Median Earnings (1yr)
$67,809
16th percentile
40th percentile in Illinois
Median Debt
$46,375
72% above national median

Analysis

Methodist College's nursing program lands squarely in the middle of Illinois options—40th percentile statewide—but carries debt levels that rank among the highest 5% nationally. At $46,375, graduates leave with nearly double the typical debt for nursing programs ($27,000), while first-year earnings of $67,809 trail both the state median ($73,156) and national average ($74,888) by roughly $6,000. That's a meaningful gap when you're managing loan payments that will be significantly steeper than your peers'.

The bigger concern is where earnings head from there. Rather than growing with experience, median pay actually drops to $63,485 by year four—a 6% decline that's unusual for nursing. Meanwhile, nearby alternatives like Governors State ($80,391) and Saint Xavier ($78,285) deliver substantially higher earnings, typically with lower debt loads. The school serves a primarily middle- and lower-income student body (56% receive Pell grants), but those students are graduating with debt burdens that will take considerably longer to pay down than at comparable programs.

For families willing to consider other Illinois nursing schools, you'll likely find better combinations of lower debt and higher earning potential. If Methodist College offers unique advantages—location, scheduling flexibility, or specific clinical partnerships—the premium might make sense, but the financial fundamentals don't compare favorably to state alternatives.

Where Methodist College Stands

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

Earnings Distribution

How Methodist College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Methodist College$67,809$63,485-6%
Governors State University$80,391$97,713+22%
Rasmussen University-Illinois$74,861$82,469+10%
McKendree University$73,156$82,082+12%
Benedictine University$80,136$81,995+2%

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)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Methodist CollegePeoria$18,008$67,809$63,485$46,3750.68
Chamberlain University-IllinoisAddison$20,604$83,188$81,995$39,1460.47
Governors State UniversityUniversity Park$11,320$80,391$97,713$27,3420.34
Benedictine UniversityLisle$34,290$80,136$81,995$17,1880.21
Saint Xavier UniversityChicago$36,840$78,285$74,864$27,1880.35
Loyola University ChicagoChicago$51,716$76,869$77,492$27,0000.35
National Median—$74,888—$27,0000.36

Career Paths

Occupations commonly associated with registered nursing, nursing administration, nursing research and clinical nursing graduates

Nurse Anesthetists

Administer anesthesia, monitor patient's vital signs, and oversee patient recovery from anesthesia. May assist anesthesiologists, surgeons, other physicians, or dentists. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Nurse Midwives

Diagnose and coordinate all aspects of the birthing process, either independently or as part of a healthcare team. May provide well-woman gynecological care. Must have specialized, graduate nursing education.

$132,050/yrJobs growth:Master's degree

Nurse Practitioners

Diagnose and treat acute, episodic, or chronic illness, independently or as part of a healthcare team. May focus on health promotion and disease prevention. May order, perform, or interpret diagnostic tests such as lab work and x rays. May prescribe medication. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Medical and Health Services Managers

Plan, direct, or coordinate medical and health services in hospitals, clinics, managed care organizations, public health agencies, or similar organizations.

$117,960/yrJobs growth:Bachelor's degree

Registered Nurses

Assess patient health problems and needs, develop and implement nursing care plans, and maintain medical records. Administer nursing care to ill, injured, convalescent, or disabled patients. May advise patients on health maintenance and disease prevention or provide case management. Licensing or registration required.

$93,600/yrJobs growth:Bachelor's degree

Acute Care Nurses

Provide advanced nursing care for patients with acute conditions such as heart attacks, respiratory distress syndrome, or shock. May care for pre- and post-operative patients or perform advanced, invasive diagnostic or therapeutic procedures.

$93,600/yrJobs growth:Bachelor's degree

Advanced Practice Psychiatric Nurses

Assess, diagnose, and treat individuals and families with mental health or substance use disorders or the potential for such disorders. Apply therapeutic activities, including the prescription of medication, per state regulations, and the administration of psychotherapy.

$93,600/yrJobs growth:Bachelor's degree

Critical Care Nurses

Provide specialized nursing care for patients in critical or coronary care units.

$93,600/yrJobs growth:Bachelor's degree

Clinical Nurse Specialists

Direct nursing staff in the provision of patient care in a clinical practice setting, such as a hospital, hospice, clinic, or home. Ensure adherence to established clinical policies, protocols, regulations, and standards.

$93,600/yrJobs growth:Bachelor's degree

Nursing Instructors and Teachers, Postsecondary

Demonstrate and teach patient care in classroom and clinical units to nursing students. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:
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 Methodist College, approximately 56% 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 265 graduates with reported earnings and 280 graduates with debt data. Small samples may not be representative.