Lake Erie College
Painesville, Ohio
Lake Erie College is a private institution in Painesville, Ohio with 678 undergraduate students. For nursing students, the useful read is not just whether a program exists, but how its tuition, completion rates, debt, and earnings compare with nearby options.
In-state tuition is $36,032 compared with a Ohio nursing-school average of $21,382. The school reports a graduation rate of 41.9%, median earnings of $50,417, and median federal debt of $26,000.
$36,032 is higher than the state average of $21,382.
41.9% is lower than the state average of 58.9%.
$50,417 is higher than the state average of $43,749.
About Lake Erie College
| Location | Painesville, Ohio |
| Institution Type | Private Nonprofit |
| Highest Degree | graduate |
| Website | www.lec.edu |
| In-State Tuition | $36,032 |
| Out-of-State Tuition | $36,032 |
| Total Enrollment | 678 |
| Acceptance Rate | 64.1% |
| Graduation Rate | 41.9% |
| Retention Rate | 65.9% |
| Median Earnings (10 yrs after) | $50,417 |
| Median Debt at Graduation | $26,000 |
| Est. Monthly Loan Payment | $275 |
| Pell Grant Recipients | 29.0% |
| Students Receiving Loans | 57.6% |
| Loan Default Rate | 0.0% |
| Nursing Program | Available |
Cost and Return Snapshot
Based on published tuition, median debt, and earnings data
A typical graduate debt load would equal about 0.6 years of post-payment earnings capacity using the reported median earnings and 10-year monthly payment estimate.
Affordability Context
29.0% of students receive Pell Grants, a useful signal for how often the school serves lower-income students. 57.6% of students take federal loans, so borrowing is common in the student body. The three-year loan default rate is 0.0%, which helps frame repayment risk alongside earnings and debt.
Cost and Outcomes Context
The value picture at Lake Erie College depends on the relationship between price, borrowing, and outcomes. A simple four-year tuition estimate is $144,128, while the reported median debt is $26,000 with an estimated monthly payment of $275. These figures should be compared with aid offers and program-specific requirements before making a final decision.
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Student Demographics
The student body is largest among White students (55.2%), followed by Black students (14.0%) and Hispanic students (8.8%).
Value Score
Median earnings ($50,417) divided by median debt ($26,000)