Analysis
With an estimated debt-to-earnings ratio of 0.57, Millikin's marketing program appears manageable on paper—similar Illinois programs suggest graduates carry roughly $24,500 in debt against first-year earnings of $43,300. That debt load sits right at the state median and could be paid off within a few years of disciplined budgeting. However, the earnings estimate also reflects the state median, which means there's no signal that Millikin is outperforming or underperforming its peers in placement outcomes.
What should concern you is the opportunity cost. Comparable programs in Illinois show a wide range of actual reported outcomes, with state flagships and competitors producing first-year earnings from the low $50,000s to nearly $70,000. That $8,000-$25,000 annual gap compounds quickly over a career. Without visibility into Millikin's specific graduate outcomes—whether due to small cohort sizes or other factors—you're essentially betting on the average without knowing if this program delivers above or below it. The school's 54% admission rate and average SAT of 1050 suggest it's accessible but not particularly selective, which may or may not correlate with employer perceptions or alumni network strength in marketing roles.
If your child is committed to Millikin for fit or financial aid reasons, the estimated numbers aren't alarming. But if career outcomes are the priority, programs with transparent, strong placement data deserve serious consideration before committing.
Where Millikin University Stands
Earnings vs. debt across all marketing bachelors's programs nationally
Compare to Similar Programs in Illinois
Marketing bachelors's programs at peer institutions in Illinois (37 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $26,892 | $43,320* | — | $24,509* | — | |
| $16,004 | $69,273* | $78,864 | $20,000* | 0.29 | |
| $55,704 | $56,684* | — | —* | — | |
| $16,021 | $51,687* | $63,704 | $20,500* | 0.40 | |
| $12,700 | $51,137* | $59,336 | $23,875* | 0.47 | |
| $51,716 | $51,065* | $73,410 | $25,000* | 0.49 | |
| National Median | — | $44,728* | — | $24,267* | 0.54 |
Career Paths
Occupations commonly associated with marketing graduates
Advertising and Promotions Managers
Marketing Managers
Sales Managers
Fundraising Managers
Web and Digital Interface Designers
Video Game Designers
Business Teachers, Postsecondary
Market Research Analysts and Marketing Specialists
Search Marketing Strategists
Fundraisers
Survey Researchers
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 23 similar programs in IL. Actual outcomes may vary.