-19%
150%-time completion
150%-time completion at Lake Land College fell 19% between 2006 and 2009 (35.7% → 28.8%).
Illinois · Public · Predominantly certificates
Lake Land College
Mattoon, Illinois. 2,492 undergraduate students. 80 programs in the federal Field-of-Study dataset.
ANOMALY ENGINE · NOTABLE SIGNALS
What the data flags at Lake Land College
Short-arc shifts (recent 3-year window), peer outliers, earnings trend breaks, completion drops, enrollment cliffs, and debt-to-earnings warnings — surfaced deterministically from the federal record. Multi-decade shifts are reported separately in the Long Arc section, since 25-year tuition drift isn't really an anomaly.
-100%
3-year cohort default rate
3-year cohort default rate at Lake Land College fell 100% between 2021 and 2024 (5.1% → 0.0%).
SECTION 01 · OUTCOMES SNAPSHOT
The numbers, vs. Illinois
Each tile compares this institution to the Illinois median for the same metric. Sub-line shows the comparison value, not an interpretation. Sparklines trace the federally available history.
$38,877+15% · 6→10y
Illinois median $40,810$33,693
Treasury earnings · 6y post-entry53.5%-31% · '97→'09
Illinois median 53.3%$3,970+136% · '97→'20
At program completion2,492-46% · '96→'24
latest IPEDS70.2%+13% · '04→'24
first-time, full-time—
latest cohort$4,280+183% · '00→'24
out-of-state $13,906SECTION 02 · EARNINGS HORIZONS
How earnings spread, 4 to 10 years after entry
Treasury tax-record earnings for federally aided students who first enrolled at this institution. Each point is a horizon from the most-recent vintage. Single median per horizon (no p25/p75 publishing).
Earnings widen with time post-entry. Selection: federal-aid recipients only — not all graduates.Methodology →
SECTION 03 · DEBT-TO-EARNINGS
What loans cost relative to earnings
Annual debt service as a share of median earnings 10 years after entry, computed under federal Direct loan terms (10-year fixed at 6%). The 8% line is the gainful-employment threshold from federal regulation; above 12% has historically been considered “failing” under prior rule cycles.
Institution-wide
1.4%Median federal debt $3,970 amortized over 10 years vs. median earnings $38,877 (10y after entry).
SECTION 04 · LONG ARC
Ten-plus year arc
Federally available history. Coverage varies by metric — IPEDS publishes some series only after 2009 and others only before.
Undergraduate enrollment.
150%-time completion rate.
Median federal student debt at exit.
-31%
Lake Land College · completion · 150% fell
41.6% → 28.8%
+13%
Lake Land College · retention rose
64.0% → 72.0%
-46%
Lake Land College · undergrad enrollment fell
4,553 → 2,448
+183%
Lake Land College · in-state tuition rose
$1,560 → $4,415
+101%
Lake Land College · out-of-state tuition rose
$7,116 → $14,301
+136%
Lake Land College · median debt rose
$2,625 → $6,188
-100%
Lake Land College · cohort default rate fell
20.0% → 0.0%
+20%
Lake Land College · pell share rose
21.7% → 26.1%
+24%
Lake Land College · earnings_median_10yr rose
$31,400 → $38,877
+24%
Lake Land College · earnings_median_8yr rose
$29,700 → $36,833
+23%
Lake Land College · earnings_median_6yr rose
$27,300 → $33,693
SECTION 05 · PROGRAMS
Ranked by 5-year earnings
Each row is one (CIP × credential) program reported by the institution in College Scorecard's Field-of-Study data. Cohort floor is 30 students; below this, federal data is suppressed.
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.$62,389Agricultural Business and Management.$56,312Information Science/Studies.$49,295Allied Health and Medical Assisting Services.$45,768Biological and Physical Sciences.$44,256Dental Support Services and Allied Professions.$40,788Health and Medical Administrative Services.$36,702Liberal Arts and Sciences, General Studies and Humanities.$35,479Practical Nursing, Vocational Nursing and Nursing Assistants.$35,229Health and Medical Administrative Services.$35,103Cosmetology and Related Personal Grooming Services.$31,004Social Work.$30,828
SECTION 06 · BY CIP FAMILY
12 programs with earnings, grouped
Programs are grouped by 2-digit CIP family. Programs without reported earnings are hidden to keep the list focused.
COMPUTER & INFORMATION SCIENCES · CIP 11
PERSONAL & CULINARY SERVICES · CIP 12
LIBERAL ARTS & GENERAL STUDIES · CIP 24
MULTI/INTERDISCIPLINARY STUDIES · CIP 30
PUBLIC ADMINISTRATION & SOCIAL SERVICES · CIP 44
HEALTH PROFESSIONS · CIP 51
Practical Nursing, Vocational Nursing and Nursing Assistants.$35,229Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.$62,389Allied Health and Medical Assisting Services.$45,768Health and Medical Administrative Services.$35,103Health and Medical Administrative Services.$36,702Dental Support Services and Allied Professions.$40,788
AGRICULTURE · CIP 01
FINANCIAL OUTCOME · ILLUSTRATION
Estimate the financial outcome at Lake Land College
Pick a program. Cost from Scorecard net price by family income; earnings from Treasury 5-year-post-completion median, projected forward with a Mincer age-earnings curve. The selection-bias toggle applies the Dale-Krueger shrinkage. Outcomes illustration, not a forecast — see methodology.
Shrinks the earnings premium toward the matched-applicant mean. STEM <15%, business ~40%, arts & education ~60%.
NET PRESENT VALUE
-$26,649
Over 40 years, discounted 5.0%
BREAKEVEN
—
Doesn’t reach breakeven within the horizon
- Cost per year
- $5,089
- HS-only baseline · IL
- $38,300
- Years to complete
- 2
- CIP family
- 24
Outcomes illustration · not a forecast. Projects observed Scorecard earnings forward with a Mincer age-earnings curve under your assumptions. See methodology for the math.
SECTION 07 · SIMILAR INSTITUTIONS
Same sector and degree mix in Illinois
Picked by Carnegie sector × predominant credential level. These are not rankings — just nearest-neighbour surfaces for comparison.
CAUSAL DISCIPLINE
“Lake Land College graduates earn $X” — not “Lake Land College makes you earn $X”
Median earnings describe what cohorts earned. They do not describe what attending Lake Land College caused. Selection effects (who admits, who enrolls, who completes) are real. We publish federal data with strict descriptive phrasing — and link the methodology where you can read about the limitations directly.