Private nonprofit · COLLEGE PAYOFF

Millikin University

Decatur, IL · 16 reportable field-and-credential outcomes

10-year estimate · Negative payoff

−$200,036 over 10 years

Modeled from observed year-5 institution earnings and the institution-wide average net price over four years.

With these assumptions, the added earnings do not recover the cost within ten years.

39.5 yrsModeled economic break-even
−75%Modeled 10-year ROI
$51,792Observed earnings · year 5
Not reachedMaximum annual price for positive 10-year payoff
Includes direct price and earnings forgone while studying. Assumes $45,000 in alternative annual earnings and no wage growth. How we calculate it
ECONOMIC INVESTMENT → PAYBACK

Estimated payoff over ten years.

The scenario counts direct price and earnings forgone upfront, then applies the reported annual earnings premium.

10-YEAR PAYOFF CURVECumulative economic payoff after graduation
−$200,036at year 10
Net gainInvestment not yet recovered
NET GAIN$0UNRECOVERED
−$267,9560
2
4
6
8
−$200,03610
Years after graduationBreak-even: 39.5 years
FEDERAL COST DATA

Four ways to read college price.

Annual college-wide figures from the current College Scorecard release. Average net price covers full-time, first-time undergraduates receiving federal aid; public-college figures use in-state students. Program tuition and individual aid offers may differ.

Published in-state tuition$26,892
Sticker price
Published out-of-state tuition$26,892
Sticker price
Average net price$21,989
Title IV student average
Cost of attendance$57,475
Tuition + living budget
PRICE SOURCECollege reported · annual amount · federal dataset
COLLEGE AT A GLANCE

Institution details

Current federal characteristics describing the college—not the outcomes of a specific program.

Accreditor
Higher Learning Commission
Main award level
Bachelor’s degrees
Campus setting
City
Admissions
Selective admission
Delivery
Campus or mixed delivery
Federal designation
No special designation reported
Sources: College Scorecard June 2026 release and IPEDS 2024 institutional characteristics.
OBSERVED FEDERAL MEASURES

Cost, debt, completion and earnings context

$21,989Average net price / year
$57,475Cost of attendance
$27,000Median federal student debt · completer borrowers
$286/moPublished 10-year payment estimate
$51,792Median earnings · year 5 after completion
54.9%Completion rate
66.7%Admission rate
1,382Student size

Institution debt covers federal student-loan borrowers who completed. Parent PLUS and private loans are excluded; missing and privacy-suppressed values remain unavailable.

PRICE BY FAMILY INCOME

Average net price is not one price

Federal averages for aided students in each family-income band. Your aid offer can differ.

$0–30k$18,659
$30–48k$15,629
$48–75k$23,053
$75–110k$24,622
$110k+$27,524
LONGER-TERM CONTEXT

What happens beyond the first earnings measure

Year 5$51,792
Year 6$43,100
Year 10$51,262
Full-time retention
75.0%
Part-time retention
0.0%
Completion within 200% of normal time
58.1%

Earnings timepoints may use different historical cohorts and should not be read as one group’s guaranteed salary growth.

NATIONAL CONTEXT

How this college compares

Percentiles compare this institution with currently operating colleges that report the same federal measure.

66thEarnings percentile
45thCompletion percentile
WHAT STANDS OUT

A faster read on this college

These summaries use only reportable field-and-credential records at this institution. They do not fill privacy-suppressed outcomes.

$52,910Median year-4 earnings across reportable program categories
$27,000Median federal debt across categories that report debt
44%Of earnings-reporting categories above their same-field national benchmark
EARNINGS PATH

Reported earnings over time

$40,104Year 1
$54,115Year 4
$51,792Year 5

Separate federal cohorts may underlie different measurement years.

PROGRAM PAYOFF SPREAD

The college average is not the whole story.

Observed earnings vary substantially by field and credential at the same institution.

1Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing · Doctoral Degree$324,6552Business Administration, Management and Operations · Master's Degree$85,4193Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing · Bachelor's Degree$82,2004Business Administration, Management and Operations · Bachelor's Degree$71,4895Marketing · Bachelor's Degree$71,3996Management Information Systems and Services · Bachelor's Degree$70,8377Biology, General · Bachelor's Degree$64,8348Accounting and Related Services · Bachelor's Degree$60,804

Observed year-4 earnings · compare like fields and credentials before deciding

Strongest relative outcomes

Programs that stand out against the same-degree benchmark

This view rewards performance relative to the same field and credential—not simply majors that pay more everywhere.

1Registered Nursing, Nursing Administration, Nursing Research and Clinical NursingDoctoral Degree · $324,655 reported+135%vs same-degree national medianNot availablefederal debt2Biology, GeneralBachelor's Degree · $64,834 reported+13%vs same-degree national median$20,631federal debt3Business Administration, Management and OperationsBachelor's Degree · $71,489 reported+5%vs same-degree national median$27,000federal debt4MarketingBachelor's Degree · $71,399 reported+3%vs same-degree national medianNot availablefederal debt5Teacher Education and Professional Development, Specific Subject AreasBachelor's Degree · $52,910 reported+3%vs same-degree national median$27,000federal debt6Social WorkBachelor's Degree · $52,870 reported+2%vs same-degree national median$27,000federal debt
BUILD A REAL SHORTLIST

Comparable colleges in IL

Currently operating private nonprofit institutions with the closest combination of annual net price and observed year-5 earnings. Similarity is descriptive—not a quality ranking.

Quincy, IL

Quincy University

Annual net price
$20,359
Observed earnings · year 5
$50,581
Modeled 10-year ROI
-79%
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Palos Heights, IL

Trinity Christian College

Annual net price
$19,125
Observed earnings · year 5
$53,698
Modeled 10-year ROI
-66%
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Jacksonville, IL

Illinois College

Annual net price
$18,298
Observed earnings · year 5
$50,547
Modeled 10-year ROI
-78%
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Chicago, IL

Moody Bible Institute

Annual net price
$22,221
Observed earnings · year 5
$46,456
Modeled 10-year ROI
-95%
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ALL REPORTABLE PROGRAM CATEGORIES

Explore exact field-and-credential outcomes

Federal fieldCredentialEarnings, year 4Federal debt2023–24 awards
Registered Nursing, Nursing Administration, Nursing Research and Clinical NursingDoctoral Degree$324,655Not available16
Business Administration, Management and OperationsMaster's Degree$85,419Not availableNot reported
Registered Nursing, Nursing Administration, Nursing Research and Clinical NursingBachelor's Degree$82,200$27,000Not reported
Business Administration, Management and OperationsBachelor's Degree$71,489$27,00021
MarketingBachelor's Degree$71,399Not availableNot reported
Management Information Systems and ServicesBachelor's Degree$70,837Not availableNot reported
Biology, GeneralBachelor's Degree$64,834$20,631Not reported
Accounting and Related ServicesBachelor's Degree$60,804$28,320Not reported
Teacher Education and Professional Development, Specific Subject AreasBachelor's Degree$52,910$27,000Not reported
Social WorkBachelor's Degree$52,870$27,000Not reported
Sports, Kinesiology, and Physical Education/FitnessBachelor's Degree$48,665$27,000Not reported
Teacher Education and Professional Development, Specific Levels and MethodsBachelor's Degree$45,797$27,340Not reported
Communication and Media StudiesBachelor's Degree$45,444$21,149Not reported
Visual and Performing Arts, OtherBachelor's Degree$43,858$26,000Not reported
MusicBachelor's Degree$43,388$26,996Not reported
Drama/Theatre Arts and StagecraftBachelor's Degree$38,666$27,000Not reported

Awards use first-major IPEDS completions aggregated to the same four-digit field and credential.

Earnings, price, completion and enrollment are observed federal measures. ROI, payoff and break-even are modeled scenarios built from those measures and fixed assumptions. College payoff is not the payoff of every degree at this school; use the program table for a more precise comparison.