Median Earnings (1yr)
$48,587
5th percentile (10th in IL)
Median Debt
$27,000
16% above national median
Debt-to-Earnings
0.56
Manageable
Sample Size
17
Limited data

Analysis

At $48,587 in first-year earnings, Lake Forest's computer science graduates earn roughly $23,000 less than typical Illinois CS graduates and land in the bottom 10% statewide. This is striking given the program's relatively modest debt load of $27,000—the issue isn't overleveraging, it's that graduates aren't accessing the well-paying tech jobs that make CS degrees valuable. Illinois has a robust tech sector, with even mid-tier programs placing graduates above $70,000, so Lake Forest's outcomes suggest either limited employer connections or students entering lower-tier positions in the field.

The small sample size here matters significantly. With fewer than 30 graduates tracked, a handful of students pursuing graduate school immediately or taking non-traditional paths could drastically skew these numbers downward. That said, the gap is too large to dismiss entirely—even accounting for statistical noise, this program appears to underperform its regional peers by a substantial margin.

For parents considering this program, the question is whether Lake Forest's small liberal arts environment justifies the opportunity cost. If your child is set on computer science specifically and wants strong early career earnings, Illinois offers numerous alternatives with proven track records. Lake Forest might work for a student who values the small college experience above all else, but they should enter knowing the CS outcomes trail far behind what's typical for the major.

Where Lake Forest College Stands

Earnings vs. debt across all computer science bachelors's programs nationally

Lake Forest CollegeOther computer science 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 $49k, placing them in the 5th percentile of all computer science bachelors programs nationally.

Compare to Similar Programs in Illinois

Computer Science bachelors's programs at peer institutions in Illinois (41 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Lake Forest College$48,587$27,0000.56
University of Illinois Urbana-Champaign$124,530$143,775$20,5000.16
University of Chicago$117,578$175,145
Northwestern University$99,981$130,650$14,6000.15
Illinois Institute of Technology$86,005$103,119$23,2500.27
Wheaton College$81,470
National Median$70,950$23,3740.33

Other Computer Science Programs in Illinois

Compare tuition, earnings, and debt across Illinois schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Illinois Urbana-Champaign
Champaign
$16,004$124,530$20,500
University of Chicago
Chicago
$66,939$117,578
Northwestern University
Evanston
$65,997$99,981$14,600
Illinois Institute of Technology
Chicago
$51,763$86,005$23,250
Wheaton College
Wheaton
$43,930$81,470

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 17 graduates with reported earnings and 21 graduates with debt data. Small samples may not be representative.