Median Earnings (1yr)
$43,936
57th percentile
40th percentile in Illinois
Median Debt
$27,000
3% above national median

Analysis

Millikin's subject-specific teaching program produces graduates who earn slightly above the national median but trail Illinois peers by about $1,700β€”landing in just the 40th percentile statewide. With first-year earnings around $44,000 and manageable debt of $27,000, new teachers can handle their loans on a starting salary. The debt-to-earnings ratio of 0.61 is better than many education programs nationally, thanks in part to that below-average debt burden.

The concern here is stagnation: earnings actually dip slightly by year four rather than growing with experience and advanced teaching credentials. While this modest decline could reflect sample timing or district pay structures, Illinois teachers at higher-performing programs like Northeastern Illinois or Southern Illinois University-Carbondale earn $10,000-$20,000 more annually, suggesting Millikin graduates may face placement challenges or land in lower-paying districts. For context, the state's top programs typically cluster in urban areas or larger school systems with stronger salary schedules.

For an Illinois family, this program offers a solid entry point into teaching without crushing debt, but parents should recognize their graduate will likely earn below what peers from other state universities command. If your child is committed to teaching in Illinois and has strong relationships with specific school districts through Millikin's network, the manageable debt makes this workable. However, comparing job placement rates and typical hiring districts against state flagship options would be wise before committing.

Where Millikin University Stands

Earnings vs. debt across all teacher education and professional development, specific subject areas 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$43,936$42,831-3%
Southern Illinois University-Carbondale$54,215$60,744+12%
University of Illinois Chicago$47,292$56,110+19%
DePaul University$44,068$51,978+18%
Elmhurst University$46,789$51,697+10%

Compare to Similar Programs in Illinois

Teacher Education and Professional Development, Specific Subject Areas bachelors's programs at peer institutions in Illinois (43 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Millikin UniversityDecatur$26,892$43,936$42,831$27,0000.61
Northeastern Illinois UniversityChicago$12,383$63,615β€”$25,2500.40
Southern Illinois University-CarbondaleCarbondale$13,244$54,215$60,744$21,1820.39
North Central CollegeNaperville$44,394$48,074β€”$27,0000.56
University of Illinois ChicagoChicago$14,338$47,292$56,110$17,1250.36
University of Illinois Urbana-ChampaignChampaign$16,004$46,897$47,132$21,5000.46
National Medianβ€”$43,082β€”$26,2210.61

Career Paths

Occupations commonly associated with teacher education and professional development, specific subject areas graduates

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:

Computer Science Teachers, Postsecondary

Teach courses in computer science. May specialize in a field of computer science, such as the design and function of computers or operations and research analysis. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Mathematical Science Teachers, Postsecondary

Teach courses pertaining to mathematical concepts, statistics, and actuarial science and to the application of original and standardized mathematical techniques in solving specific problems and situations. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Agricultural Sciences Teachers, Postsecondary

Teach courses in the agricultural sciences. Includes teachers of agronomy, dairy sciences, fisheries management, horticultural sciences, poultry sciences, range management, and agricultural soil conservation. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Biological Science Teachers, Postsecondary

Teach courses in biological sciences. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Forestry and Conservation Science Teachers, Postsecondary

Teach courses in forestry and conservation science. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Atmospheric, Earth, Marine, and Space Sciences Teachers, Postsecondary

Teach courses in the physical sciences, except chemistry and physics. Includes both teachers primarily engaged in teaching, and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Chemistry Teachers, Postsecondary

Teach courses pertaining to the chemical and physical properties and compositional changes of substances. Work may include providing instruction in the methods of qualitative and quantitative chemical analysis. Includes both teachers primarily engaged in teaching, and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Environmental Science Teachers, Postsecondary

Teach courses in environmental science. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Physics Teachers, Postsecondary

Teach courses pertaining to the laws of matter and energy. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Geography Teachers, Postsecondary

Teach courses in geography. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Psychology Teachers, Postsecondary

Teach courses in psychology, such as child, clinical, and developmental psychology, and psychological counseling. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:
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 41 graduates with reported earnings and 41 graduates with debt data. Small samples may not be representative.