Is Millikin University worth it?
Decatur, IL · private-nonprofit
Verdict
Typical students pay $21,989 a year after aid, graduate with $27,000 in federal debt, and earn $43,100 six years after enrolling — an estimated monthly loan payment of $289, with a debt break-even of about 6.3 years.
Net price / year
$21,989
Admission rate
67%
Graduation rate
—
Median debt
$27,000
Earnings (6 yr)
$43,100
Earnings (10 yr)
$51,262
Est. monthly loan payment
$289
Loan-to-income ratio
63%
Debt break-even
6.3 years
How Millikin University compares
FAQ
How much does it cost to attend Millikin University?
The federal average net price after grants and scholarships is $21,989 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.
How much debt do Millikin University graduates typically carry?
Students who complete a program at Millikin University leave with a median federal debt of $27,000, based on the U.S. Department of Education's College Scorecard.
What do Millikin University graduates earn?
Six years after enrolling, former students report median earnings of $43,100, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at Millikin University?
Graduation rate data is not currently published for this school.
Is Millikin University worth the debt?
Based on median debt and 6-year earnings, it would take roughly 6.3 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.
Source: U.S. Department of Education College Scorecard.