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Eastern Illinois University vs Knox College: which has better ROI?

Public, Charleston IL · vs · Private nonprofit, Galesburg IL

The verdict

Eastern Illinois University has the better ROI: it clears its 4-year net cost of $51,144 in 14.1 years versus 15.2 years at Knox College, on median earnings of $51,989 vs $54,820 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureEastern Illinois UniversityKnox College
Net price / yr$12,786$24,595
Total net cost$51,144$98,380
Median earnings, 10 yrs$51,989$54,820
Median debt$21,500$27,000
Payback14.1 yrs15.2 yrs
20-year net return$21,436$30,820

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Eastern Illinois University or Knox College?

Eastern Illinois University, at $12,786 a year after aid versus $24,595 — a gap of $11,809 a year, or $47,236 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Eastern Illinois University or Knox College graduates earn more?

Knox College graduates report a median $54,820 ten years after entry, $2,831 more than the $51,989 at Eastern Illinois University. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, Eastern Illinois University or Knox College?

Eastern Illinois University: its completers carry a median $21,500 in federal loans versus $27,000 at Knox College, a difference of $5,500. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

68% of students finish at Knox College, against 47% at Eastern Illinois University. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

Eastern Illinois University vs Knox College: frequently asked questions

Is Eastern Illinois University or Knox College a better value?
Eastern Illinois University. It clears its $51,144 net cost in about 14.1 years versus 15.2 years at Knox College, on median earnings of $51,989 vs $54,820 ten years out.
Which is cheaper, Eastern Illinois University or Knox College?
Eastern Illinois University: $12,786/yr net price after aid versus $24,595/yr at Knox College — a difference of $11,809 a year, or about $47,236 over four years.
Do Eastern Illinois University or Knox College graduates earn more?
Knox College graduates earn a median $54,820 ten years after entry, versus $51,989 at Eastern Illinois University — a $2,831 gap. This blends every major, so a specific field can flip it.