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Lake Region State College — ROI, Cost & Payback

Public · Devils Lake, ND · 611 students

The verdict

Lake Region State College charges a net price of $13,577/yr after aid — a 2-year total of $27,154. Graduates earn a median $49,502 ten years after entry, $1,142/yr above the $48,360 high-school baseline, clearing the total in 23.8 years — a 20-year net return of $-4,314, a weak return — the cost is hard to justify on earnings alone. (Scorecard, 2026 · our math.)

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$13,577
Net price / yr
Scorecard, 2026
$49,502
Median earnings, 10 yrs
Scorecard, 2026
23.8 yrs
Payback
Our math, 2026
Admission rate
Scorecard, 2026
Lake Region State College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$13,577/yrScorecard, 2026
Total net cost (2 yrs)$27,154our math
Median earnings, 10 yrs after entry$49,502Scorecard, 2026
Earnings premium over HS baseline$1,142/yrour math
Median debt (completers)$10,293Scorecard, 2026
Payback23.8 yrsour math
20-year net return$-4,314our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

How we compute this. Payback = total net cost ÷ annual earnings premium, where the premium is median earnings 10 years after entry minus the $48,360 baseline (BLS 2024 median for a high-school-diploma worker 25+). Total net cost = net price × 2 years. We do not discount future dollars. The institution-wide earnings figure blends every major — a specific program's payback can be far better or worse. Full method on the methodology page.