Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing at Lakeview College of Nursing
Bachelor's Degree
lcn.eduAnalysis
Lakeview's nursing program costs less upfront but delivers earnings that lag meaningfully behind other Illinois options. At $69,090 in the first year, graduates earn about $4,000 less than the state median—and the gap widens from there, with earnings actually declining 5% by year four while most nursing careers see growth. This puts Lakeview at the 40th percentile among Illinois nursing programs, well behind schools like Governors State ($80,391) and even regional competitors.
The $26,464 in median debt is reasonable, translating to a manageable 0.38 debt-to-earnings ratio. That's the program's saving grace: graduates aren't drowning in loans. However, nearly half of students receive Pell grants, suggesting many come from families where maximizing earning potential matters greatly. For those families, the earnings gap is consequential—over just four years, a Lakeview graduate earns roughly $40,000 less than a peer from Chamberlain or Governors State.
The value equation here depends heavily on alternatives. If Lakeview offers significantly lower tuition than other Illinois nursing programs or provides crucial geographic accessibility, the lower debt might justify the earnings tradeoff. But for families with options, it's worth calculating whether saving a few thousand on the front end is worth potentially leaving $10,000+ annually on the table throughout a nursing career. The RN market is fairly standardized—if this program can't match typical Illinois nursing salaries, that's a yellow flag worth understanding before enrolling.
Where Lakeview College of Nursing Stands
Earnings vs. debt across all registered nursing, nursing administration, nursing research and clinical nursing bachelors's programs nationally
Earnings Distribution
How Lakeview College of Nursing 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 |
|---|---|---|---|
| Lakeview College of Nursing | $69,090 | $65,874 | -5% |
| Governors State University | $80,391 | $97,713 | +22% |
| Rasmussen University-Illinois | $74,861 | $82,469 | +10% |
| McKendree University | $73,156 | $82,082 | +12% |
| Benedictine University | $80,136 | $81,995 | +2% |
Compare to Similar Programs in Illinois
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing bachelors's programs at peer institutions in Illinois (41 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| — | $69,090 | $65,874 | $26,464 | 0.38 | |
| $20,604 | $83,188 | $81,995 | $39,146 | 0.47 | |
| $11,320 | $80,391 | $97,713 | $27,342 | 0.34 | |
| $34,290 | $80,136 | $81,995 | $17,188 | 0.21 | |
| $36,840 | $78,285 | $74,864 | $27,188 | 0.35 | |
| $51,716 | $76,869 | $77,492 | $27,000 | 0.35 | |
| National Median | — | $74,888 | — | $27,000 | 0.36 |
Career Paths
Occupations commonly associated with registered nursing, nursing administration, nursing research and clinical nursing graduates
Nurse Anesthetists
Nurse Midwives
Nurse Practitioners
Medical and Health Services Managers
Registered Nurses
Acute Care Nurses
Advanced Practice Psychiatric Nurses
Critical Care Nurses
Clinical Nurse Specialists
Nursing Instructors and Teachers, Postsecondary
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 Lakeview College of Nursing, approximately 48% 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 122 graduates with reported earnings and 123 graduates with debt data. Small samples may not be representative.