Lake Erie College

Lake Erie College is a private, nonprofit school located in the suburban setting of Painesville, OH, less than an hour from Cleveland.

Founded in 1856, Lake Erie College currently enrolls around 1,056 students a year, including 833 undergrads. The institution runs on a semester academic calendar.

As of 2020, the total market value of the school endowment was $32,722,506. The school spends $5,948 for each full-time student enrolled.

Admissions Facts About Lake Erie College

Acceptance rate: 57%

Early Decision or Early Action: No/Yes

2022 Regular Decision Deadline: August 1

2022 Regular Decision Notification Date:

Lake Erie College Acceptance Rate 2020

Lake Erie College is a moderately difficult school to get accepted to. Around 57 percent of all applicants to Lake Erie College are accepted each year.

In 2021, 0 applicants were waitlisted and 0 waitlisted students got accepted.

Is Lake Erie College a good school?

The definition of a "good school" is different for different people. Acceptance rate and average GPA are good indicators of how selective an institution is, but they don't say much about the quality of the education or the student experience. However, there are a few good ways to get a better sense how satisfied students are and how well a school supports its student body.

Retention and graduation rates

Around 49 percent of students who started at Lake Erie College earn their Bachelor's degrees within six years. Compare this to the average six-year graduation rate for colleges and universities in the U.S., which is around 61 percent for public schools and 67 percent for private.

Job outcomes and student debt

Job placement and student debt statistics for recent graduates can give you a sense of the return on investment a school offers. Within six months of graduating, 32 percent of graduates receive at least one full-time job offer.

Recent grads have an average starting salary of $35,000 a year. The average student debt for graduates in the class of 2021 was around $28,748 per student, not including those with no debt. For context, compare this number with the average national debt, which is around $36,000 per borrower.

Based on this information, how does Lake Erie College sound? Remember, the best school for one person may be a terrible fit for another! So the real question to ask yourself: is Lake Erie College a good school for YOU?

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