal Arts & Humanities (547 degrees).

Common Jobs by Major

Elementary & middle school teachers

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 Elementary & middle school teachers (108,877 people), Other managers (92,807 people), Construction managers (45,698 people), Software developers (37,342 people), and Sales representatives, wholesale & manufacturing (35,273 people).

The most specialized majors at Lake Land College in 2021 are Agriculture (135 degrees awarded), Construction (55 degrees), Liberal Arts & Humanities (547 degrees), Human Sciences (47 degrees), and Engineering Technologies (54 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

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 Surgeons, Cardiovascular technologists and technicians, Broadcast announcers and radio disc jockeys, Nurse anesthetists, and Securities, commodities, & financial services sales agents

The most specialized majors at Lake Land College are Agriculture (135 degrees awarded), Construction (55 degrees), Liberal Arts & Humanities (547 degrees), Human Sciences (47 degrees), and Engineering Technologies (54 degrees) (as of 2021).

Common Industries by Major

Elementary & secondary schools

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 Elementary & secondary schools (212,517 people), Construction (124,248 people), Colleges, universities & professional schools, including junior colleges (84,511 people), Computer Systems Design (67,031 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (61,948 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 (2021)

Liberal Arts & Sciences
289 degree-majors awarded
Registered Nursing
93 degree-majors awarded
Biological & Physical Sciences
60 degree-majors awarded

In 2021, the most common associates degree concentration at Lake Land College was Liberal Arts & Sciences with 289 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

681

Degrees Awarded to Men

in 2021

848

Degrees Awarded to Women

in 2021

In 2021, 681 degrees were awarded to men at Lake Land College, which is 0.803 times less than the number of degrees awarded to females (848).

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

Most Common Male Majors

In 2021, 207 degrees were awarded to men at Lake Land College in Liberal Arts & Sciences, which is 0.609 times less than the 340 female recipients with that same degree.

Most Common Female Majors

In 2021, 340 degrees were awarded to men at Lake Land College in Liberal Arts & Sciences, which is 1.64 times more than the 207 male recipients with that same degree.

Time to Complete

32%

100% Completion Time

47%

150% Completion Time

In 2021, 32% of students graduating from Lake Land College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 47% completed their degrees within 150% of the normal time, and 49% 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 Female

Highest Graduation Rate (66.7%)

The student demographic with the highest graduation rate in 2021 at Lake Land College is Female and Asian (66.7% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (72.9%).

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 (2021)

White
1,301 degrees awarded
Black or African American
110 degrees awarded
Hispanic or Latino
55 degrees awarded

The most common race/ethnicity at Lake Land College is white (1,301 degrees awarded). There were 11.8 times more white recipients than the next closest race/ethnicity group, black or african american (110 degrees).

0.589% of degree recipients (9 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
769 degrees awarded
White Male
532 degrees awarded
Black or African American Male
88 degrees awarded

The most common race/ethnicity and sex grouping at Lake Land College is white female (769 degrees awarded). There were 1.45 times more white female recipients than the next closest race/ethnicity group, white male (532 degrees).

Operations

Lake Land College has an endowment valued at nearly $6, as of the end of the 2021 fiscal year. The return on its endowment was of 905k (15.1M%) compared to the 1.65% average return (87.6k on 5.29M) across all Associates Colleges.

In 2021, Lake Land College had a total salary expenditure of 79.9M. Lake Land College employs 100 No academic ranks. Most academics at Lake Land College are Female No academic rank (54), and Male No academic rank (46).

The most common positions for non-instructional staff at Lake Land College are: Service, with 30 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 29 employees, and Office and Administrative Support with 29 employees.

Endowment

2021 Endowment

20%

growth from 2020

Lake Land College has an endowment valued at about $6, as of the end of the 2021 fiscal year. The endowment of Lake Land College grew 20% from the previous year. The value of their endowment was $5.29M 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

$24.5M

2021 Salaries

17.4%

decline from 2020

In 2021, Lake Land College paid a median of $24.5M in salaries, which represents 30.7% of their overall expenditure ($79.9M) and a 17.4% decline from the previous year.

The median for similar Associates Colleges is 16.4M (41.6% of overall expenditures).

Instructional Salaries

$6.02M

Instructional Salaries

100

Number of Employees

In 2021, Lake Land College paid a total of $6.02M to 100 employees working as instructors, which represents 24.6% of all salaries paid.

This is compared to a median of $5.1M (31.2%) for similar Associates Colleges.

Occupations by Share

No academic rank

Most Common Instructor

100 Employees

Service

Most Common Non-Instructional Employee

30 Employees

In 2021, the most common positions for instructional staff at Lake Land College was No academic rank with 100 employees.

In 2021, the most common positions for non-instructional staff at Lake Land College were Service with 30 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 29 employees, and Office and Administrative Support with 29 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female No academic rank
Male No academic rank

In 2021, the most common demographic for instructional staff at Lake Land College was Female No academic rank with 54 employees, and Male No academic rank with 46 employees.

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