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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.)

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Knox College's 15.2-year payback ranks #969 of 1,280 US colleges we track — better ROI than 24% of them, and #38 of 116 in Illinois.

Better ROI than 24% of US colleges#969 of 1,280
Weakest ROIStrongest ROI
$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.

The arithmetic, on Knox College's own numbers. Net price $24,595 × 4 years = $98,380 total. Median earnings $54,820 − the $48,360 high-school baseline = $6,460 a year of premium. $98,380 ÷ $6,460 = 15.2 years to break even; twenty years of that premium minus the cost leaves $30,820. Future dollars are not discounted, and the earnings figure blends every major here — your programme can beat or miss it. Full method.

How much debt do Knox College students graduate with?

A median $27,000 in federal loans among completers, or 49% of the $54,820 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Knox College students graduate?

68% finish their degree — 32% leave carrying the cost without the credential. Spread the $98,380 bill across that completion rate and the cohort pays $144,676 per graduate produced — our math, and the figure a payback number never shows.

Is Knox College expensive compared with other Illinois colleges?

Its $24,595 net price runs $10,845 above the $13,750 median across the 116 Illinois colleges we profile, or $43,380 more across the full degree.

Knox College: frequently asked questions

Is Knox College worth the cost?
On the numbers, yes. Knox College charges $24,595/yr after aid ($98,380 over 4 years), and graduates earn a median $54,820 ten years out — $6,460/yr above the $48,360 high-school baseline. That clears the cost in 15.2 years and returns $30,820 net over 20 years, a slow but positive payback.
How long does a Knox College degree take to pay off?
About 15.2 years. We divide the $98,380 four-year net cost by the $6,460/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Knox College cost after financial aid?
The median net price is $24,595/yr — about $98,380 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Knox College compare to other Illinois colleges?
It ranks #38 of 116 Illinois colleges we track by payback. Its $54,820 median earnings beat the national median of $43,549, and its $24,595 net price is above the national median of $16,902.