Lake Forest College vs. Minnesota State University-Mankato

Should I go to Lake Forest College or Minnesota State University Mankato? Compare 50+ facts and figures about the colleges to help you determine if Lake Forest College or Minnesota State University-Mankato is the better college for you. The CollegeSimply comparison tool allows side-by-side comparison of 50+ statistics and facts for over 2,500 colleges and universities.

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Lake Forest College vs. Minnesota State University Mankato comparison
Lake Forest College Minnesota State University Mankato College 3 College 4
Lake Forest College Minnesota State University Mankato
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Overview

Lake Forest College Minnesota State University-Mankato
Location Lake Forest, IL Mankato, MN
Setting Large Suburban Remote Town
Enrollment 1,753 14,590
Type Private 4 Year Public 4 Year
National Ranking #267 #731
Religious Affiliation - - - -
Status Non-profit Non-profit
Website lakeforest.edu mnsu.edu
Team Colors                    

Costs

Lake Forest College Minnesota State University-Mankato
Tuition (In State) $52,000 $8,356
Tuition (Out of State) $52,000 $17,726
Room & Board $11,898 $10,606
Avg Net Price $27,839 $16,809
Avg Grant Aid $37,907 $6,961
% Receiving Grant Aid 100% 73%

Admission

Lake Forest College Minnesota State University-Mankato
Admission Chances Calculate Calculate
Applied 4,665 11,152
Admitted 2,786 7,882
Acceptance Rate 59.7% 70.7%
Enrolled % 16% 29.3%
Avg High School GPA 3.62 3.37
Typical High School Grades B+ B+
Admissions Standards Difficult Easy
Applicant Competition Low Low
ACT Range 26/31 19/24
SAT Range 1153/1340
Submit Test Scores Not required for admission, but considered if submitted (Test Optional) Not required for admission, but considered if submitted (Test Optional)
Application Deadline Feb 15, 2024

Academics

Lake Forest College Minnesota State University-Mankato
Student to Faculty Ratio 12:1 21:1
Popular Majors
  • Social Sciences (27%)
  • Business (9%)
  • Communication (9%)
  • English and Literature (8%)
  • Foreign Languages (8%)
  • Business (21%)
  • Health Professions (13%)
  • Education (11%)
  • Social Sciences (8%)
  • Homeland Security, Law Enforcement, Firefighting (6%)

Outcomes

Lake Forest College Minnesota State University-Mankato
Graduation Rate 68% 50%
Median Earnings (After 10 years) $53,800 $46,300
Making Student Loan Payments 78% 72%
Median Student Loan Debt $27,000 $22,575
Median Loan Payment $279 $233

Diversity

Lake Forest College Minnesota State University-Mankato
% Men 41% 44%
% Women 59% 56%
Racial Diversity High Low
HBCU No No
% White 58% 76%
% Black 7% 5%
% Hispanic 17% 4%
% Native American 0% 0%
% Pacific Islander 0% 0%
% Two or More Races 3% 3%
% International 8% 6%
% Unknown Race 3% 2%

Students

Lake Forest College Minnesota State University-Mankato
% In-State 48% 77%
% Out-of-State 52% 15%

Campus

Lake Forest College Minnesota State University-Mankato
Campus Housing Yes Yes
Freshman Dorm Required No No
Meal Plan Yes Yes
Weekend/Evening Classes No No
Daycare Facility No Yes
Learn More Details Details

Comparable Facts

  • Minnesota State University Mankato is larger than than Lake Forest College based on total student enrollment (14,590 students vs. 1,753 students)

Lake Forest College vs. Minnesota State University-Mankato Cost Comparison

Which college is more expensive, Lake Forest College or Minnesota State University-Mankato?

  • Lake Forest College is 522.3% more expensive to attend than Minnesota State University-Mankato for in-state tuition ($52,000.00 vs. $8,356.00)
  • Out of state tuition is 193.4% higher at Lake Forest College than Minnesota State University Mankato ($52,000.00 vs. $17,726.00)
  • The typical actual cost that students pay to attend (average net price) is less at Minnesota State University Mankato than Lake Forest College ($16,809 vs. $27,839)
  • Living costs (room and board or off-campus housing budget) at Minnesota State University Mankato are 12.2% lower than costs at Lake Forest College ($10,606 vs. $11,898)
  • More students receive financial grant aid at Lake Forest College than Minnesota State University Mankato (100% vs. 73%)
  • The average total grant financial aid received by Lake Forest College students is 444.6% larger than aid received Minnesota State University Mankato ($37,907 vs. $6,961)

Lake Forest College vs. Minnesota State University-Mankato Admissions Difficulty Comparison

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

  • Accepted freshman Lake Forest College students have a 0.25 point higher average high school GPA (3.62) than students at Minnesota State University-Mankato (3.37)
  • Minnesota State University-Mankato has a higher acceptance rate (70.7%) than Lake Forest College (59.7%)

Lake Forest College vs. Minnesota State University-Mankato Graduation Outcomes Comparison

Which is better, Lake Forest College or Minnesota State University-Mankato? 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 Minnesota State University-Mankato and Lake Forest College.

  • The graduation rate at Lake Forest College is higher than Minnesota State University Mankato (68% vs. 50%)
  • Graduates from Lake Forest College earn on average $7,500 more per year than Minnesota State University-Mankato graduates after ten years. ($53,800 vs. $46,300)
  • Minnesota State University Mankato students graduate with a $4,425 lower median federal student loan debt than Lake Forest College graduates. ($22,575 vs. $27,000)
  • Minnesota State University-Mankato graduates are paying $46 less per month on federal student loans than Lake Forest College graduates. ($233 vs. $279)
  • More Lake Forest College graduates are actively paying back their federal student loan debt than former Minnesota State University-Mankato students, three years after graduation. (78% vs. 72%)

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