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Monmouth College — ROI, Cost & Payback

Private nonprofit · Monmouth, IL · 702 students

The verdict

Monmouth College charges a net price of $17,133/yr after aid — a 4-year total of $68,532. Graduates earn a median $51,110 ten years after entry, $2,750/yr above the $48,360 high-school baseline, clearing the total in 24.9 years — a 20-year net return of -$13,532, a weak return — the cost is hard to justify on earnings alone. (Scorecard, 2026 · our math.)

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Monmouth College's 24.9-year payback ranks #1,108 of 1,280 US colleges we track — better ROI than 14% of them, and #45 of 116 in Illinois.

Better ROI than 14% of US colleges#1,108 of 1,280
Weakest ROIStrongest ROI
$17,133
Net price / yr
Scorecard, 2026
$51,110
Median earnings, 10 yrs
Scorecard, 2026
24.9 yrs
Payback
Our math, 2026
91%
Admission rate
Scorecard, 2026
Monmouth College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$17,133/yrScorecard, 2026
Total net cost (4 yrs)$68,532our math
Median earnings, 10 yrs after entry$51,110Scorecard, 2026
Earnings premium over HS baseline$2,750/yrour math
Median debt (completers)$27,000Scorecard, 2026
Payback24.9 yrsour math
20-year net return-$13,532our math

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

The arithmetic, on Monmouth College's own numbers. Net price $17,133 × 4 years = $68,532 total. Median earnings $51,110 − the $48,360 high-school baseline = $2,750 a year of premium. $68,532 ÷ $2,750 = 24.9 years to break even; twenty years of that premium minus the cost leaves -$13,532. 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 Monmouth College students graduate with?

A median $27,000 in federal loans among completers, or 53% of the $51,110 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Monmouth College students graduate?

65% finish their degree — 35% leave carrying the cost without the credential. Spread the $68,532 bill across that completion rate and the cohort pays $105,434 per graduate produced — our math, and the figure a payback number never shows.

Is Monmouth College expensive compared with other Illinois colleges?

Its $17,133 net price runs $3,383 above the $13,750 median across the 116 Illinois colleges we profile, or $13,532 more across the full degree.

Monmouth College: frequently asked questions

Is Monmouth College worth the cost?
On the numbers, yes. Monmouth College charges $17,133/yr after aid ($68,532 over 4 years), and graduates earn a median $51,110 ten years out — $2,750/yr above the $48,360 high-school baseline. That clears the cost in 24.9 years and returns -$13,532 net over 20 years, a weak return — the cost is hard to justify on earnings alone.
How long does a Monmouth College degree take to pay off?
About 24.9 years. We divide the $68,532 four-year net cost by the $2,750/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 Monmouth College cost after financial aid?
The median net price is $17,133/yr — about $68,532 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Monmouth College compare to other Illinois colleges?
It ranks #45 of 116 Illinois colleges we track by payback. Its $51,110 median earnings beat the national median of $43,549, and its $17,133 net price is above the national median of $16,902.