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Millikin University

#799 in US ranking Decatur, IL
Type:
Private not-for-profit
Programs:
4 years or more

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Cost

Cost / year
$40,285
Tuition & fees
$26,828
Avg. aid
$31,416
Receiving aid
100%

Admissions

Acceptance rate
67%
SAT range
860–1130
ACT range
18–25

Outcomes

Graduation rate
55%
Median salary
$44,469
1 yr after graduation

What are the graduation rates for students at Millikin University?

Millikin's reported four-year graduation rate is 47%, and its six-year rate is 55%. These measures track a defined cohort of first-time, full-time students seeking a bachelor's degree; they do not describe the completion rate of every transfer, part-time, or graduate student.

The gap between the two rates shows that some students complete after four years, while others do not graduate from Millikin within six years. The reported first-year retention rate is 75%, meaning roughly three-quarters of the measured entering cohort returned the following fall. Neither measure, on its own, explains why a student left or whether a student completed a degree elsewhere.

Students comparing programs should look beyond the institution-wide figure where possible. A major with tightly sequenced courses, auditions, or clinical placements can have scheduling considerations that an overall graduation rate does not reveal.

What is the earning potential for graduates at Millikin University?

Federal College Scorecard field-of-study figures offer a limited view of earnings one year after completion for covered graduates; they are not salary promises or a measure of every Millikin alumnus. The reported figures include $60,878 for registered nursing, $47,567 for accounting, and $43,249 for business administration.

Other reported one-year figures include $37,756 for teacher education focused on specific levels and methods, $34,785 for biology, $28,719 for communication and media studies, and $26,043 for music. The comparisons are most useful when read by field: occupations differ in entry-level pay, required further study, hours worked, and local labor markets.

College Scorecard program earnings generally represent the median among federally aided completers with qualifying earnings records, rather than the average salary of everyone who earned the degree. Small cohorts and privacy rules can also limit what is published. Prospective students should pair these figures with program costs, likely borrowing, licensing requirements, and the kinds of jobs graduates seek.

Millikin University Graduation Rate

Avg. graduation
55%
4-year graduation
47%
6-year graduation
55%

Millikin University Retention and Employment

First-year retention, full-time students
75%
Employed 1 year after graduation
97%

Millikin University Median Alumni Salary Over Time

1 year after graduation
$44,469
4 years after graduation
$54,115
5 years after graduation
$57,548
7 years after graduation
$60,115
10 years after starting college
$57,738

Alumni Salary for Millikin University Degrees

Degrees

Avg. salary

Accounting and Related Services

$47,567

Biology, General

$34,785

Business Administration, Management and Operations

$43,249

Communication and Media Studies

$28,719

Drama/Theatre Arts and Stagecraft

$21,700

Marketing

$40,685

Music

$26,043

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing

$60,878

Sociology

$32,135

Sports, Kinesiology, and Physical Education/Fitness

$28,165

Teacher Education and Professional Development, Specific Levels and Methods

$37,756

Teacher Education and Professional Development, Specific Subject Areas

$36,328

Millikin University Graduations Per Degree

BACHELOR’S Degree

Women Men Total

Visual and Performing Arts

452772

Business, Management, Marketing, and Related Support Services

263359

Education

331851

Health Professions and Related Programs

33336

Parks, Recreation, Leisure, Fitness, and Kinesiology

101222

Social Sciences

91019

Biological and Biomedical Sciences

13417

Communication, Journalism, and Related Programs

459

Physical Sciences

549

Psychology

808

MASTER’S Degree

Women Men Total

Business, Management, Marketing, and Related Support Services

142741

Health Professions and Related Programs

628

Data last updated on November 5, 2026

Data sources: IPEDS 2024-25, Peterson 2026, College Scorecard 10/2026, Clery 2024 (2023-24), OpenAlex 2026

Figures on this profile come from federal and third-party datasets in the editions listed above and are refreshed periodically, so they may differ from what the institution currently reports. Confirm costs, deadlines and requirements with the school before making decisions.

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