Median Earnings (1yr)
$43,331
62nd percentile
40th percentile in Illinois
Median Debt
$27,340
5% above national median

Analysis

Something concerning happens to Millikin's teaching graduates between their first and fourth year in the profession—their median earnings drop 15% to just $37,019. That's a red flag in a field where salaries typically climb with experience and additional education credentials. While graduates start above the national median for teacher education programs, they end up earning roughly $7,000 less than the typical Illinois teaching graduate by year four. Among Illinois education programs, this ranks only in the 40th percentile despite Millikin's higher tuition costs.

The $27,340 debt burden is slightly above state averages, and when paired with those declining mid-career earnings, it creates a challenging financial picture. Teaching salaries in Illinois vary dramatically by district—the state's top programs place graduates earning $61,000 or more—suggesting Millikin may not be placing graduates in the higher-paying suburban districts where teacher compensation is strongest. The moderate sample size means these numbers are reasonably reliable, but the earnings trajectory deserves serious attention.

For families considering Millikin's education program, the key question is whether you're prepared for those fourth-year earnings of $37,000. If your child plans to teach in Illinois, exploring options that better connect to higher-paying districts—or even considering the state's public universities at lower cost—would be worth the conversation before committing to Millikin's price tag.

Where Millikin University Stands

Earnings vs. debt across all teacher education and professional development, specific levels and methods 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

School1 Year4 YearsGrowth
Millikin University$43,331$37,019-15%
University of Illinois Chicago$60,917$52,881-13%
Roosevelt University$47,134$51,349+9%
Concordia University-Chicago$44,618$50,576+13%
Northeastern Illinois University$41,938$50,486+20%

Compare to Similar Programs in Illinois

Teacher Education and Professional Development, Specific Levels and Methods bachelors's programs at peer institutions in Illinois (48 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Millikin UniversityDecatur$26,892$43,331$37,019$27,3400.63
University of Illinois ChicagoChicago$14,338$60,917$52,881$16,7500.27
Loyola University ChicagoChicago$51,716$55,652—$25,0000.45
Elmhurst UniversityElmhurst$41,628$48,105$46,883$24,0640.50
University of Illinois Urbana-ChampaignChampaign$16,004$48,038$45,096$19,5000.41
Wheaton CollegeWheaton$43,930$47,714$44,810$25,0000.52
National Median—$41,809—$26,0000.62

Career Paths

Occupations commonly associated with teacher education and professional development, specific levels and methods graduates

Education Teachers, Postsecondary

Teach courses pertaining to education, such as counseling, curriculum, guidance, instruction, teacher education, and teaching English as a second language. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Training and Development Specialists

Design or conduct work-related training and development programs to improve individual skills or organizational performance. May analyze organizational training needs or evaluate training effectiveness.

$65,850/yrJobs growth:Bachelor's degree

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Middle School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the middle, intermediate, or junior high school level.

$62,970/yrJobs growth:Bachelor's degree

Kindergarten Teachers, Except Special Education

Teach academic and social skills to kindergarten students.

$62,310/yrJobs growth:Bachelor's degree

Elementary School Teachers, Except Special Education

Teach academic and social skills to students at the elementary school level.

$62,310/yrJobs growth:Bachelor's degree

Adult Basic Education, Adult Secondary Education, and English as a Second Language Instructors

Teach or instruct out-of-school youths and adults in basic education, literacy, or English as a Second Language classes, or in classes for earning a high school equivalency credential.

$59,950/yrJobs growth:Bachelor's degree

Preschool Teachers, Except Special Education

Instruct preschool-aged students, following curricula or lesson plans, in activities designed to promote social, physical, and intellectual growth.

$37,120/yrJobs growth:Associate's degree

Postsecondary Teachers, All Other

All postsecondary teachers not listed separately.

Self-Enrichment Teachers

Teach or instruct individuals or groups for the primary purpose of self-enrichment or recreation, rather than for an occupational objective, educational attainment, competition, or fitness.

Teachers and Instructors, All Other

All teachers and instructors not listed separately.

Teaching Assistants, Preschool, Elementary, Middle, and Secondary School, Except Special Education

Assist a preschool, elementary, middle, or secondary school teacher with instructional duties. Serve in a position for which a teacher has primary responsibility for the design and implementation of educational programs and services.

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 43 graduates with reported earnings and 45 graduates with debt data. Small samples may not be representative.