Lake Land College
Mattoon, IL 61938 — Public
Value Score: 75/100 | ROI Score: 120 | Affordability Score: 90/100
Tuition (In-State): $4,415 | Out-of-State: $14,301
Graduation Rate: 55.9%
Median Earnings (10yr): $38,877 | Median Debt: $6,188
Student Body Size: 2,448 (medium)
Pell Grant Recipients: 26.1% | Federal Loan Rate: 4.7%
Average Faculty Salary: $6,125/month
Tuition & Affordability Analysis
In-state tuition at Lake Land College is $4,415 per year, which is 60% below the national average for public institutions.
Out-of-state students pay $14,301/year — a premium of $9,886 over in-state rates. Over four years, out-of-state students pay approximately $39,544 more than their in-state peers.
Estimated four-year tuition cost: $17,660 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Lake Land College:
- Families earning $0–$30,000: $979/year
- Families earning $30,001–$48,000: $232/year
- Families earning $48,001–$75,000: $4,181/year
- Families earning $75,001–$110,000: $5,828/year
- Families earning $110,000+: $8,381/year
Low-income families receive an average discount of $3,436/year, paying just 22% of the sticker price.
Graduate Outcomes & Return on Investment
55.9% of students at Lake Land College complete their degree, 10% below the national average. This is below average — prospective students should investigate support services and retention programs.
Graduates of Lake Land College earn a median salary of $38,877 ten years after enrollment, 5% below the national average. This represents a $3,877/year earnings premium over the average high school diploma holder, or $116,310 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $6,188, 71% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $67/month, with a total repayment of $8,040 (including $1,852 in interest).
Debt-to-Earnings Ratio: 0.16x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Lake Land College pays for itself in approximately 5 years. This is an excellent return on investment.
Financial Aid Profile
26.1% of students at Lake Land College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 21% below the national average. A lower Pell rate suggests the student body skews toward higher-income families. Merit aid may be more prevalent than need-based aid.
4.7% of students take federal loans, 90% below the national average. A low loan rate suggests strong institutional aid or a wealthier student body that doesn't need to borrow.
Average faculty salary: $6,125/month, 30% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Lake Land College enrolls 2,448 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.
Diversity Index: 24/100 (higher = more diverse). The student body is less diverse than average.
Student body composition: White 87%, Hispanic 4%, Black 3%, Asian 1%.
Lake Land College: Medium-Sized Public Institution with Good Value and Average Outcomes
- Lake Land College: Your Affordable Launchpad to a High-Demand Career
- Unlock Your Earning Potential: Lake Land College Delivers Strong ROI
- Mattoon's Hidden Gem: Experience Community and Career Growth at Lake Land College
Report Card: Overall Grade B
Lake Land College receives an overall grade of B based on six dimensions:
- Academics: C-
- Value: A-
- Outcomes: C
- Affordability: A+
College Analysis
Lake Land College is a Public institution in Mattoon, IL with approximately 2,448 students. Academics: Lake Land College has a graduation rate of 55.88%, slightly below the national average for public colleges. Value: The college offers a relatively affordable in-state tuition of $4,415, making it a good value for students in Illinois. Outcomes: Graduates earn a median salary of $38,877 after 10 years, which is below the national average for similar institutions.
The Verdict: Is Lake Land College Worth It?
Lake Land College presents a compelling case for value, especially for in-state students. With an in-state tuition of $4,415 and a median debt of $6,188, the financial burden is significantly lower than many four-year institutions. The median earnings of $38,877 after 10 years, while modest, represent a solid return on investment when contrasted with the low cost of attendance and minimal debt. The ROI Score of 120 further underscores its financial efficiency. For a student graduating with approximately $6,188 in debt, and earning around $38,877 annually, the debt can be paid off within roughly 1.5 to 2 years of consistent saving, assuming a reasonable portion of income is allocated to debt repayment. This is a remarkably short timeline compared to graduates from universities with much higher tuition and debt loads. Therefore, Lake Land College is a hidden gem for students seeking practical, career-oriented education without accumulating substantial debt. It offers a strong financial advantage, enabling graduates to start their careers on a stable footing. The recommendation is clear: for students in Illinois looking for an affordable pathway to skilled trades, healthcare, or business careers, Lake Land College is an excellent financial decision.
Return on Investment
While the degree is worth the cost due to low student debt and affordable tuition, the average earnings and graduation rates suggest that students should consider other options for higher earning potential and better job placement.
Debt Reality Check
Median student debt at Lake Land College: $6,188. Monthly payment on a standard 10-year plan: $70/month. Total repaid: $8,400 ($2,212 in interest).
Breakeven vs high school diploma: 0.7 years. Debt burden: Low. Salary needed for comfortable repayment: $8,400.
