Columbia College vs. MSB-Lakeville

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

Columbia College MSB-Lakeville
Location Chicago, IL Lakeville, MN
Setting Large City Large Suburban
Enrollment 6,646 140
Type Private 4 Year Private 4 Year
National Ranking
Religious Affiliation - - - -
Status Non-profit For-profit
Website colum.edu msbcollege.edu
Team Colors                    

Costs

Columbia College MSB-Lakeville
Tuition (In State) $29,270 $14,040
Tuition (Out of State) $29,270 $14,040
Room & Board $18,000 $5,472
Avg Net Price $28,387 $18,889
Avg Grant Aid $18,020 $5,472
% Receiving Grant Aid 99% 94%

Admission

Columbia College MSB-Lakeville
Admission Chances Calculate Calculate
Applied 7,701 -
Admitted 7,298 -
Acceptance Rate 94.8%Open Open
Enrolled % 22%Open Open
Avg High School GPA 3.41 -
Typical High School Grades B+ -
Admissions Standards Unavailable Unavailable
Applicant Competition
ACT Range
SAT Range
Submit Test Scores Not considered for admission, even if submitted (Test Blind) Not applicable
Application Deadline Aug 1, 2025

Academics

Columbia College MSB-Lakeville
Student to Faculty Ratio 15:1 0:1
Popular Majors
  • Visual and Performing Arts (63%)
  • Communication (12%)
  • Business (9%)
  • Communications Technology (6%)
  • English and Literature (5%)
  • Business (59%)
  • Legal Professions (17%)
  • Health Professions (14%)
  • Computer and Information Sciences (7%)
  • Homeland Security, Law Enforcement, Firefighting (3%)

Outcomes

Columbia College MSB-Lakeville
Graduation Rate 41% -
Median Earnings (After 10 years) $37,300 $35,300
Making Student Loan Payments 46% 42%
Median Student Loan Debt $26,000 $26,325
Median Loan Payment $268 $272

Diversity

Columbia College MSB-Lakeville
% Men 40% 0%
% Women 60% 0%
Racial Diversity High Low
HBCU No No
% White 55% 78%
% Black 15% 4%
% Hispanic 11% 3%
% Native American 0% 4%
% Pacific Islander 0% 1%
% Two or More Races 5% 0%
% International 3% 0%
% Unknown Race 7% 9%

Students

Columbia College MSB-Lakeville
% In-State 57% -
% Out-of-State 40% -

Campus

Columbia College MSB-Lakeville
Campus Housing Yes No
Freshman Dorm Required No No
Meal Plan Yes No
Weekend/Evening Classes No Yes
Daycare Facility No No
Learn More Details Details

Comparable Facts

  • Columbia College Chicago is larger than than MSB-Lakeville based on total student enrollment (6,646 students vs. 140 students)

Columbia College vs. MSB-Lakeville Cost Comparison

Which college is more expensive, Columbia College or MSB-Lakeville?

  • Columbia College Chicago is 108.5% more expensive to attend than MSB-Lakeville for in-state tuition ($29,270.00 vs. $14,040.00)
  • Out of state tuition is 108.5% higher at Columbia College than Minnesota School of Business Lakeville ($29,270.00 vs. $14,040.00)
  • The typical actual cost that students pay to attend (average net price) is less at Minnesota School of Business Lakeville than Columbia College ($18,889 vs. $28,387)
  • Living costs (room and board or off-campus housing budget) at Minnesota School of Business Lakeville are 228.9% lower than costs at Columbia College Chicago ($5,472 vs. $18,000)
  • More students receive financial grant aid at Columbia College Chicago than Minnesota School of Business Lakeville (99% vs. 94%)
  • The average total grant financial aid received by Columbia College Chicago students is 229.3% larger than aid received Minnesota School of Business Lakeville ($18,020 vs. $5,472)

Which college is harder to get into, Columbia College or MSB-Lakeville? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between MSB-Lakeville or Columbia College .

Columbia College vs. MSB-Lakeville Graduation Outcomes Comparison

Which is better, Columbia College or MSB-Lakeville? 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 MSB-Lakeville and Columbia College.

  • Graduates from Columbia College Chicago earn on average $2,000 more per year than MSB-Lakeville graduates after ten years. ($37,300 vs. $35,300)
  • Columbia College Chicago students graduate with a $325 lower median federal student loan debt than MSB-Lakeville graduates. ($26,000 vs. $26,325)
  • Columbia College graduates are paying $4 less per month on federal student loans than MSB-Lakeville graduates. ($268 vs. $272)
  • More Columbia College graduates are actively paying back their federal student loan debt than former MSB-Lakeville students, three years after graduation. (46% vs. 42%)

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