Analysis
A debt-to-earnings ratio of 0.70 suggests McKendree's education program may be manageable financially, though with an important caveat: both the $38,660 first-year salary and $27,000 debt load are estimates drawn from similar bachelor's programs nationally, not McKendree's actual graduate outcomes. For context, these estimates sit right at the national medians for education degrees—$38,660 in earnings and $26,522 in debt. That's neither impressive nor alarming, but it does mean your child would need roughly seven months of gross income to cover their debt, assuming they secure a teaching position immediately after graduation.
The challenge with teaching degrees is that starting salaries are largely determined by district pay scales rather than where you earned your degree. Illinois districts vary widely in compensation, so location matters more than prestige here. With 29% of McKendree students on Pell grants, the school serves a mix of economic backgrounds, but without actual placement rates or salary data from McKendree specifically, you're operating on limited information about how their graduates fare in the competitive Illinois teaching market.
Before committing, contact McKendree's education department directly for their graduate employment statistics and average starting salaries—data they should have even if the DOE doesn't publish it. If they can't provide those figures, that's itself a red flag. The estimated numbers suggest reasonable debt, but you need real outcomes to judge whether this particular program delivers value.
Where McKendree University Stands
Earnings vs. debt across all education bachelors's programs nationally
Compare to Similar Programs Nationally
Education bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $34,070 | $38,660* | — | $27,000* | — | |
| $8,886 | $68,730* | — | $26,556* | 0.39 | |
| $12,186 | $60,288* | — | —* | — | |
| $11,728 | $57,410* | — | $13,250* | 0.23 | |
| $19,568 | $56,397* | $40,429 | —* | — | |
| $44,850 | $55,579* | $54,660 | $27,000* | 0.49 | |
| National Median | — | $38,660* | — | $26,522* | 0.69 |
Career Paths
Occupations commonly associated with education graduates
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At McKendree University, approximately 29% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 66 similar programs. Actual outcomes may vary.