Tuvelan

College ROI for Students in Lake County, IL

Is college worth it in Lake County? Here's the financial analysis.

Public In-State/yr

$33,457

Public Out-of-State/yr

$58,791

Private/yr

$83,964

Payback Period

2 yrs

ROI Comparison

4-Year Public University

Total Cost (4 yrs)$133,828
Annual Earnings Premium$67,959
Payback Period2 years
20-Year Net Return$1,225,352

4-Year Private University

Total Cost (4 yrs)$335,856
Annual Earnings Premium$78,153
Payback Period4.3 years
20-Year Net Return$1,227,201

About Lake County, Illinois

Lake County in Illinois has a median household income of $104,553 and a population of 713,159. The college earnings premium in this region makes a public university degree pay back in approximately 2 years.

These estimates use regional cost and earnings data. Actual ROI varies enormously by major, institution, completion rate, and career path. Our Monte Carlo simulation models degree-specific outcomes, student loan scenarios, and alternative investment paths.

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Other Counties in Illinois

Cook CountyDuPage CountyWill CountyKane CountyMcHenry CountyWinnebago CountyMadison CountySt. Clair County

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: NCES IPEDS, College Scorecard, Bureau of Labor Statistics. Estimates based on regional data. This is not financial advice.