Strengths
- Affordable tuition and low student debt
- Good value for in-state students
Weaknesses
- Average graduation and earnings outcomes
- Limited diversity in student body
Academic Profile
Lake Land College excels in providing robust career and technical education programs, alongside strong transfer pathways to four-year universities. Its academic strengths are particularly evident in fields like Agriculture, Advanced Manufacturing, Health Sciences, and Business. For instance, the Agriculture program is highly regarded, leveraging the region's agricultural base with state-of-the-art facilities and industry connections. The Health Sciences division offers programs such as Nursing (ADN), Radiologic Technology, and Medical Assisting, preparing graduates for critical roles in healthcare. Advanced Manufacturing programs benefit from significant investment in technology, ensuring students are trained on current industry equipment.
Faculty quality at Lake Land is characterized by a blend of academic expertise and practical industry experience. Many instructors have worked in their respective fields, bringing real-world insights into the classroom. While specific faculty salary data isn't publicly detailed, the college emphasizes hiring qualified professionals. The student-faculty ratio is generally favorable, allowing for more personalized attention, a hallmark of effective community college instruction.
Research opportunities are more applied and project-based, often integrated into capstone courses or specific program requirements, rather than traditional academic research. Honors programs, like the Phi Theta Kappa society, provide enriched academic experiences for high-achieving students. Lake Land also facilitates transfer agreements with numerous four-year institutions, including Eastern Illinois University (located nearby), Illinois State University, and the University of Illinois, making academic advising and transfer support crucial. Academic support resources are comprehensive, including tutoring services, writing centers, and dedicated advisors to help students navigate their academic journey and achieve their goals, whether entering the workforce or pursuing further education.
Financial Aid Guide for Lake Land College
Pell Grant recipients: 26.1%. Students taking federal loans: 4.7%.
Navigating financial aid at Lake Land College is designed to be accessible, with a strong emphasis on helping students manage the costs of education. As a public community college, the primary goal is affordability, and a significant portion of the student body relies on some form of financial assistance. The first step for any student is completing the Free Application for Federal Student Aid (FAFSA). This form determines eligibility for federal grants, loans, and work-study programs.
For the 2023-2024 academic year, in-state tuition is approximately $4,415 per year, while out-of-state tuition is $14,301. These figures represent tuition and fees only; additional costs for books, supplies, housing, and living expenses must also be considered. Lake Land offers federal Pell Grants, which are need-based and do not need to be repaid, for students demonstrating significant financial need. The amount varies based on need and enrollment status, but can cover a substantial portion of tuition and living costs for eligible students. Federal Direct Loans are also available, offering lower interest rates and flexible repayment options, though these must be repaid.
Work-study programs provide part-time employment opportunities for students with financial need, allowing them to earn money to help pay for educational expenses. These jobs are often on-campus, offering convenience and relevant experience. Merit-based aid and scholarships are also available through Lake Land College and external organizations. The college's foundation often provides scholarships specifically for Lake Land students, and students are encouraged to actively seek these opportunities through the college's scholarship portal and by contacting the financial aid office. Typical aid packages for students from lower-income households often include a combination of Pell Grants, state grants (if applicable), and potentially federal loans. For students with higher incomes, aid might consist more of scholarships and loans. Negotiating financial aid is generally not a standard practice at community colleges like Lake Land, as aid packages are typically determined by federal and state guidelines and established scholarship criteria. However, students facing extenuating circumstances should always communicate with the financial aid office.
Hidden Costs at Lake Land College
- Textbooks and course materials can range from $800 to $1,200 per academic year, depending on the program and specific course requirements.
- Student fees, often not fully included in tuition, can add approximately $200-$400 per semester for activities, technology, and services.
- Transportation costs, including gas and vehicle maintenance for commuting students, can easily amount to $500-$1,000 annually.
- Parking permits, if required for on-campus parking, typically cost around $50-$100 per semester.
- Personal living expenses, such as food, toiletries, and entertainment, can add $2,000-$4,000 per year for students living off-campus.
- Supplies for specific programs, like lab coats, tools, or art supplies, can cost an additional $100-$500 per year.
- Health insurance, if students do not have coverage through parents or other means, can be an added expense, potentially costing several hundred dollars per semester.
Alumni Outcomes & Career Paths
Lake Land College, a public community college in Mattoon, Illinois, primarily serves as a launchpad for students entering the workforce or transferring to four-year institutions. While specific data on major employers actively recruiting on campus is limited for community colleges, graduates often find opportunities within regional industries. Key sectors that frequently hire Lake Land alumni include advanced manufacturing, healthcare, agriculture, and skilled trades. Companies like YRC Freight, Libby's, Premier Companies, and various healthcare systems such as Sarah Bush Lincoln Health Center and HSHS St. Anthony's Memorial Hospital are significant employers in the Mattoon area and surrounding regions, often seeking graduates with technical certifications and associate degrees.
