Median Earnings (1yr)
$35,413
52nd percentile (40th in IL)
Median Debt
$21,149
15% below national median
Debt-to-Earnings
0.60
Manageable
Sample Size
26
Limited data

Analysis

Millikin's communication program tracks slightly above the national median for first-year earnings but lands below average among Illinois schools—specifically in the 40th percentile statewide. That gap matters in a competitive state market where Northwestern grads earn nearly 50% more, though Millikin's outcomes sit closer to peer liberal arts colleges like Augustana and Elmhurst. The 28% earnings growth to $45,295 by year four shows reasonable career progression, suggesting graduates find their footing after an entry-level period.

The financial picture looks manageable: at $21,149, debt sits about $2,600 below the state median and $4,000 below the national figure. With a debt-to-earnings ratio of 0.60, graduates face roughly seven months of gross income in loans—high enough to feel burdensome but not crushing compared to other communication programs. The small sample size (under 30 graduates tracked) means these numbers could swing significantly with just a few different outcomes, so they're better viewed as directional than definitive.

For families considering Millikin specifically for communications, this represents a middle-ground outcome in Illinois. The debt load won't anchor graduates, but the career trajectory isn't dramatically different from what you'd see at many mid-tier programs. If your student has stronger academic credentials, schools like Lake Forest or Augustana deliver noticeably better starting salaries for similar debt levels.

Where Millikin University Stands

Earnings vs. debt across all communication and media studies bachelors's programs nationally

Millikin UniversityOther communication and media studies 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 Millikin University graduates compare to all programs nationally

Millikin University graduates earn $35k, placing them in the 52th percentile of all communication and media studies 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

Communication and Media Studies bachelors's programs at peer institutions in Illinois (45 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Millikin University$35,413$45,295$21,1490.60
Northwestern University$52,210$77,066$18,1120.35
DeVry University-Illinois$47,622$47,238$56,8581.19
Lake Forest College$42,835$55,601$27,0000.63
Elmhurst University$41,423———
Augustana College$40,806$52,732$26,3750.65
National Median$34,959—$25,0000.72

Other Communication and Media Studies Programs in Illinois

Compare tuition, earnings, and debt across Illinois schools

SchoolIn-State TuitionEarnings (1yr)Debt
Northwestern University
Evanston
$65,997$52,210$18,112
DeVry University-Illinois
Lisle
$17,488$47,622$56,858
Lake Forest College
Lake Forest
$54,202$42,835$27,000
Elmhurst University
Elmhurst
$41,628$41,423—
Augustana College
Rock Island
$49,834$40,806$26,375

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 Millikin University, approximately 35% 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 26 graduates with reported earnings and 32 graduates with debt data. Small samples may not be representative.