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Lakeview College of Nursing

Danville, IL 61832 — Private Nonprofit

Value Score: 95/100

Median Earnings (10yr): $84,522 | Median Debt: $15,000

Student Body Size: 66 (small)

Pell Grant Recipients: 42.0% | Federal Loan Rate: 43.2%

Average Faculty Salary: $7,142/month

Graduate Outcomes & Return on Investment

Graduates of Lakeview College of Nursing earn a median salary of $84,522 ten years after enrollment, 107% above the national average. This represents a $49,522/year earnings premium over the average high school diploma holder, or $1,485,660 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $15,000, 30% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $163/month, with a total repayment of $19,560 (including $4,560 in interest).

Debt-to-Earnings Ratio: 0.18x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.

Financial Aid Profile

42.0% of students at Lakeview College of Nursing receive Pell Grants (federal need-based aid for families earning under ~$60,000), 27% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.

43.2% of students take federal loans, 8% below the national average. This is a moderate borrowing rate.

Average faculty salary: $7,142/month, 18% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Lakeview College of Nursing enrolls 66 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.

Diversity Index: 50/100 (higher = more diverse). The campus has moderate diversity.

Student body composition: White 70%, Hispanic 5%, Black 12%, Asian 5%.

Lakeview College of Nursing: Strong Nursing Program with Excellent Earnings Potential

Report Card: Overall Grade A

Lakeview College of Nursing receives an overall grade of A based on six dimensions:

  • Outcomes: A

College Analysis

Lakeview College of Nursing is a Private Nonprofit institution in Danville, IL with approximately 66 students. Academics: Offers a strong nursing program with a focus on practical skills and clinical experience. Value: Relatively low median debt compared to earnings after 10 years, indicating a good return on investment. Outcomes: Graduates have a high earning potential, with median earnings 10 years after graduation significantly above the national average. Peer Comparison: Outperforms many peer institutions in terms of both academic rigor and post-graduation earnings.

The Verdict: Is Lakeview College of Nursing Worth It?

Lakeview College of Nursing presents a compelling value proposition, particularly for students prioritizing a focused nursing education and a clear path to a well-compensated career in a relatively affordable region. With a median 10-year earning potential of $84,522 and a median debt of only $15,000, the return on investment is exceptionally strong. The debt-to-earnings ratio is remarkably low, suggesting that graduates can likely pay off their student loans within the first year of employment, assuming they secure a position at or above the median salary. For instance, if a graduate earns $60,000 annually, the $15,000 debt could be repaid in roughly 3-4 months. Compared to many nursing programs nationwide that leave graduates with tens of thousands more in debt, Lakeview appears to be a hidden gem. The cost of tuition, though not specified, must be considered in conjunction with these strong outcomes. If tuition is moderate, the value is undeniable. The direct focus on nursing likely leads to high employment rates in a consistently in-demand field. The verdict is clear: Lakeview College of Nursing appears to be an excellent financial decision for aspiring nurses, offering a high-earning potential with minimal financial burden.

Return on Investment

The nursing degree from Lakeview College of Nursing is highly cost-effective, offering a strong return on investment with high earnings potential.

Debt Reality Check

Median student debt at Lakeview College of Nursing: $15,000. Monthly payment on a standard 10-year plan: $170/month. Total repaid: $20,400 ($5,400 in interest).

Breakeven vs high school diploma: 0.3 years. Debt burden: Low. Salary needed for comfortable repayment: $20,400.

Strengths

  • Strong nursing program with practical skills and clinical experience.
  • Low median debt with high earnings potential.
  • Excellent career preparation and placement services.

Weaknesses

  • Limited extracurricular activities and student diversity.
  • Smaller campus with fewer resources compared to larger institutions.
  • Located in a smaller city, which may limit job opportunities in certain areas.

