Analysis
Lake Forest College's Communication and Media Studies graduates earn significantly more than most peers nationally—ranking in the 90th percentile—while carrying less debt than average. Starting at $42,835 and climbing to $55,601 by year four, these outcomes beat the national median by roughly $8,000 at graduation and represent strong 30% earnings growth. The $27,000 debt load is manageable, resulting in a debt-to-earnings ratio of just 0.63.
The Illinois picture reveals nuance worth considering. While these graduates still out-earn the state median ($35,991), they're at the 60th percentile among Illinois programs—middle of the pack. Northwestern's $52,210 median tops the state, but Lake Forest edges out larger schools like Augustana and Wheaton while delivering better debt outcomes than most. For families weighing Lake Forest's private school price tag, this suggests the program delivers on its promise nationally even if it doesn't dominate in-state.
The trajectory here matters: graduates who stick with communications see meaningful salary increases over four years, and they're doing it with modest debt loads. For an anxious parent, this looks like a reasonable investment—your child would graduate with strong earning potential relative to communications majors nationally and debt that won't be overwhelming. Just understand you're paying for national-caliber outcomes, not necessarily the top in Illinois.
Where Lake Forest College Stands
Earnings vs. debt across all communication and media studies bachelors's programs nationally
Earnings Distribution
How Lake Forest College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Lake Forest College | $42,835 | $55,601 | +30% |
| Northwestern University | $52,210 | $77,066 | +48% |
| University of Illinois Urbana-Champaign | $37,808 | $61,211 | +62% |
| Augustana College | $40,806 | $52,732 | +29% |
| Northern Illinois University | $38,490 | $50,527 | +31% |
Compare to Similar Programs in Illinois
Communication and Media Studies bachelors's programs at peer institutions in Illinois (45 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $54,202 | $42,835 | $55,601 | $27,000 | 0.63 | |
| $65,997 | $52,210 | $77,066 | $18,112 | 0.35 | |
| $17,488 | $47,622 | $47,238 | $56,858 | 1.19 | |
| $41,628 | $41,423 | — | — | — | |
| $49,834 | $40,806 | $52,732 | $26,375 | 0.65 | |
| $43,930 | $39,321 | $45,185 | $23,250 | 0.59 | |
| National Median | — | $34,959 | — | $25,000 | 0.72 |
Career Paths
Occupations commonly associated with communication and media studies graduates
Public Relations Managers
Fundraising Managers
Communications Teachers, Postsecondary
Editors
Writers and Authors
Poets, Lyricists and Creative Writers
Public Relations Specialists
Fundraisers
News Analysts, Reporters, and Journalists
Broadcast Announcers and Radio Disc Jockeys
Media and Communication Workers, All Other
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 41 graduates with reported earnings and 46 graduates with debt data. Small samples may not be representative.