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Blackburn College — ROI, Cost & Payback

Private nonprofit · Carlinville, IL · 471 students

The verdict

Blackburn College charges a net price of $18,460/yr after aid — a 4-year total of $73,840. Median earnings ten years after entry are $46,802, below the $48,360 high-school baseline, so on this institution-wide metric the degree does not clear its cost. Program choice is what changes that. (Scorecard, 2026 · our math.)

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On institution-wide earnings, Blackburn College does not clear its cost — it ranks #57 of 116 Illinois colleges we track by ROI. The specific program you pick moves this more than the school average.

$18,460
Net price / yr
Scorecard, 2026
$46,802
Median earnings, 10 yrs
Scorecard, 2026
Payback
Our math, 2026
63%
Admission rate
Scorecard, 2026
Blackburn College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$18,460/yrScorecard, 2026
Total net cost (4 yrs)$73,840our math
Median earnings, 10 yrs after entry$46,802Scorecard, 2026
Earnings premium over HS baseline-$1,558/yrour math
Median debt (completers)$24,242Scorecard, 2026
Paybackdoes not clearour math
20-year net return-$105,000our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

The arithmetic, on Blackburn College's own numbers. Net price $18,460 × 4 years = $73,840 total. Median earnings $46,802 fall $1,558 short of the $48,360 high-school baseline, so the premium this formula divides by is not positive and no break-even year exists on institution-wide pay. A programme here earning $58,360 would clear the $73,840 bill in about 7.4 years — the gap, not the price, is what blocks payback. Full method.

How much debt do Blackburn College students graduate with?

A median $24,242 in federal loans among completers, or 52% of the $46,802 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Blackburn College students graduate?

57% finish their degree — 43% leave carrying the cost without the credential. Spread the $73,840 bill across that completion rate and the cohort pays $129,544 per graduate produced — our math, and the figure a payback number never shows.

Is Blackburn College expensive compared with other Illinois colleges?

Its $18,460 net price runs $4,710 above the $13,750 median across the 116 Illinois colleges we profile, or $18,840 more across the full degree.

Blackburn College: frequently asked questions

Is Blackburn College worth the cost?
On institution-wide earnings, the degree does not clear its cost: graduates earn a median $46,802, at or below the $48,360 high-school baseline. The field you study matters far more here than the school average — a high-paying major can flip the math.
How long does a Blackburn College degree take to pay off?
On institution-wide earnings it does not pay back, because median earnings sit at or below the $48,360 high-school baseline. A specific high-ROI program can still pay off.
How much does Blackburn College cost after financial aid?
The median net price is $18,460/yr — about $73,840 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Blackburn College compare to other Illinois colleges?
It ranks #57 of 116 Illinois colleges we track by payback. Its $46,802 median earnings beat the national median of $43,549, and its $18,460 net price is above the national median of $16,902.