Lake Forest College is a small private liberal arts college located in Lake Forest, IL ranked 255th in America. It has a total of 1,611 full-time undergraduate students and is not very competitive, accepting something like five in every nine applicants. Lake Forest College offers 40 different majors and is best known for its Asian Studies, Business, and Liberal Arts and Sciences programs (nationally ranked 20th, 36th, and 48th respectively). With an annual tuition of $47,680 per year, Lake Forest College is exceptionally pricey. 71.06% of students graduate beginning the next chapter of their lives, employment. After finishing college, alumni go on to take home close to $50,900 per year, which is 23% over the national median.