Is LEC worth the money? College Factual’s value analysis weighs the quality of education against the cost. Here is the verdict.
LEC is ranked #2,099 out of 3,211 schools for value nationwide, earning a value grade of D+. Within Ohio, it ranks #85 of 139 for value.
Among the majors LEC offers, these rank best for value nationally.
| Major | National Value Rank |
|---|---|
| Secondary Education | #298 of 404 |
| Early Childhood Education | #354 of 446 |
| Accounting / Finance | #456 of 693 |
| Criminal Justice Administration | #461 of 638 |
| Bachelor's Degree | #488 of 678 |
| Teacher Education Grade Specific | #581 of 789 |
| Biology Studies | #679 of 1,050 |
| General Biology | #682 of 1,055 |
| Biology | #682 of 1,055 |
| Business Administration / Management | #797 of 1,232 |
Below is the detailed LEC value breakdown: state and national value rankings, the real cost of a degree, and how the price stacks up against the aid most students receive.
Lake Erie College is ranked #94 out of #143 in Ohio for quality and #85 out of #139 for Ohio value.
Do you qualify for in-state tuition? Check the LEC financial aid page to be sure.
Lake Erie College is ranked #2,099 out of 3,211 for value nationwide.
Based on our analysis of other colleges at similar price points, Lake Erie College is overpriced for the quality of education it provides.
Averaged across all students — those who receive aid and those who pay full price — a year at LEC costs about $23,644. Over a standard four-year bachelor's program, that adds up to an estimated $94,576 for the degree.
| Amount | |
|---|---|
| Sticker Price (before aid) | $50,771 / year |
| Net Price (students receiving aid) | $20,961 / year |
| Average Cost (all students) | $23,644 / year |
| Estimated 4-Year Cost | $94,576 |
*The average cost weights the net price paid by aid recipients against the sticker price paid by everyone else. The 4-year figure assumes the standard bachelor's length; your actual time to graduate and price may differ.
Your price depends heavily on your family income and the aid you qualify for. See the LEC net price page for a fuller breakdown of what you might actually pay.
The price you actually pay depends on your circumstances — most students do not pay the full sticker price.
Here is how the estimated 4-year cost of a LEC degree breaks down by aid group, against its national value ranking.
| Nationwide Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $203,084 | — | — |
| All Students | $94,576 | #2,099 | D+ |
| Only Students Receiving Aid | $83,844 | — | — |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $203,084 | — | — |
| All Students | $94,576 | #85 | D- |
| Only Students Receiving Aid | $83,844 | — | — |
*College Factual publishes a single overall value ranking (the All Students row). The cost rows show what each aid group pays toward the same degree.
You can also see how the average net price at LEC shifts with family income:
| Family Income | Avg Net Price / Year |
|---|---|
| $0–$30K | $17,958 |
| $30K–$48K | $19,969 |
| $48K–$75K | $18,863 |
| $75K–$110K | $24,170 |
| Over $110K | $24,353 |
About 91% of LEC undergraduates receive grant or scholarship aid, averaging $26,300 per year. Get more details on the LEC financial aid you may qualify for.
College Factual calculates value by comparing the average LEC cost of a degree against other schools of a similar quality. If the school is priced fairly for the educational quality it provides, it receives a fair ranking; if it is underpriced, it earns a good or excellent value.
Read the full Best for the Money Ranking Methodology.