College of Lake County vs. Taylor Business Institute

Comparable Facts

Compare College of Lake County in Grayslake, IL with Taylor Business Institute in Chicago, IL on tuition, admissions, graduation, earnings, and student body data using the table above.

College of Lake County is larger than Taylor Business Institute based on total student enrollment (12,530 students vs. 115 students)

Location, institution type, and student-faculty ratio

• College of Lake County is located in Grayslake, IL (Midsize Suburban setting); Taylor Business Institute is in Chicago, IL (Large City setting).
• College of Lake County is a public, non-profit 2-year institution. Taylor Business Institute is a private, for-profit 2-year institution.
• Student-to-faculty ratio: College of Lake County 16:1; Taylor Business Institute 10:1.

College of Lake County vs. Taylor Business Institute Cost Comparison

Which college is more expensive, College of Lake County or Taylor Business Institute? Published tuition is the sticker price; many students pay less after aid (see average net price below).

• The typical actual cost that students pay to attend (average net price) is less at College of Lake County than Taylor Business Institute ($6,357 vs. $12,982).
• Living costs (room and board or off-campus housing budget) at Taylor Business Institute are 55.4% lower than at College of Lake County ($7,500 vs. $16,800).
• Taylor Business Institute is 10.4% more expensive for in-state tuition than College of Lake County (about $1,131 more per year; $12,000.00 vs. $10,869.00).
• Out-of-state tuition is 20% higher at College of Lake County than at Taylor Business Institute (about $2,400 more per year; $14,400.00 vs. $12,000.00).
• A larger share of students receive grant aid at College of Lake County than at Taylor Business Institute (52% vs. 18%).
• The average total grant financial aid received by Taylor Business Institute students is 54% larger than aid received by College of Lake County students ($9,793 vs. $6,361).

College of Lake County vs. Taylor Business Institute Admissions comparison

Which college is harder to get into, College of Lake County or Taylor Business Institute? Typical SAT and ACT scores (same estimates as in the table above), middle 50% test ranges where reported, test score submission policy, deadlines, and acceptance rates summarize admission difficulty between Taylor Business Institute and College of Lake County.

• College of Lake County reports an open admissions policy.
• Submitting SAT or ACT scores: College of Lake County - Open admission; Taylor Business Institute - Test-free.

College of Lake County vs. Taylor Business Institute Graduation Outcomes Comparison

How do outcomes compare for College of Lake County and Taylor Business Institute? Graduation rate, earnings, and student loan debt are common indicators. The bullets below summarize the same federal outcomes fields as the comparison table (College Scorecard / IPEDS where applicable).

• Graduates from College of Lake County earn a median of about $11,600 more per year than Taylor Business Institute graduates about ten years after starting college ($35,800 vs. $24,200), per the same Scorecard earnings definition.
• Among federal student loan borrowers, College of Lake County graduates have a $14,294 lower median loan debt than Taylor Business Institute graduates ($5,500 vs. $19,794).
• Among borrowers, College of Lake County graduates have an estimated $148 lower median monthly federal student loan payment than Taylor Business Institute graduates ($56 vs. $204).
• More College of Lake County graduates are actively paying back their federal student loan debt than former Taylor Business Institute students, three years after graduation. (47% vs. 11%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/. Values reflect the most recent year available in our dataset.