Industries where alumni tend to cluster reflect the college's program offerings, with strong representation in areas like welding, automotive technology, nursing, agribusiness, and business administration. While a formal graduate school placement rate isn't typically tracked for community colleges, a substantial portion of Lake Land students utilize their associate degrees as a stepping stone to transfer to universities like Eastern Illinois University (located nearby), the University of Illinois, or Illinois State University to pursue bachelor's degrees. Career services at Lake Land College likely focus on resume building, interview skills, and connecting students with local and regional job openings. Internship pipelines are often facilitated through partnerships with local businesses and industries, providing hands-on experience in fields such as manufacturing, healthcare, and agricultural services. Geographic hiring patterns for Lake Land graduates are predominantly within a 50-100 mile radius of Mattoon, serving the central and eastern Illinois job market. Some graduates may relocate for specific opportunities, but the majority remain within the state, particularly in the downstate Illinois region.
Campus Life & Culture at Lake Land College
Lake Land College serves a predominantly local and regional student body, with many students coming directly from high schools in East Central Illinois. The student population is diverse in terms of age and life experience, including recent high school graduates, working adults seeking to upskill, and individuals pursuing new career paths. Students who thrive here are typically motivated, practical, and goal-oriented, seeking tangible skills and clear pathways to employment or further education.
Lake Land College, nestled in Mattoon, Illinois, offers a community-focused campus experience that’s deeply integrated with the surrounding region. As a public community college, the student body is largely comprised of local and regional students, creating a grounded and practical atmosphere. The 'vibe' here is one of accessibility and direct career preparation, with a strong emphasis on hands-on learning and preparing students for immediate entry into the workforce or transfer to a four-year institution.
While Lake Land doesn't have traditional on-campus housing, many students live in apartments in Mattoon or the surrounding smaller towns, fostering a commuter-student culture. This means social life often revolves around activities outside of a typical residential campus. Student organizations are a key way to connect, with groups like the Agribusiness Club, Phi Theta Kappa (the international honor society for two-year colleges), and various technical and career-focused clubs providing avenues for engagement. These clubs often host events, fundraisers, and community service projects, which are central to the student experience.
Greek life is not a significant feature at Lake Land College, aligning with its mission as a comprehensive community college. Athletics, however, play a role, with the Lakers competing in NJCAA Division I. Sports like basketball and volleyball are popular, drawing student and community support to games held at the Laker Fieldhouse. The campus itself is modern and well-maintained, featuring facilities designed for practical training, such as advanced manufacturing labs and agricultural facilities. The focus is less on a sprawling, traditional college town feel and more on a functional, supportive environment where students can achieve their educational and career goals efficiently. Events are often held in the Kluthe Center for Science, Math, and Technology or the college's auditorium, bringing students together for academic and social purposes.
Campus Highlights
- State-of-the-art Agricultural Education Center, reflecting the region's strong agricultural roots.
- Advanced Manufacturing Center equipped with cutting-edge technology for hands-on training.
- Strong partnerships with Eastern Illinois University for seamless transfer pathways.
- Active Phi Theta Kappa chapter, offering leadership and academic enrichment for high-achieving students.
- NJCAA Division I Lakers athletics program, fostering school spirit and community engagement.
- Focus on career-ready programs designed for direct workforce entry.
- Commitment to affordability and accessibility for students in East Central Illinois.
Location & Regional Advantages
Lake Land College's location in Mattoon, Illinois, offers a blend of rural charm and access to regional economic drivers. The local job market is characterized by a strong presence in manufacturing, agriculture, and healthcare, providing a solid foundation for graduates entering these fields. Mattoon itself boasts a relatively low cost of living compared to major metropolitan areas, making it an attractive place for individuals seeking affordability. This is particularly beneficial for students graduating with modest debt, as their earnings can stretch further.
While Mattoon is not directly adjacent to a major industrial hub, it benefits from its proximity to larger cities within a reasonable driving distance. Springfield, the state capital, is about a 1.5-hour drive away, offering more diverse employment opportunities in government and services. Champaign-Urbana, home to the University of Illinois, is also roughly an hour away and presents a more robust tech and research-oriented job market. This proximity allows Lake Land graduates to access a wider range of career paths without necessarily relocating far from home.
Quality of life in Mattoon is typical of a smaller Midwestern city, with a focus on community and a slower pace. Safety is generally good, aligning with the overall safety profile of many smaller Illinois towns. The weather is characteristic of the Midwest, with distinct seasons including cold winters and warm, humid summers. The geographic advantage of Lake Land College lies in its ability to provide affordable, career-focused education that directly feeds into the established industries of central Illinois, while offering a gateway to larger markets for those seeking to expand their horizons.
