Degree Dividend
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Illinois College — ROI, Cost & Payback

Private nonprofit · Jacksonville, IL · 930 students

The verdict

Illinois College charges a net price of $18,298/yr after aid — a 4-year total of $73,192. Graduates earn a median $52,575 ten years after entry, $4,215/yr above the $48,360 high-school baseline, clearing the total in 17.4 years — a 20-year net return of $11,108, a slow but positive payback. (Scorecard, 2026 · our math.)

Share
$18,298
Net price / yr
Scorecard, 2026
$52,575
Median earnings, 10 yrs
Scorecard, 2026
17.4 yrs
Payback
Our math, 2026
78%
Admission rate
Scorecard, 2026
Illinois College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$18,298/yrScorecard, 2026
Total net cost (4 yrs)$73,192our math
Median earnings, 10 yrs after entry$52,575Scorecard, 2026
Earnings premium over HS baseline$4,215/yrour math
Median debt (completers)$25,565Scorecard, 2026
Payback17.4 yrsour math
20-year net return$11,108our math

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

How we compute this. Payback = total net cost ÷ annual earnings premium, where the premium is median earnings 10 years after entry minus the $48,360 baseline (BLS 2024 median for a high-school-diploma worker 25+). Total net cost = net price × 4 years. We do not discount future dollars. The institution-wide earnings figure blends every major — a specific program's payback can be far better or worse. Full method on the methodology page.