Median Earnings (1yr)
$73,156
41st percentile (60th in IL)
Median Debt
$26,534
2% below national median
Debt-to-Earnings
0.36
Manageable
Sample Size
68
Adequate data

Analysis

McKendree's nursing program produces outcomes that sit right at the Illinois median but trail several regional competitors by notable margins. The starting salary of $73,156 matches the state median exactly, yet nearby schools like Chamberlain ($83,188) and Governors State ($80,391) deliver 12-14% higher earnings. While McKendree ranks in the 60th percentile statewide, that still means 40% of Illinois nursing programs offer better financial outcomes—a relevant comparison since most students will stay in-state for nursing jobs.

The debt picture is manageable with a 0.36 debt-to-earnings ratio, meaning graduates can reasonably expect to handle their loan payments. Earnings growth to $82,082 after four years shows solid progression, though you're still starting from a lower baseline than you'd get at several comparable Illinois schools. For a family weighing McKendree against state alternatives, the question becomes whether the school's other qualities—campus experience, clinical placements, location—justify accepting $7,000-10,000 less in starting salary.

If your child has admission offers from Governors State or the stronger programs in the Chicago area, those deliver measurably better financial returns. McKendree works as a functional path into nursing, but it's not maximizing earning potential compared to readily available alternatives in Illinois.

Where McKendree University Stands

Earnings vs. debt across all registered nursing, nursing administration, nursing research and clinical nursing bachelors's programs nationally

McKendree UniversityOther registered nursing, nursing administration, nursing research and clinical nursing programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How McKendree University graduates compare to all programs nationally

McKendree University graduates earn $73k, placing them in the 41th percentile of all registered nursing, nursing administration, nursing research and clinical nursing bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Illinois

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing bachelors's programs at peer institutions in Illinois (41 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
McKendree University$73,156$82,082$26,5340.36
Chamberlain University-Illinois$83,188$81,995$39,1460.47
Governors State University$80,391$97,713$27,3420.34
Benedictine University$80,136$81,995$17,1880.21
Saint Xavier University$78,285$74,864$27,1880.35
Loyola University Chicago$76,869$77,492$27,0000.35
National Median$74,888—$27,0000.36

Other Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing Programs in Illinois

Compare tuition, earnings, and debt across Illinois schools

SchoolIn-State TuitionEarnings (1yr)Debt
Chamberlain University-Illinois
Addison
$20,604$83,188$39,146
Governors State University
University Park
$11,320$80,391$27,342
Benedictine University
Lisle
$34,290$80,136$17,188
Saint Xavier University
Chicago
$36,840$78,285$27,188
Loyola University Chicago
Chicago
$51,716$76,869$27,000

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.

Sample Size: Based on 68 graduates with reported earnings and 87 graduates with debt data. Small samples may not be representative.