Median Earnings (1yr)
$39,054
62nd percentile (40th in IL)
Median Debt
$26,500
4% above national median
Debt-to-Earnings
0.68
Manageable
Sample Size
27
Limited data

Analysis

Lake Forest College's social sciences degree sits in an interesting spot: it performs above the national median but falls slightly below what's typical for Illinois graduates in this field. With first-year earnings of $39,054, graduates earn about $1,500 less than the state median of $40,538, landing at the 40th percentile among Illinois social science programs. However, they're doing better than 62% of similar programs nationwide, which matters if students are considering out-of-state alternatives.

The financial picture is manageable, with $26,500 in median debt translating to a 0.68 debt-to-earnings ratio—meaning graduates owe roughly two-thirds of their first-year salary. This beats both the national debt median and comes in well below the typical Illinois graduate's $29,662 debt load. That's a meaningful $3,000 difference when you're making loan payments. The small sample size (under 30 graduates) means individual outcomes could vary significantly, but the debt containment is encouraging.

For families weighing this option, the key question is whether Lake Forest's selectivity and smaller environment justify slightly lower earnings than nearby alternatives like Benedictine University ($42,023). The program won't deliver standout financial returns within Illinois, but it combines reasonable debt with earnings that beat most national peers—a solid foundation for graduate school or career entry.

Where Lake Forest College Stands

Earnings vs. debt across all social sciences bachelors's programs nationally

Lake Forest CollegeOther social sciences 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 $39k, placing them in the 62th percentile of all social sciences bachelors programs nationally.

Compare to Similar Programs in Illinois

Social Sciences bachelors's programs at peer institutions in Illinois (6 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Lake Forest College$39,054—$26,5000.68
Benedictine University$42,023$52,295$32,8240.78
National Median$36,279—$25,5000.70

Other Social Sciences Programs in Illinois

Compare tuition, earnings, and debt across Illinois schools

SchoolIn-State TuitionEarnings (1yr)Debt
Benedictine University
Lisle
$34,290$42,023$32,824

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.