Lake Forest College vs. Franklin University

Should I go to Lake Forest College or Franklin University? Compare the two schools' costs, SAT, ACT, GPA, admissions criteria and outcomes to help you determine if Lake Forest College or Franklin University is the better college for you.

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Lake Forest College vs. Franklin University comparison
Lake Forest College Franklin University College 3 College 4
Lake Forest College
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Location Lake Forest, IL Columbus, OH
Setting Large Suburban Large City
Students 1,512 4,970
Type Private 4 Year Private 4 Year
Religious Affiliation - - - -
Status Non-profit Non-profit

Costs

Tuition (In State) $47,680 $9,552
Tuition (Out of State) $47,680 $9,552
Room & Board $10,676 $10,224
Avg Net Price $26,148 $12,459
Avg Grant Aid $34,421 $15,202
% Receiving Grant Aid 99% 95%

Admission and Academics

Acceptance Rate 55.2% Open
Avg High School GPA 3.63 -
Admissions Standards Unavailable Unavailable
Applicant Competition Low
ACT Range
SAT Range
Application Deadline

Outcomes

Graduation Rate 68% 19%
Median Earnings (After 10 years) $53,800 $52,100
Making Student Loan Payments 78% 38%
Median Student Loan Debt $27,000 $25,000
Median Loan Payment $279 $258
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Comparable Facts

  • Franklin University is larger than than Lake Forest College based on total student enrollment (4,970 students vs. 1,512 students)

Lake Forest College vs. Franklin University Cost Comparison

Which college is more expensive, Lake Forest College or Franklin University?

  • Lake Forest College is 399.2% more expensive to attend than Franklin University for in-state tuition ($47,680.00 vs. $9,552.00)
  • Out of state tuition is 399.2% higher at Lake Forest College than Franklin University ($47,680.00 vs. $9,552.00)
  • The typical actual cost that students pay to attend (average net price) is less at Franklin University than Lake Forest College ($12,459 vs. $26,148)
  • Living costs (room and board or off-campus housing budget) at Franklin University are 4.4% lower than costs at Lake Forest College ($10,224 vs. $10,676)
  • More students receive financial grant aid at Lake Forest College than Franklin University (99% vs. 95%)
  • The average total grant financial aid received by Lake Forest College students is 126.4% larger than aid received Franklin University ($34,421 vs. $15,202)

Which college is harder to get into, Lake Forest College or Franklin University? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between Franklin University or Lake Forest College .

Lake Forest College vs. Franklin University Graduation Outcomes Comparison

Which is better, Lake Forest College or Franklin University? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between Franklin University and Lake Forest College.

  • The graduation rate at Lake Forest College is higher that Franklin University (68% vs. 19%)
  • Graduates from Lake Forest College earn on average $1,700 more per year than Franklin University graduates after ten years. ($53,800 vs. $52,100)
  • Franklin University students graduate with a $2,000 lower median federal student loan debt than Lake Forest College graduates. ($25,000 vs. $27,000)
  • Franklin University graduates are paying $21 less per month on federal student loans than Lake Forest College graduates. ($258 vs. $279)
  • More Lake Forest College graduates are actively paying back their federal student loan debt than former Franklin University students, three years after graduation. (78% vs. 38%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/