Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing at Millikin University
Bachelor's Degree
millikin.eduAnalysis
Millikin's nursing program sits in the bottom half of Illinois options, with first-year earnings of $71,848 trailing both the state median ($73,156) and most peer programs. More concerning is the trajectory: by year four, earnings drop to $66,854βa 7% decline when most nursing careers should be gaining momentum. Among the 41 Illinois nursing programs, this ranks in just the 40th percentile, meaning six out of ten alternatives deliver stronger outcomes.
The $27,000 debt load is exactly average for nursing programs, both nationally and in Illinois, yielding a reasonable 0.38 debt-to-earnings ratio. You're not overpaying for the credential itself. The real question is why graduates start below the market rate and then move backward. This pattern could reflect regional job market limitations in Decatur, difficulty securing specialty positions that command higher pay, or simply a cohort that values flexibility over income growth. Whatever the cause, it's not the typical nursing earnings arc.
For an in-state family paying private tuition, stronger options exist throughout Illinois. Governors State delivers $80,391 in first-year earnings with similar debt. If your student is set on Millikin's smaller campus environment, understand they're accepting below-average Illinois nursing outcomesβworkable financially, but not the career launcher you'd hope for at this price point.
Where Millikin University Stands
Earnings vs. debt across all registered nursing, nursing administration, nursing research and clinical nursing bachelors's programs nationally
Earnings Distribution
How Millikin University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Millikin University | $71,848 | $66,854 | -7% |
| 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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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $26,892 | $71,848 | $66,854 | $27,000 | 0.38 | |
| $20,604 | $83,188 | $81,995 | $39,146 | 0.47 | |
| $11,320 | $80,391 | $97,713 | $27,342 | 0.34 | |
| $34,290 | $80,136 | $81,995 | $17,188 | 0.21 | |
| $36,840 | $78,285 | $74,864 | $27,188 | 0.35 | |
| $51,716 | $76,869 | $77,492 | $27,000 | 0.35 | |
| National Median | β | $74,888 | β | $27,000 | 0.36 |
Career Paths
Occupations commonly associated with registered nursing, nursing administration, nursing research and clinical nursing graduates
Nurse Anesthetists
Nurse Midwives
Nurse Practitioners
Medical and Health Services Managers
Registered Nurses
Acute Care Nurses
Advanced Practice Psychiatric Nurses
Critical Care Nurses
Clinical Nurse Specialists
Nursing Instructors and Teachers, Postsecondary
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 69 graduates with reported earnings and 66 graduates with debt data. Small samples may not be representative.