Health and Medical Administrative Services at Lakewood University

Healthcare administration typically offers stable employment, but Lakewood's estimated debt load of $38,558 significantly exceeds what graduates of similar Ohio programs typically carry—$25,750 at the state median. Combined with first-year earnings around $42,663 based on comparable programs, you're looking at roughly 11 months of gross income to cover that debt, which becomes harder to justify when flagship state programs like Ohio State and University of Cincinnati are producing graduates earning in the mid-to-high $50,000s.

The gap matters in a field where entry-level positions don't command premium salaries. While healthcare administration offers decent long-term prospects, starting in the low $40,000s while servicing nearly $40,000 in loans leaves little breathing room for someone building a career. That Franklin University produces comparable earnings with what's likely a more manageable cost structure suggests alternatives exist within Ohio that may offer better value.

For a family comfortable with private school tuition, understand that you'd be betting on career advancement to make the math work. The relatively low percentage of Pell recipients (5%) suggests Lakewood serves primarily full-pay families, but that doesn't change the economic reality: this estimated debt-to-earnings picture makes sense only if your student has specific reasons to choose this program over lower-cost alternatives producing similar or better outcomes.