Lake Forest College vs Massachusetts Institute of Technology (MIT)

Lake Forest College and Massachusetts Institute of Technology, two esteemed institutions of higher learning, stand apart in their unique offerings and student experiences. Lake Forest, a liberal arts college nestled in the serene suburbs of Chicago, boasts a tight-knit community and personalized education, while MIT, a world-renowned research university in Cambridge, Massachusetts, is celebrated for its rigorous academics and cutting-edge research opportunities. With acceptance rates of 68% and 7%, respectively, these institutions cater to different applicant pools. While Lake Forest students predominantly pursue majors in the humanities and social sciences, MIT's strengths lie in STEM fields. Explore the comprehensive comparison table below to delve into further details, including student body demographics, graduation rates, and more, to determine which institution aligns best with your academic aspirations and personal preferences.

	Lake Forest College	Massachusetts Institute of Technology
Overview
Location	Lake Forest, Illinois	Cambridge, Massachusetts
Campus setting	Suburb: Large	City: Midsize
College type	4 year	4 year
Control/business model	Private (Non Profit)	Private (Non Profit)
Calendar system	Semester	4-1-4
Degrees offered	Undergraduate and Graduate	Undergraduate and Graduate
Students retention rate	87.0%	99.0%
Common app member	Yes	No
Religious affiliation

Admission
Acceptance rate	64.4%	4.1%
Application fees	$50	Undergraduate: $75 Graduate: $75
SAT range	1130 - 1345	N/A
ACT range	26 - 31	N/A
Students submitting SAT score	26.0%
Students submitting ACT score	15.0%
Total number of applicants	4,358	33,240
Total number of admissions given out	2,808	1,365
Admitted students who chose to enroll	417	1,177
Yield rate	14.9%	86.2%
Test scores (SAT/ACT)	N/A	N/A
High school GPA	Required	Not required
Recommendation letters	Required	Required
High school transcript	Not required	Not required
English proficiency test (e.g. TOEFL)	Required	Not required

Tuition and Fees
Sticker price	$66,400	$58,920
Average net price	$25,126	$30,958
Tuition	$50,100	$55,510
Room & board	Room/dormitory: $5,540 Meal plan: $5,958	Room/dormitory: $11,550 Meal plan: $6,550
Available payment plans	Tuition payment plan	Tuition payment plan

Financial Aid
Students receiving financial aid (Grants & scholarships)	100.0% Average amount $38,182	100.0% Average amount $32,562
Students receiving federal student loan	43.0% Average amount $5,895	6.0% Average amount $5,112
Students taking out private loans	4.0% Average amount $15,800	1.0% Average amount $17,891

Students and Campus
Undergraduate students	1,661 Men 41.7% Women 58.3%	4,638 Men 51.9% Women 48.1%
Graduate students	29 Men 34.5% Women 65.5%	7,296 Men 62.0% Women 38.0%
Racial/ethnic diversity	Low	Moderate
Out-of-state students	45.4%	N/A
International students	15.7%	29.2%
Campus local/setting	Suburb: Large	City: Midsize
Dormitory capacity	1,236	6,280
First year students are required to live on campus?	No	No
Top 5 states where most U.S. students come from	Illinois Arizona California Colorado Minnesota	California Texas New York Florida New Jersey

Academics
Popular study areas	Social Sciences Biological and Biomedical Sciences Education Foreign Languages and Literatures Psychology	Engineering Business Computer and Information Science Architecture Mathematics and Statistics
Students to faculty ratio	12:1	3:1
Institutional accreditation	Higher Learning Commission	New England Commission on Higher Education

Outcome
Graduation rate	73.0%	96.2%
Dropout rate	4.8%	3.0%
Transferred out	22.2%	N/A
Alumni salary by major (Top 10)	Finance and Financial Management Services (Bachelor's Degrees) Year 1: $51,498 Year 2: $44,468 Year 3: $58,948 Communication and Media Studies (Bachelor's Degrees) Year 1: $45,662 Year 2: $41,007 Year 3: $50,604 Business/Commerce, General (Bachelor's Degrees) Year 1: $39,515 Year 2: $40,647 Year 3: $46,215 Political Science and Government (Bachelor's Degrees) Year 1: $44,630 Year 2: $30,409 Year 3: $42,995 Romance Languages, Literatures, and Linguistics (Bachelor's Degrees) Year 1: $39,945 Year 2: $29,685 Year 3: $37,497 English Language and Literature, General (Bachelor's Degrees) Year 1: $33,373 Year 2: $23,807 Year 3: $32,580 Natural Resources Conservation and Research (Bachelor's Degrees) Year 1: $26,153 Year 2: N/A Year 3: N/A Biology, General (Bachelor's Degrees) Year 1: N/A Year 2: $29,832 Year 3: N/A Neurobiology and Neurosciences (Bachelor's Degrees) Year 1: $35,544 Year 2: N/A Year 3: N/A Mathematics (Bachelor's Degrees) Year 1: $47,197 Year 2: N/A Year 3: N/A	Electrical, Electronics and Communications Engineering (Master's Degrees) Year 1: $144,716 Year 2: $150,045 Year 3: $183,153 Business/Commerce, General (Master's Degrees) Year 1: $170,089 Year 2: $165,236 Year 3: $182,183 Computer Science (Bachelor's Degrees) Year 1: $118,191 Year 2: $127,993 Year 3: $163,496 Mathematics (Bachelor's Degrees) Year 1: $82,796 Year 2: $117,572 Year 3: $155,540 Systems Engineering (Master's Degrees) Year 1: $133,685 Year 2: $137,214 Year 3: $155,079 Electrical, Electronics and Communications Engineering (Bachelor's Degrees) Year 1: $104,229 Year 2: $121,226 Year 3: $139,548 Electrical, Electronics and Communications Engineering (Doctoral Degrees) Year 1: $141,603 Year 2: $126,504 Year 3: $132,987 Mechanical Engineering (Doctoral Degrees) Year 1: N/A Year 2: $112,885 Year 3: $124,425 Mechanical Engineering (Master's Degrees) Year 1: $135,266 Year 2: $111,435 Year 3: $112,404 Aerospace, Aeronautical and Astronautical Engineering (Master's Degrees) Year 1: $109,955 Year 2: $104,749 Year 3: $109,672

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Lake Forest College vs Massachusetts Institute of Technology (MIT)

Lake Forest College

Massachusetts Institute of Technology

Overview

Admission

Tuition and Fees

Financial Aid

Students and Campus

Academics

Outcome

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