College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

Is LEC a Good School for the Money?

Below Average National Value
Below Average In-State Value
$23,644 Avg Annual Cost

Is LEC worth the money? College Factual’s value analysis weighs the quality of education against the cost. Here is the verdict.

LEC Value Ranking

LEC Best Value ranking badge
#2,099 National Value Rank
#85 Ohio Value Rank
D+ Value Grade

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.

LEC’s Best Value Majors

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

Lake Erie College Value Report

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.

Within Ohio, LEC is Ranked Below Average in Quality and is Overpriced

Below Average Ohio Value
Below Average Ohio Quality
$23,644 Avg Annual Cost

Lake Erie College is ranked #94 out of #143 in Ohio for quality and #85 out of #139 for Ohio value.

State Value Ranking  85 out of 139
Overpriced
Great Value
State Value Score  20.9 out of 100
Overpriced
Great Value

Do you qualify for in-state tuition? Check the LEC financial aid page to be sure.

Below Average Value Nationwide

Below Average National Value
Below Average National Quality
Expensive Price

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.

National Value Ranking  2,099 out of 3,211
Overpriced
Great Value
National Value Score  37.4 out of 100
Overpriced
Great Value

The Bottom Line: What Will LEC Cost?

$23,644 Avg Annual Cost (All Students)
$50,771 Sticker Price Per Year
$94,576 Est. 4-Year Cost

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.

Many Factors Affect Net Price

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.

Does This School Make Financial Sense to You?

The price you actually pay depends on your circumstances — most students do not pay the full sticker price.

100% Freshmen Receiving Aid
$26,300 Avg Grant / Scholarship
91% Undergrads Getting Grants

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.

How to Calculate Value

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.

References

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