Mathematics at Lake Forest College

A math degree from Lake Forest College carries an estimated $17,000 in debt—notably lower than what most Illinois math programs produce ($20,600 median) and well below the national typical burden of $21,500. When comparable Illinois programs suggest first-year earnings around $52,600, this creates a manageable debt-to-earnings ratio of 0.32, meaning graduates would owe roughly a third of their first year's salary.

The earnings estimate puts Lake Forest's program right at the state median, though it's worth noting the substantial range among Illinois schools. While elite programs like University of Chicago ($100,000+) and Northwestern ($79,500) command significantly higher starting salaries, Lake Forest appears positioned in the middle tier alongside larger state institutions. The key advantage here may be the relatively modest debt load paired with respectable earnings potential—a more conservative risk profile than higher-debt alternatives.

For families prioritizing financial safety, the combination of below-average debt and solid earnings estimates suggests this program could deliver reasonable value. The uncertainty around these figures—drawn from peer programs rather than Lake Forest's specific outcomes—means you're making this decision with less information than ideal, but the fundamentals look sound if your student thrives in Lake Forest's smaller college environment and the overall cost aligns with your family's budget.