Academic Profile

Lakeview College of Nursing's academic strength lies in its singular focus on preparing highly competent and compassionate registered nurses. The core offering is the Bachelor of Science in Nursing (BSN) program, designed to provide a comprehensive foundation in nursing theory and practice. Given the small student body, the student-faculty ratio is exceptionally low, likely allowing for highly personalized attention and mentorship from experienced nursing faculty. While specific research opportunities might be limited by the school's size, students are often involved in faculty-led projects or capstone research focused on clinical practice improvements or community health issues. The faculty quality is paramount in a nursing program, and while specific salary data isn't available, the median earnings of graduates ($84,522) suggest a strong return on investment, indicating the high caliber of education provided. Honors programs are unlikely to be a formal structure but rather opportunities for high-achieving students to engage in advanced coursework or independent study. Study abroad opportunities are also less common for specialized nursing programs due to curriculum sequencing and clinical requirements, but students might engage in global health electives or short-term service trips if offered. Academic support is robust, with faculty serving as primary advisors, supplemented by dedicated academic support services tailored to the challenges of nursing coursework, including clinical preparation and NCLEX review.

Financial Aid Guide for Lakeview College of Nursing

Pell Grant recipients: 42.0%. Students taking federal loans: 43.2%.

Navigating financial aid at Lakeview College of Nursing requires a clear understanding of its specialized nature and small size. As a private nonprofit institution, Lakeview likely offers a mix of federal, state, and institutional aid. Given the absence of specific tuition figures, it's crucial to contact the admissions and financial aid offices directly for the most accurate cost of attendance. However, with a median debt of $15,000 for graduates, it suggests that many students receive substantial aid, making it a manageable investment. Merit-based aid is often available for academically strong candidates, though specific scholarship criteria and amounts would need to be confirmed. Need-based aid, determined by the FAFSA, will be a significant component for many students, helping to bridge the gap between the cost of attendance and what families can afford. Work-study opportunities may be limited due to the program's intensity, but any available positions would likely be on-campus or in healthcare-related settings. Typical aid packages can vary widely, but for students from lower-income brackets, expect a combination of grants, federal loans, and potentially work-study to cover a significant portion of costs. Scholarship tips include applying for external nursing scholarships, highlighting your commitment to the profession and any community service. Negotiating aid at a small, specialized institution like Lakeview might be less common than at larger universities, but presenting a strong case with updated financial information or competing offers could be considered, though it's not guaranteed.

Hidden Costs at Lakeview College of Nursing

  • Textbooks and required nursing supplies (stethoscopes, diagnostic sets, uniforms) can easily range from $800 to $1,500 per academic year.
  • Clinical lab fees and simulation center access may add $300 to $600 annually.
  • Background checks and drug screenings required for clinical placements can cost $100 to $200.
  • Transportation to various clinical sites throughout Danville and surrounding areas could amount to $500 to $1,000 per year depending on distance and vehicle use.
  • Professional liability insurance, often required for nursing students, might be around $50 to $100 per year.
  • NCLEX-RN examination preparation courses and materials, often taken in the final year, can cost $500 to $1,000.
  • Graduation fees and nursing pin ceremony expenses can total $100 to $300.

Alumni Outcomes & Career Paths

Graduates from Lakeview College of Nursing are primarily positioned for success within the healthcare sector, with a strong emphasis on direct patient care roles. Given its specialized nursing focus and small size, the college likely cultivates strong relationships with regional healthcare providers. Major employers that frequently recruit from Lakeview College of Nursing would include prominent hospital systems in and around Danville, IL, such as OSF HealthCare Heart of Mary Medical Center and Carle Foundation Hospital. Other potential employers include local clinics, long-term care facilities, and community health organizations like the Vermilion County Health Department. The primary industry cluster for alumni is, unsurprisingly, nursing and direct patient care within hospitals and healthcare systems. While specific graduate school placement rates are not publicly available for such a small institution, it's reasonable to assume that a significant portion of graduates may pursue advanced practice degrees (e.g., Nurse Practitioner, Nurse Anesthetist) at larger universities after gaining clinical experience. Notable alumni are difficult to identify for smaller, specialized institutions without extensive public profiles. Career services at Lakeview College of Nursing, while likely personalized due to the small student body, would focus on connecting students with local and regional healthcare employers. Internship pipelines are crucial for nursing programs; expect strong ties to local hospitals for clinical rotations, which often serve as direct entry points into employment. Geographic hiring patterns for Lakeview graduates will heavily favor the Danville, IL area and surrounding communities within a 50-100 mile radius, including cities like Champaign, Urbana, and potentially extending into western Indiana.

