Millikin University
Decatur, Illinois
Millikin University is a private institution in Decatur, Illinois with 1,458 undergraduate students. For nursing students, the useful read is not just whether a program exists, but how its tuition, completion rates, debt, and earnings compare with nearby options.
In-state tuition is $26,892 compared with a Illinois nursing-school average of $17,333. The school reports a graduation rate of 59.1%, median earnings of $51,262, and median federal debt of $27,000.
$26,892 is higher than the state average of $17,333.
59.1% is higher than the state average of 51.1%.
$51,262 is higher than the state average of $46,394.
About Millikin University
| Location | Decatur, Illinois |
| Institution Type | Private Nonprofit |
| Highest Degree | graduate |
| Website | millikin.edu |
| In-State Tuition | $26,892 |
| Out-of-State Tuition | $43,670 |
| Total Enrollment | 1,458 |
| Acceptance Rate | 54.0% |
| Graduation Rate | 59.1% |
| Retention Rate | 73.8% |
| Median Earnings (10 yrs after) | $51,262 |
| Median Debt at Graduation | $27,000 |
| Est. Monthly Loan Payment | $286 |
| Pell Grant Recipients | 34.7% |
| Students Receiving Loans | 60.9% |
| Loan Default Rate | 0.0% |
| Nursing Program | Available |
Cost and Return Snapshot
Based on published tuition, median debt, and earnings data
A typical graduate debt load would equal about 0.6 years of post-payment earnings capacity using the reported median earnings and 10-year monthly payment estimate.
Affordability Context
34.7% of students receive Pell Grants, a useful signal for how often the school serves lower-income students. 60.9% of students take federal loans, so borrowing is common in the student body. The three-year loan default rate is 0.0%, which helps frame repayment risk alongside earnings and debt.
Cost and Outcomes Context
The value picture at Millikin University depends on the relationship between price, borrowing, and outcomes. A simple four-year tuition estimate is $107,568, while the reported median debt is $27,000 with an estimated monthly payment of $286. These figures should be compared with aid offers and program-specific requirements before making a final decision.
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Student Demographics
The student body is largest among White students (66.5%), followed by Black students (18.1%) and Hispanic students (4.7%).
Value Score
Median earnings ($51,262) divided by median debt ($27,000)