Analysis
Illinois tech hubs favor graduates from flagship universities, and the comparison here is stark. While similar computer science programs across Illinois suggest first-year earnings around $71,000—slightly above the national median—University of Illinois grads start at $124,500. That's a $53,000 annual difference right out of the gate, and in a field where early career momentum often determines long-term trajectory.
The estimated $26,000 debt load tracks closely with state and national norms for computer science bachelor's programs, yielding a manageable 0.36 debt-to-earnings ratio based on comparable Illinois schools. That's reasonable compared to many majors, but the opportunity cost looms large. Tech employers—especially those offering six-figure entry salaries—recruit heavily at flagship programs, and breaking into those networks from a smaller campus requires exceptional hustle: competitive internships, strong GitHub portfolios, and demonstrated skills that command attention.
If your child thrives in smaller class settings and won't accumulate significantly more debt than the state average, Millikin could work—provided they're self-directed about building their resume beyond coursework. But if proximity to top-tier tech recruiting matters, and if comparable net costs are achievable at a higher-ranked program, those initial salary differences compound dramatically over a career. The math gets harder to justify when peer programs produce similar outcomes but without the flagship's built-in advantages.
Where Millikin University Stands
Earnings vs. debt across all computer science bachelors's programs nationally
Compare to Similar Programs in Illinois
Computer Science bachelors's programs at peer institutions in Illinois (41 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $26,892 | $71,355* | — | $26,000* | — | |
| $16,004 | $124,530* | $143,775 | $20,500* | 0.16 | |
| $66,939 | $117,578* | $175,145 | —* | — | |
| $65,997 | $99,981* | $130,650 | $14,600* | 0.15 | |
| $51,763 | $86,005* | $103,119 | $23,250* | 0.27 | |
| $43,930 | $81,470* | — | —* | — | |
| National Median | — | $70,950* | — | $23,374* | 0.33 |
Career Paths
Occupations commonly associated with computer science graduates
Computer and Information Systems Managers
Computer and Information Research Scientists
Software Developers
Software Quality Assurance Analysts and Testers
Information Security Analysts
Database Architects
Data Warehousing Specialists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Computer Programmers
Web Developers
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.
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 median of 24 similar programs in IL. Actual outcomes may vary.