Degree Dividend
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Knox College — ROI, Cost & Payback

Private nonprofit · Galesburg, IL · 1,127 students

The verdict

Knox College charges a net price of $24,595/yr after aid — a 4-year total of $98,380. Graduates earn a median $54,820 ten years after entry, $6,460/yr above the $48,360 high-school baseline, clearing the total in 15.2 years — a 20-year net return of $30,820, a slow but positive payback. (Scorecard, 2026 · our math.)

Share
$24,595
Net price / yr
Scorecard, 2026
$54,820
Median earnings, 10 yrs
Scorecard, 2026
15.2 yrs
Payback
Our math, 2026
71%
Admission rate
Scorecard, 2026
Knox College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$24,595/yrScorecard, 2026
Total net cost (4 yrs)$98,380our math
Median earnings, 10 yrs after entry$54,820Scorecard, 2026
Earnings premium over HS baseline$6,460/yrour math
Median debt (completers)$27,000Scorecard, 2026
Payback15.2 yrsour math
20-year net return$30,820our 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.