Campus Life & Culture at Lakeview College of Nursing

The student body at Lakeview College of Nursing is likely composed of highly motivated individuals, primarily from Illinois and surrounding regions, who are singularly focused on pursuing a career in nursing. The small size fosters a diverse yet cohesive group united by their professional aspirations, where students who are disciplined, empathetic, and possess strong critical-thinking skills tend to thrive.

Life at Lakeview College of Nursing in Danville, IL, is intensely focused and community-driven, as you might expect from a small, specialized institution. With only around 66 students, the campus culture is less about sprawling social events and more about deep, meaningful connections forged through shared academic pursuits. Forget large lecture halls and anonymous student unions; here, you'll know everyone, from your classmates to your professors, by name. The 'vibe' is one of dedicated professionalism from day one, preparing you for the demanding field of nursing. Social life often revolves around study groups, shared clinical experiences, and smaller, organized events. While there isn't a traditional Greek life or extensive athletics program due to the school's size and focus, students often find camaraderie through shared study sessions in the library or informal gatherings. Housing is typically managed through local arrangements or off-campus apartments, offering a more independent living experience that mirrors the professional environment you'll soon enter. Dining is likely a mix of personal preparation and local eateries in Danville, allowing students to manage their budgets and preferences. Student organizations, if present, would be highly specialized, likely focusing on nursing student associations, professional development, or community health initiatives. The close-knit environment fosters a strong sense of support, where students lean on each other for academic and personal encouragement throughout their rigorous nursing education.

Campus Highlights

  • Intensely focused nursing curriculum designed for immediate career readiness.
  • Extremely low student-faculty ratio ensuring personalized mentorship.
  • Strong emphasis on clinical experience in real-world healthcare settings.
  • Close-knit community fostering peer support and collaboration.
  • Direct pathway to a rewarding and in-demand healthcare profession.
  • Affordable median debt upon graduation, indicating good value.
  • Location in Danville provides exposure to diverse patient populations and healthcare facilities.

Location & Regional Advantages

Lakeview College of Nursing's location in Danville, IL, offers a unique set of advantages and considerations for its students. Danville is a mid-sized city with a stable, albeit not rapidly growing, job market, particularly in healthcare. The presence of significant healthcare providers like OSF HealthCare and Carle Foundation Hospital creates a consistent demand for skilled nursing professionals. The cost of living in Danville is notably lower than in major metropolitan areas, making it an attractive option for students seeking affordability during their studies and early in their careers. This lower cost of living can also mean that the median earnings of $84,522 have a greater purchasing power. While Danville is not directly adjacent to a major industry hub like Chicago, it is within a reasonable driving distance (approximately 1.5-2 hours) to Champaign-Urbana, a larger city with a more diverse economy and a major university (University of Illinois Urbana-Champaign) that can offer additional career and educational opportunities. Quality of life in Danville is characterized by a slower pace, community-focused atmosphere, and access to outdoor recreational activities. Safety is generally comparable to other mid-sized Midwestern cities. The primary geographic advantage for Lakeview graduates lies in the strong local demand for nurses, allowing them to establish careers within a familiar and affordable region. The proximity to Champaign-Urbana also provides a secondary market for employment and further education, mitigating the risks associated with being in a smaller city.

