Median Earnings (1yr)
$33,380
57th percentile (60th in IL)
Median Debt
$27,000
8% above national median
Debt-to-Earnings
0.81
Manageable
Sample Size
19
Limited data

Analysis

Lake Forest College's biology program shows a notably uneven trajectory that's hard to evaluate with confidence given the small sample size. The $33,380 starting salary sits just above the Illinois median, and while the 53% earnings jump to $51,029 by year four sounds impressive, that small cohort makes it unclear whether future graduates will follow the same path. More concerning: you're paying $27,000 in debt for outcomes that rank solidly middle-of-the-pack among Illinois biology programs, where several public universities deliver stronger returns with similar or lower debt loads.

The debt-to-earnings ratio of 0.81 is manageable, and the program does eventually reach competitive earnings by year four. But compare this to Northern Illinois or SIUE, where biology grads start earning $5,000-8,000 more annually with comparable debt. Even if Lake Forest's graduates catch up later, they're spending those crucial early career years at a disadvantage. The 60th percentile ranking in Illinois means this program is essentially average in a state with 50 biology programs to choose from.

Unless Lake Forest offers something specific your child values—perhaps research opportunities or graduate school placement that isn't captured in these earnings—the numbers suggest looking at Illinois public universities first. The small sample size adds another layer of uncertainty: these figures could shift dramatically with just a few more data points.

Where Lake Forest College Stands

Earnings vs. debt across all biology bachelors's programs nationally

Lake Forest CollegeOther biology programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Lake Forest College graduates compare to all programs nationally

Lake Forest College graduates earn $33k, placing them in the 57th percentile of all biology bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Illinois

Biology bachelors's programs at peer institutions in Illinois (50 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Lake Forest College$33,380$51,029$27,0000.81
Governors State University$43,641$45,671$31,2500.72
Northeastern Illinois University$40,392$52,784$14,0310.35
Northern Illinois University$38,137$48,556$23,6300.62
Southern Illinois University Edwardsville$38,067$50,151$22,3960.59
Saint Xavier University$37,977$46,068$26,9390.71
National Median$32,316—$25,0000.77

Other Biology Programs in Illinois

Compare tuition, earnings, and debt across Illinois schools

SchoolIn-State TuitionEarnings (1yr)Debt
Governors State University
University Park
$11,320$43,641$31,250
Northeastern Illinois University
Chicago
$12,383$40,392$14,031
Northern Illinois University
Dekalb
$12,700$38,137$23,630
Southern Illinois University Edwardsville
Edwardsville
$12,922$38,067$22,396
Saint Xavier University
Chicago
$36,840$37,977$26,939

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 Lake Forest College, approximately 35% 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 19 graduates with reported earnings and 35 graduates with debt data. Small samples may not be representative.