Minnesota School of Business-Richfield vs. Lakeland University

Should I go to Minnesota School of Business Richfield or Lakeland University? Compare 50+ facts and figures about the colleges to help you determine if Minnesota School of Business-Richfield or Lakeland University 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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Minnesota School of Business Richfield vs. Lakeland University comparison
Minnesota School of Business Richfield Lakeland University College 3 College 4
Lakeland University
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Overview

 Minnesota School of Business-Richfield Lakeland University
Location Richfield, MN Plymouth, WI
Setting Large Suburban Rural Fringe
Enrollment 581 2,406
Type Private 4 Year Private 4 Year
National Ranking
Religious Affiliation - United Church of Christ - -
Status For-profit Non-profit
Website msbcollege.edu lakeland.edu
Team Colors                    

Costs

 Minnesota School of Business-Richfield Lakeland University
Tuition (In State) $14,040 $30,400
Tuition (Out of State) $14,040 $30,400
Room & Board $5,472 $10,778
Avg Net Price $19,167 $21,611
Avg Grant Aid $7,125 $23,855
% Receiving Grant Aid 98% 96%

Admission

 Minnesota School of Business-Richfield Lakeland University
Admission Chances Calculate Calculate
Applied - 1,230
Admitted - 1,224
Acceptance Rate Open 99.5%
Enrolled % Open 18.7%
Avg High School GPA - 3.0
Typical High School Grades - B
Admissions Standards Unavailable Unavailable
Applicant Competition
ACT Range
SAT Range
Submit Test Scores Not applicable Not considered for admission, even if submitted (Test Blind)
Application Deadline

Academics

 Minnesota School of Business-Richfield Lakeland University
Student to Faculty Ratio 0:1 16:1
Popular Majors
  • Business (44%)
  • Health Professions (19%)
  • Communications Technology (10%)
  • Computer and Information Sciences (10%)
  • Legal Professions (9%)
  • Business (65%)
  • Computer and Information Sciences (9%)
  • Education (6%)
  • Social Sciences (5%)
  • Psychology (3%)

Outcomes

 Minnesota School of Business-Richfield Lakeland University
Graduation Rate 25% 42%
Median Earnings (After 10 years) $35,300 $44,000
Making Student Loan Payments 42% 57%
Median Student Loan Debt $26,325 $25,458
Median Loan Payment $272 $263

Diversity

 Minnesota School of Business-Richfield Lakeland University
% Men 0% 41%
% Women 0% 59%
Racial Diversity Low Low
HBCU No No
% White 76% 77%
% Black 8% 8%
% Hispanic 5% 5%
% Native American 1% 2%
% Pacific Islander 1% 0%
% Two or More Races 0% 1%
% International 0% 2%
% Unknown Race 3% 1%

Students

 Minnesota School of Business-Richfield Lakeland University
% In-State - 70%
% Out-of-State - 30%

Campus

 Minnesota School of Business-Richfield Lakeland University
Campus Housing No Yes
Freshman Dorm Required No No
Meal Plan No Yes
Weekend/Evening Classes Yes Yes
Daycare Facility No Yes
Learn More Details Details

Comparable Facts

  • Lakeland University is larger than than Minnesota School of Business-Richfield based on total student enrollment (2,406 students vs. 581 students)

Minnesota School of Business-Richfield vs. Lakeland University Cost Comparison

Which college is more expensive, Minnesota School of Business-Richfield or Lakeland University?

  • Lakeland University is 116.5% more expensive to attend than Minnesota School of Business-Richfield for in-state tuition ($30,400.00 vs. $14,040.00)
  • Out of state tuition is 116.5% higher at Lakeland University than Minnesota School of Business Richfield ($30,400.00 vs. $14,040.00)
  • The typical actual cost that students pay to attend (average net price) is less at Minnesota School of Business Richfield than Lakeland University ($19,167 vs. $21,611)
  • Living costs (room and board or off-campus housing budget) at Minnesota School of Business Richfield are 97% lower than costs at Lakeland University ($5,472 vs. $10,778)
  • More students receive financial grant aid at Minnesota School of Business Richfield than Lakeland University (98% vs. 96%)
  • The average total grant financial aid received by Lakeland University students is 234.8% larger than aid received Minnesota School of Business Richfield ($23,855 vs. $7,125)

Which college is harder to get into, Minnesota School of Business-Richfield or Lakeland University? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between Lakeland University or Minnesota School of Business-Richfield .

Minnesota School of Business-Richfield vs. Lakeland University Graduation Outcomes Comparison

Which is better, Minnesota School of Business-Richfield or Lakeland 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 Lakeland University and Minnesota School of Business-Richfield.

  • The graduation rate at Lakeland University is higher than Minnesota School of Business Richfield (42% vs. 25%)
  • Graduates from Lakeland University earn on average $8,700 more per year than Minnesota School of Business-Richfield graduates after ten years. ($44,000 vs. $35,300)
  • Lakeland University students graduate with a $867 lower median federal student loan debt than Minnesota School of Business-Richfield graduates. ($25,458 vs. $26,325)
  • Lakeland University graduates are paying $9 less per month on federal student loans than Minnesota School of Business-Richfield graduates. ($263 vs. $272)
  • More Lakeland University graduates are actively paying back their federal student loan debt than former Minnesota School of Business-Richfield students, three years after graduation. (57% vs. 42%)

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