Median Earnings (1yr)
$72,472
69th percentile
60th percentile in Illinois
Median Debt
$12,005
42% below national median

Analysis

College of Lake County's nursing program stands out for one big reason: extraordinarily low debt. At just $12,005, graduates carry roughly half the debt of typical Illinois nursing programs and less than 60% of the national median. Combined with strong first-year earnings of $72,472, this creates a debt-to-earnings ratio of 0.17—meaning graduates could theoretically pay off their loans in just two months of work.

The tradeoff? While first-year earnings rank solidly in the 60th percentile among Illinois nursing programs, they dip slightly by year four—a pattern sometimes seen when new nurses' overtime or shift differentials normalize. Even so, the decline from $72,472 to $69,609 is modest and graduates still out-earn the Illinois state median of $66,360. The program sits in the middle of the pack among stronger Illinois nursing schools, trailing Ambria and Moraine Valley but matching the performance of established programs at Joliet Junior College and Elgin Community College.

For families weighing options, this program offers a financially prudent path into nursing. The minimal debt load provides genuine flexibility—whether that's choosing lower-paying specialties, pursuing further education, or simply avoiding years of loan payments. It's not the highest-earning program in the state, but the combination of market-rate salaries and remarkably low debt makes this a lower-risk investment than most alternatives.

Where College of Lake County Stands

Earnings vs. debt across all registered nursing, nursing administration, nursing research and clinical nursing associates's programs nationally

Earnings Distribution

How College of Lake County graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
College of Lake County$72,472$69,609-4%
Ambria College of Nursing$75,461$86,883+15%
Northwestern College$62,746$78,269+25%
Morton College$65,090$72,449+11%
William Rainey Harper College$70,929$71,259+0%

Compare to Similar Programs in Illinois

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing associates's programs at peer institutions in Illinois (48 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
College of Lake CountyGrayslake$4,494$72,472$69,609$12,0050.17
Ambria College of NursingHoffman Estates$75,461$86,883$36,5180.48
Moraine Valley Community CollegePalos Hills$3,822$73,137$68,578$19,3450.26
Joliet Junior CollegeJoliet$4,530$71,988$68,202$18,6170.26
Elgin Community CollegeElgin$3,180$71,721$64,055$10,7930.15
William Rainey Harper CollegePalatine$3,822$70,929$71,259$15,0000.21
National Median$68,409$20,7510.30

Career Paths

Occupations commonly associated with registered nursing, nursing administration, nursing research and clinical nursing graduates

Nurse Anesthetists

Administer anesthesia, monitor patient's vital signs, and oversee patient recovery from anesthesia. May assist anesthesiologists, surgeons, other physicians, or dentists. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Nurse Midwives

Diagnose and coordinate all aspects of the birthing process, either independently or as part of a healthcare team. May provide well-woman gynecological care. Must have specialized, graduate nursing education.

$132,050/yrJobs growth:Master's degree

Nurse Practitioners

Diagnose and treat acute, episodic, or chronic illness, independently or as part of a healthcare team. May focus on health promotion and disease prevention. May order, perform, or interpret diagnostic tests such as lab work and x rays. May prescribe medication. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Medical and Health Services Managers

Plan, direct, or coordinate medical and health services in hospitals, clinics, managed care organizations, public health agencies, or similar organizations.

$117,960/yrJobs growth:Bachelor's degree

Registered Nurses

Assess patient health problems and needs, develop and implement nursing care plans, and maintain medical records. Administer nursing care to ill, injured, convalescent, or disabled patients. May advise patients on health maintenance and disease prevention or provide case management. Licensing or registration required.

$93,600/yrJobs growth:Bachelor's degree

Acute Care Nurses

Provide advanced nursing care for patients with acute conditions such as heart attacks, respiratory distress syndrome, or shock. May care for pre- and post-operative patients or perform advanced, invasive diagnostic or therapeutic procedures.

$93,600/yrJobs growth:Bachelor's degree

Advanced Practice Psychiatric Nurses

Assess, diagnose, and treat individuals and families with mental health or substance use disorders or the potential for such disorders. Apply therapeutic activities, including the prescription of medication, per state regulations, and the administration of psychotherapy.

$93,600/yrJobs growth:Bachelor's degree

Critical Care Nurses

Provide specialized nursing care for patients in critical or coronary care units.

$93,600/yrJobs growth:Bachelor's degree

Clinical Nurse Specialists

Direct nursing staff in the provision of patient care in a clinical practice setting, such as a hospital, hospice, clinic, or home. Ensure adherence to established clinical policies, protocols, regulations, and standards.

$93,600/yrJobs growth:Bachelor's degree

Nursing Instructors and Teachers, Postsecondary

Demonstrate and teach patient care in classroom and clinical units to nursing students. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:
About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At College of Lake County, approximately 24% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 40 graduates with reported earnings and 62 graduates with debt data. Small samples may not be representative.