How to Get Into Lake Land College
Applying to Lake Land College is a straightforward process, reflecting its mission to provide accessible education. As a community college, Lake Land generally has an open-door admissions policy, meaning the focus is less on highly selective admission criteria and more on ensuring students meet basic requirements for enrollment. The primary goal is to get students into programs where they can succeed.
There are no Early Decision (ED) or Early Action (EA) options, as these are typically reserved for more selective institutions. The admissions office primarily values a student's intent to learn and their readiness for college-level coursework. While specific GPA or test score ranges aren't heavily emphasized for general admission, strong academic performance can be beneficial for placement into certain programs or for scholarship eligibility. Students are encouraged to submit high school transcripts to determine placement and any potential credit.
Essays are generally not a required part of the application for most programs. The application process typically involves completing an online application form, submitting transcripts, and potentially taking placement tests in areas like English and Math to ensure students are placed in appropriate courses. Demonstrated interest isn't a factor in admissions, given the open-door nature. The timeline is flexible; students can apply throughout the year, but it's highly recommended to apply well in advance of the semester start date (typically August for Fall and January for Spring) to allow ample time for financial aid processing, course registration, and orientation. Prospective students should visit the Lake Land College website or contact the admissions office for the most current application procedures and deadlines.
How Lake Land College Compares to Similar Schools
Similar schools: Lincoln Land Community College (Springfield, IL), John Wood Community College (Quincy, IL), Illinois Eastern Community College District (Olney, IL), Rend Lake College (Ina, IL)
Advantages
- Stronger regional partnerships in manufacturing and agriculture due to Mattoon's specific industrial base.
- Proximity to Eastern Illinois University facilitates seamless transfer pathways for students pursuing bachelor's degrees.
- Lower median debt compared to some other Illinois community colleges, enhancing immediate financial flexibility post-graduation.
Disadvantages
- Fewer specialized or niche program offerings compared to larger community college districts.
- Limited geographic reach for alumni employment compared to institutions in or near major metropolitan areas.
Best For
- Students looking for a more diverse student body may want to consider other institutions with higher percentages of minority students.
- Prospective students interested in higher earning potential may want to explore other colleges with better job placement rates and higher median salaries.
Avoid If
- Students seeking specialized programs or a larger campus may find Lake Land College less appealing compared to larger institutions.
- Those looking for a more urban environment or a wider range of extracurricular activities may want to consider other colleges in larger cities.
Frequently Asked Questions about Lake Land College
How much does it cost to attend Lake Land College?
In-state tuition at Lake Land College is $4,415 per year, and out-of-state tuition is $14,301 per year. The median student debt at graduation is $6,188.
What is the graduation rate at Lake Land College?
Lake Land College has a graduation rate of 55.9%.
How much do Lake Land College graduates earn?
The median earnings for Lake Land College graduates 10 years after enrollment is $38,877. With median debt of $6,188, graduates earn roughly 6.3x their debt level annually.
How big is Lake Land College?
Lake Land College has approximately 2,448 students and is classified as a medium institution. It is located in Mattoon, IL and is a Public institution.
Is Lake Land College worth the cost?
Lake Land College has an ROI score of 120 out of 100. With in-state tuition of $4,415 per year and median post-graduation earnings of $38,877, the data suggests a positive return on investment.
Where is Lake Land College located?
Lake Land College is located in Mattoon, IL. It is a Public institution with approximately 2,448 students.
How much student debt do Lake Land College graduates have?
The median student debt for Lake Land College graduates is $6,188. With median earnings of $38,877 ten years after enrollment, graduates can expect a debt-to-income ratio of 16%.
Is Lake Land College a good college?
Lake Land College has a graduation rate of 55.9% and median post-graduation earnings of $38,877. The majority of students (87%) are white, with small percentages of black, hispanic, and asian students.
How does Lake Land College compare to similar colleges?
The college has a high affordability score of 90, indicating it is relatively affordable compared to other institutions. Compared to peer institutions, Lake Land College offers a good value with affordable tuition and low student debt, but its graduation and earnings outcomes are average.
What career prospects do Lake Land College graduates have?
Graduates of Lake Land College are well-prepared for entry-level positions in various fields, particularly in the Midwest region.
What should prospective students know about Lake Land College?
Lake Land College is positioned well in the Illinois market, offering a balance of affordability and academic programs, but may struggle to attract students from outside the state.
What makes Lake Land College stand out?
Median student debt upon graduation is $6,188, which is below the national average for public colleges.
What are the pros and cons of attending Lake Land College?
The college's location in Mattoon, IL, may limit its appeal to students seeking a more urban environment.
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- Lincoln Land Community College (Springfield, IL)
- John Wood Community College (Quincy, IL)
- Illinois Eastern Community College District (Olney, IL)
- Rend Lake College (Ina, IL)
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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.