Two ratings: the overall grade compares colleges the conventional way (outcomes, cost, resources, experience, reputation). The Outcome Rating asks what students earn: 60% wage-adjusted earnings 10 years after enrolling, 25% graduation, 15% retention. Methodology
Quick Stats
Earnings, Debt & Completion
What happens to students who enroll at Millikin University, from the U.S. Department of Education’s College Scorecard.
Typical debt at graduation equals about 53% of one year’s median earnings ten years after entry.
Earnings rank: 30th percentile among bachelor’s-degree-focused colleges after a partial adjustment for local wage levels (IL wage index 1.04). This drives the Outcome Rating.
Source: U.S. Department of Education College Scorecard, retrieved Oct 2026. Earnings are for federally aided students who enrolled, whether or not they graduated.
Earnings by Major at Millikin University
Median pay of bachelor's degree graduates by field of study, and how each program ranks against every college reporting that major — by raw pay and adjusted for state wage levels. Same school, very different paychecks.
| Major | 1 yr after | 4 yrs after | vs. national | Rank (pay) | Rank (wage-adj.) | Median debt |
|---|---|---|---|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing | $71,848 | $82,200 | -8% | #640 of 966 | #808 | $27,000 |
| Business Administration, Management and Operations | $46,431 | $71,489 | +5% | #327 of 1176 | #396 | $27,000 |
| Marketing | — | $71,399 | +3% | #168 of 516 | #211 | — |
| Management Information Systems and Services | — | $70,837 | -15% | #133 of 166 | #139 | — |
| Biology | — | $64,834 | +13% | #198 of 841 | #232 | $20,631 |
| Accounting and Related Services | $51,680 | $60,804 | -20% | #700 of 796 | #730 | $26,926 |
| Teacher Education and Professional Development, Specific Subject Areas | $43,936 | $52,910 | +3% | #123 of 345 | #193 | $27,000 |
| Social Work | $41,543 | $52,870 | +2% | #182 of 420 | #265 | $26,500 |
| Sports, Kinesiology, and Physical Education/Fitness | $26,065 | $48,665 | -11% | #451 of 610 | #512 | $27,000 |
| Teacher Education and Professional Development, Specific Levels and Methods | $43,331 | $45,797 | -3% | #453 of 680 | #572 | $25,446 |
| Communication and Media Studies | $35,413 | $45,444 | -19% | #552 of 660 | #587 | $21,149 |
| Visual and Performing Arts | $22,815 | $43,858 | -8% | #9 of 10 | #9 | $26,000 |
| Music | $21,138 | $43,388 | +1% | #135 of 268 | #151 | $26,996 |
| Drama/Theatre Arts and Stagecraft | $24,013 | $38,666 | -3% | #155 of 255 | #163 | $27,000 |
Source: U.S. Department of Education College Scorecard, field-of-study data. Earnings are for graduates who received federal aid and were working; small programs are not reported.
The Millikin University Town Property Report
- Avg home value near campus: $91,808
- Avg rent near campus: $890/mo — vs ~$1,086/mo campus room rate
- Top nearby ZIP by cap rate: 62522 (7.6% cap, Decatur)
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Costs & Financial Aid
Tuition & Fees
| Category | In-State | Out-of-State |
|---|---|---|
| Tuition | $42,778 | $42,778 |
| Room | $9,776 | |
| Board | $3,140 | |
| Total Cost (On-Campus) | $60,100 | $60,100 |
Financial Aid
Programs & Career Paths
Top Degree Programs
Programs ranked by number of degrees awarded annually.
Related Career Paths
Careers that graduates from Millikin University's top programs commonly pursue.
Student Demographics
👥 Race & Ethnicity
🏠 Living Arrangements
💻 Learning Mode
📊 Age Distribution
Frequently Asked Questions
What is the acceptance rate at Millikin University?
How much does it cost to attend Millikin University?
What is the graduation rate at Millikin University?
Is Millikin University a good school?
- Outcomes (B): Graduation and retention rates
- Affordability (F): Net cost and financial aid access
- Resources (B): Class sizes and selectivity
- Experience (B+): Campus life and learning format
- Prestige (D): Reputation and recognition
How many students attend Millikin University?
Deciding between a dorm and buying near campus? Run the numbers for Millikin University — four years of dorm costs vs. owning, including what you’d recover at resale. Buy vs Dorm calculator →
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Data source: IPEDS 2023-24 | Last updated: October 2026 | Methodology