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59.7%Acceptance
$54,202Tuition
1,782Students
70%Grad Rate (6-yr)
$61,825Earnings
Private nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IIIStudy AbroadData: 2023-24

Student Outcomes

Graduation Rate (4-year)
74.1%
Graduation Rate (6-year)
70.4%
Retention Rate
86.3%
Median Earnings (10 years after entry)
$61,825
Median Debt at Graduation
$26,158
Student-to-Faculty Ratio
12:1
Loan Repayment Rate
77.2%
Estimated Monthly Loan Payment
$277/mo

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program
Program Level Median Earnings Median Debt
Economics. Bachelor $46,087 $27,000
Finance and Financial Management Services. Bachelor $44,468 $27,000
Communication and Media Studies. Bachelor $41,007 $27,000
Business/Commerce, General. Bachelor $40,647 $27,000
Political Science and Government. Bachelor $30,409 $27,000
Biology, General. Bachelor $29,832 $27,000
Romance Languages, Literatures, and Linguistics. Bachelor $29,685 $27,000
Fine and Studio Arts. Bachelor $25,967
English Language and Literature, General. Bachelor $23,807 $25,707
Social Sciences, Other. Bachelor $22,087 $26,500

Outcomes Overview

Lake Forest graduates earn a median of $61,825 within ten years, putting them ahead of many liberal arts college peers. The typical monthly loan payment of $277 represents about 5.4% of median income, which falls within manageable territory. With a debt-to-earnings ratio of 0.42, graduates carry reasonable debt loads compared to the national average of 0.6 for private colleges. The school's strong alumni network, particularly in Chicago's finance and media industries, helps explain the solid employment rate of 92.9%. Notable alumni like David Schwimmer demonstrate the creative and entertainment pathways available. The combination of moderate debt, decent earnings, and strong job placement rates delivers an average return on investment for students willing to leverage the networking advantages.