Analysis
Teacher preparation programs in Illinois cluster tightly around $46,000 in first-year earnings, and Millikin's special education graduates appear positioned right at that state median based on peer program outcomes. The estimated $25,000 debt load sits slightly above the state average for this field but remains manageable, translating to a debt-to-earnings ratio of 0.54—well within sustainable territory for a teaching career.
What makes special education distinctive is the immediate job security it offers. Unlike many bachelor's programs where earnings climb significantly over time, teaching salaries start at predictable levels with structured advancement through negotiated salary schedules. The real calculation here isn't about earnings growth potential—it's about whether your child can commit to the work itself, which demands both resilience and genuine interest in working with students who have diverse learning needs. The debt burden at this level shouldn't prevent loan repayment on a teacher's salary, particularly given loan forgiveness programs available to special educators in high-need districts.
The question isn't whether Millikin can deliver comparable outcomes to larger state universities—peer data suggests it likely does. Rather, consider whether the smaller campus environment justifies any premium over University of Illinois or Illinois State, where actual reported outcomes are known and slightly higher. For students who thrive in close-knit settings and need more individualized support during student teaching, that trade-off may be worthwhile.
Where Millikin University Stands
Earnings vs. debt across all special education and teaching bachelors's programs nationally
Compare to Similar Programs in Illinois
Special Education and Teaching bachelors's programs at peer institutions in Illinois (30 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $26,892 | $46,205* | — | $25,000* | — | |
| $16,004 | $51,922* | $61,326 | $18,925* | 0.36 | |
| $20,325 | $48,840* | $47,999 | $35,611* | 0.73 | |
| $16,021 | $48,358* | $49,411 | $20,436* | 0.42 | |
| $14,952 | $46,729* | $44,173 | $25,986* | 0.56 | |
| $12,700 | $46,578* | $49,485 | $21,452* | 0.46 | |
| National Median | — | $44,139* | — | $26,717* | 0.61 |
Career Paths
Occupations commonly associated with special education and teaching graduates
Education Teachers, Postsecondary
Special Education Teachers, Preschool
Special Education Teachers, Middle School
Special Education Teachers, Secondary School
Special Education Teachers, All Other
Adapted Physical Education Specialists
Interpreters and Translators
Special Education Teachers, Kindergarten
Special Education Teachers, Elementary School
Teaching Assistants, Special Education
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 10 similar programs in IL. Actual outcomes may vary.