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Millikin University

Decatur, Illinois · Private nonprofit · 4-year · City

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At a glance

Average net price
$21,989What students typically pay per year after grants and scholarships.
Acceptance rate
67%
Graduation rate
57%Share of students who finish within 150% of the normal time.
Undergraduates
1,382
In-state tuition
$26,892Published price before aid.
Out-of-state tuition
$26,892
SAT midpoint
1,075
Median earnings, 10 yrs
$51,262Median earnings of former students ten years after they first enrolled.

Source: U.S. Department of Education College Scorecard. Data year: 2022-23 academic year. Updated September 2026. Figures are averages across all students and will differ from what any individual pays.

How it compares to similar colleges

Each rating covers one measure against private nonprofit 4-year colleges nationally. Five stars means the top fifth on that measure. There is no overall score, because which of these matters is your call.

Affordability

$21,989

Better than 55% of private nonprofit 4-year colleges (1092 compared).

Completion

57%

Better than 48% of private nonprofit 4-year colleges (1063 compared).

Earnings

$51,262

Better than 39% of private nonprofit 4-year colleges (1087 compared).

Debt at graduation

$27,000

Better than 4% of private nonprofit 4-year colleges (1020 compared).

What these ratings are based on
Affordability
Based on average net price: what students receiving federal aid actually paid, after grants and scholarships. Your own cost depends on your family's finances.
Completion
Based on the share of first-time, full-time students who graduate within 150% of normal time. It excludes transfer and part-time students, which understates colleges serving many of them.
Earnings
Based on median earnings ten years after students first enrolled. It reflects the subjects a college teaches and the region it sits in as much as its teaching.
Debt at graduation
Based on median federal loan debt among students who completed. Private and parent loans are not included, so real totals are often higher.
Why there is no rating for selectivity
A lower acceptance rate is selectivity, not quality. Awarding stars for it would be us inventing a value judgement and hiding it behind a number.

What it actually costs

Published cost

$57,475

The sticker price: tuition, fees, housing, food and books for one academic year, before any aid.

Average net price

$21,989

What students receiving federal aid actually paid on average, after grants and scholarships. This is the more useful number, though your own figure depends on your family’s finances.

What would this cost me?
Use this college’s official net price calculator

Outcomes

Graduation, retention, debt and earnings for Millikin University
Graduation rateWithin 150% of normal time57%
Retention rateFirst-year students who return75%
Median debt at graduationFederal loans only, students who completed$27,000
Median earnings, 10 years after entryFormer students, working and not enrolled$51,262

What graduates of each major earn

Median earnings one year after finishing, for people who took that subject here. This is the figure a college-wide median hides: the spread between subjects at one college is usually far wider than the spread between colleges.

Bachelor’s programs at Millikin University by graduate earnings
MajorEarnings, 1 yrDegrees awarded
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing$71,84850
Accounting and Related Services$51,6807
Business Administration, Management and Operations$46,43128
Teacher Education and Professional Development, Specific Subject Areas$43,93634
Teacher Education and Professional Development, Specific Levels and Methods$43,33133
Social Work$41,5438
Communication and Media Studies$35,41312
Sports, Kinesiology, and Physical Education/Fitness$26,06524
Drama/Theatre Arts and Stagecraft$24,01342
Visual and Performing Arts, Other$22,81511
Music$21,13822
Criminal Justice and CorrectionsNot reported18
Biology, GeneralNot reported18
Psychology, GeneralNot reported12
MarketingNot reported11
MathematicsNot reported9
Rehabilitation and Therapeutic ProfessionsNot reported6
Romance Languages, Literatures, and LinguisticsNot reported6
ChemistryNot reported6
Management Information Systems and ServicesNot reported6
Natural Resources Conservation and ResearchNot reported5
Finance and Financial Management ServicesNot reported5
Fine and Studio ArtsNot reported4
PhilosophyNot reported4
Computer ScienceNot reported4
SociologyNot reported4
Entrepreneurial and Small Business OperationsNot reported3
Arts, Entertainment, and Media ManagementNot reported3
Computer/Information Technology Administration and ManagementNot reported3
Rhetoric and Composition/Writing StudiesNot reported3
Computational ScienceNot reported2
HistoryNot reported2
Political Science and GovernmentNot reported2
English Language and Literature, GeneralNot reported2
Educational Administration and SupervisionNot reported2
Health Services/Allied Health/Health Sciences, GeneralNot reported2
Business/Corporate CommunicationsNot reported1
Special Education and TeachingNot reported1
Engineering ScienceNot reported1
Allied Health Diagnostic, Intervention, and Treatment ProfessionsNot reported1
PhysicsNot reported1
International BusinessNot reportedNot reported
Multi/Interdisciplinary Studies, OtherNot reportedNot reported
Radio, Television, and Digital CommunicationNot reportedNot reported
Design and Applied ArtsNot reportedNot reported

All 45 bachelor’s programs this college reported.

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