Rasmussen University-Illinois — ROI, Cost & Payback
Rasmussen University-Illinois charges a net price of $19,854/yr after aid — a 2-year total of $39,708. Median earnings ten years after entry are $39,080, 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.)
On institution-wide earnings, Rasmussen University-Illinois does not clear its cost — it ranks #82 of 116 Illinois colleges we track by ROI. The specific program you pick moves this more than the school average.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $19,854/yr | Scorecard, 2026 |
| Total net cost (2 yrs) | $39,708 | our math |
| Median earnings, 10 yrs after entry | $39,080 | Scorecard, 2026 |
| Earnings premium over HS baseline | -$9,280/yr | our math |
| Median debt (completers) | $20,899 | Scorecard, 2026 |
| Payback | does not clear | our math |
| 20-year net return | -$225,308 | our math |
College Scorecard (2026 release), institution-level · payback and returns are our math.
The arithmetic, on Rasmussen University-Illinois's own numbers. Net price $19,854 × 2 years = $39,708 total. Median earnings $39,080 fall $9,280 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 $39,708 bill in about 4.0 years — the gap, not the price, is what blocks payback. Full method.
How much debt do Rasmussen University-Illinois students graduate with?
A median $20,899 in federal loans among completers, or 53% of the $39,080 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.
What share of Rasmussen University-Illinois students graduate?
43% finish their degree — 57% leave carrying the cost without the credential. Spread the $39,708 bill across that completion rate and the cohort pays $92,344 per graduate produced — our math, and the figure a payback number never shows.
Is Rasmussen University-Illinois expensive compared with other Illinois colleges?
Its $19,854 net price runs $6,104 above the $13,750 median across the 116 Illinois colleges we profile, or $12,208 more across the full degree.