Millikin University
Decatur, Illinois
A 0–100 composite of ROI, graduate earnings, net price, debt and graduation rate. How it’s scored.
Estimated for a typical student paying the average net price over 4 years.
On these figures the cost and debt outweigh the earnings premium.
The numbers behind the verdict
Lifetime ROI: the long view
Cumulative net gain over a high-school-only earner at different career lengths, with tuition and debt interest already subtracted. Built on IRS-verified federal earnings — not self-reported surveys.
Conservative: holds year-5 earnings flat (no raises). Adjust the assumptions, or see the highest 20-year ROI colleges.
Equity & access
Who the college serves and whether the payoff reaches everyone — earnings ten years after starting (IRS-linked), with access measures from federal enrollment data.
7% gap between the two groups
6% gap between the two groups
4% gap between the two groups
Undergraduate enrollment by race/ethnicity. Federal data does not report earnings by race.
Net price by family income
What students actually pay after grants and scholarships, by household income as of 2024.
| Family income | Average net price / yr |
|---|---|
| Family income $0–$30k | $18,659 |
| $30k–$48k | $15,629 |
| $48k–$75k | $23,053 |
| $75k–$110k | $24,622 |
| $110k+ | $27,524 |
How Millikin University compares
This college against the Illinois and national averages — higher earnings and lower cost/debt are better.
Graduate earnings over time
Median earnings of Millikin University students 10 years after entering, by cohort year as of 2024.
Best-paying majors at Millikin University
Fields of study ranked by their own ROI — earnings five years after graduating against the cost and debt. Click a major for the deep dive.
| Major | Credential | Earnings (5 yr) | Median debt | 10-yr ROI | Verdict |
|---|---|---|---|---|---|
| Management Information Systems and Services | Associate's | $94,021 | — | +1,015% | Strong return |
| Business Administration, Management and Operations | Certificate | $110,548 | $41,000 | +537% | Strong return |
| Marketing | Associate's | $72,026 | — | +515% | Strong return |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing | Associate's | $77,191 | $27,000 | +498% | Strong return |
| Accounting and Related Services | Associate's | $62,366 | $26,926 | +223% | Strong return |
| Biology, General | Associate's | $59,952 | $20,631 | +190% | Strong return |
| Business Administration, Management and Operations | Associate's | $59,166 | $27,000 | +163% | Strong return |
| Social Work | Associate's | $53,182 | $26,500 | +53% | Break-even |
| Psychology, General | Associate's | $48,700 | — | -16% | Poor return |
| Teacher Education and Professional Development, Specific Subject Areas | Associate's | $49,259 | $27,000 | -21% | Poor return |
| Communication and Media Studies | Associate's | $47,358 | $21,149 | -54% | Poor return |
| Fine and Studio Arts | Associate's | $45,765 | — | -83% | Poor return |
| Sports, Kinesiology, and Physical Education/Fitness | Associate's | $42,885 | $27,000 | -139% | Poor return |
| Teacher Education and Professional Development, Specific Levels and Methods | Associate's | $40,735 | $25,446 | -180% | Poor return |
| Music | Associate's | $38,433 | $26,996 | -222% | Poor return |
| Drama/Theatre Arts and Stagecraft | Associate's | $35,442 | $27,000 | -278% | Poor return |
Calculate your own ROI
Adjust the assumptions for your situation — the verdict, break-even and chart update live.
ROI at Millikin University
Estimates from federal data; your result will vary. How this works.
Admissions & profile
Location
Source: U.S. Department of Education, College Scorecard. ROI is computed by Degree Return — see how. Read the methodology. Data as of 2024.
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