International Business (Bachelor's Degree) at Millikin University

Est. Earnings (1yr)

$52,424

Est. from IL median (4 programs)

Est. Median Debt

$25,000

Est. from national median (33 programs)

Analysis

Similar international business programs in Illinois suggest first-year earnings around $52,400—solidly above the national median for this field and competitive with reported outcomes at Bradley and Illinois State. The estimated $25,000 debt load translates to a manageable debt-to-earnings ratio of 0.48, meaning monthly payments would likely consume less than 5% of gross income under standard repayment plans.

The challenge here is uncertainty. With too few Millikin graduates in this program to generate actual data, you're betting on estimates drawn from peer institutions across Illinois. Those peer outcomes vary dramatically—Loyola graduates earn nearly 50% more than Augustana graduates in the same major. Millikin's 35% Pell Grant population and mid-range selectivity suggest it serves a broader economic spectrum than some peers, which could influence both employment networks and starting salaries.

The national context is reassuring: international business programs nationwide produce median earnings around $50,000, and Millikin's estimated outcomes align with that baseline. The estimated debt is also right at the state and national median, avoiding the trap of excessive borrowing. If your child is serious about international business and Millikin offers specific advantages—study abroad partnerships, corporate connections in the region, or a cultural fit—the financial projections don't raise red flags. Just understand you're working with educated guesses rather than this program's track record.

Where Millikin University Stands

Earnings vs. debt across all international business bachelors's programs nationally

Compare to Similar Programs in Illinois

International Business bachelors's programs at peer institutions in Illinois (16 total in state)

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School	In-State Tuition	Earnings (1yr)*	Earnings (4yr)	Median Debt*	Debt/Earnings
Millikin UniversityDecatur	$26,892	$52,424*	—	$25,000*	—
Loyola University ChicagoChicago	$51,716	$55,496*	—	$25,000*	0.45
Illinois State UniversityNormal	$16,021	$52,491*	$60,942	$19,059*	0.36
Bradley UniversityPeoria	$39,680	$52,357*	—	—*	—
Augustana CollegeRock Island	$49,834	$37,350*	—	$25,500*	0.68
National Median	—	$49,890*	—	$23,472*	0.47

* Estimated from similar programs

Career Paths

Occupations commonly associated with international business graduates

Chief Executives

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

$105,350/yrJobs growth:Bachelor's degree

Chief Sustainability Officers

Communicate and coordinate with management, shareholders, customers, and employees to address sustainability issues. Enact or oversee a corporate sustainability strategy.

$105,350/yrJobs growth:Bachelor's degree

General and Operations Managers

Plan, direct, or coordinate the operations of public or private sector organizations, overseeing multiple departments or locations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services. Usually manage through subordinate supervisors. Excludes First-Line Supervisors.

$105,350/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Business Operations Specialists, All Other

All business operations specialists not listed separately.

Business Continuity Planners

Develop, maintain, or implement business continuity and disaster recovery strategies and solutions, including risk assessments, business impact analyses, strategy selection, and documentation of business continuity and disaster recovery procedures. Plan, conduct, and debrief regular mock-disaster exercises to test the adequacy of existing plans and strategies, updating procedures and plans regularly. Act as a coordinator for continuity efforts after a disruption event.

Sustainability Specialists

Address organizational sustainability issues, such as waste stream management, green building practices, and green procurement plans.

Online Merchants

Conduct retail activities of businesses operating exclusively online. May perform duties such as preparing business strategies, buying merchandise, managing inventory, implementing marketing activities, fulfilling and shipping online orders, and balancing financial records.

Security Management Specialists

Conduct security assessments for organizations, and design security systems and processes. May specialize in areas such as physical security or the safety of employees and facilities.

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 4 similar programs in IL. Actual outcomes may vary.