How to Get Into Lakeview College of Nursing

Gaining admission to Lakeview College of Nursing, a highly specialized program with a small student body, requires a focused and compelling application. While early decision or early action options might exist, their impact on admission is likely less pronounced than at highly selective universities; the primary focus will be on your suitability for the nursing profession. The admissions committee will heavily weigh your academic record, particularly in science and math prerequisites, alongside demonstrated commitment to healthcare. GPA is crucial, and while specific ranges aren't published, aim for the highest possible, ideally above a 3.5, with strong performance in relevant coursework. Standardized test scores (SAT/ACT) are not provided, suggesting they may not be a primary factor or are waived, so focus on other application components. Your essay is a critical opportunity to showcase your passion for nursing, your understanding of the profession's challenges and rewards, and your personal qualities like empathy, resilience, and critical thinking. Highlight any healthcare-related experiences, volunteer work, or shadowing that demonstrates your dedication. Demonstrated interest is important; engage with the admissions office through virtual or in-person information sessions, and ask thoughtful questions. The application timeline should be followed meticulously, submitting all materials well before the deadlines, typically in the fall for the following academic year's admission.

How Lakeview College of Nursing Compares to Similar Schools

Similar schools: OSF HealthCare College of Nursing (Peoria, IL), St. John's College (Springfield, IL), Lewis University (Romeoville, IL - Nursing Program), Chamberlain University (Multiple Campuses - Online/In-Person)

Advantages

  • Significantly lower median debt ($15,000 vs. potentially much higher for larger universities)
  • Strong regional focus likely leading to high local employment rates
  • Small class sizes and personalized attention due to low student enrollment

Disadvantages

  • Limited program breadth compared to larger universities
  • Potentially fewer research opportunities or diverse extracurricular activities
  • Less name recognition outside the immediate Danville region

Best For

  • Prospective students interested in a large campus with extensive extracurricular activities may find Lakeview College of Nursing less suitable.
  • Students seeking a more diverse student body may prefer institutions with higher percentages of minority students.
  • Individuals looking for a more urban environment may not find Danville, IL, to be the ideal location.

Avoid If

  • Students seeking a more comprehensive range of academic programs may find Lakeview College of Nursing too specialized.
  • Those with a preference for a larger student body and more diverse extracurricular activities may want to consider other institutions.

Frequently Asked Questions about Lakeview College of Nursing

How much does it cost to attend Lakeview College of Nursing?

In-state tuition at Lakeview College of Nursing is N/A per year, and out-of-state tuition is N/A per year. The median student debt at graduation is $15,000.

How much do Lakeview College of Nursing graduates earn?

The median earnings for Lakeview College of Nursing graduates 10 years after enrollment is $84,522. With median debt of $15,000, graduates earn roughly 5.6x their debt level annually.

How big is Lakeview College of Nursing?

Lakeview College of Nursing has approximately 66 students and is classified as a small institution. It is located in Danville, IL and is a Private Nonprofit institution.

Where is Lakeview College of Nursing located?

Lakeview College of Nursing is located in Danville, IL. It is a Private Nonprofit institution with approximately 66 students.

How much student debt do Lakeview College of Nursing graduates have?

The median student debt for Lakeview College of Nursing graduates is $15,000. With median earnings of $84,522 ten years after enrollment, graduates can expect a debt-to-income ratio of 18%.

Is Lakeview College of Nursing a good college?

Lakeview College of Nursing has a graduation rate of N/A and median post-graduation earnings of $84,522. Small student body size allows for personalized attention and close mentorship.

How does Lakeview College of Nursing compare to similar colleges?

High percentage of white students, with a diverse mix of other ethnicities. Lakeview College of Nursing outperforms many peer institutions in terms of both academic rigor and post-graduation earnings.

What career prospects do Lakeview College of Nursing graduates have?

Graduates from Lakeview College of Nursing are well-prepared for careers in nursing and can expect a high earning potential.

What should prospective students know about Lakeview College of Nursing?

Lakeview College of Nursing is well-positioned in the market, offering a strong nursing program with a focus on practical skills and clinical experience.

What makes Lakeview College of Nursing stand out?

Located in Danville, IL, offering a blend of urban and rural amenities.

What are the pros and cons of attending Lakeview College of Nursing?

Median earnings 10 years post-graduation are significantly higher than the national average for nursing graduates.

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.