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Rasmussen University-Illinois vs Blackburn College: which has better ROI?

Private for-profit, Rockford IL · vs · Private nonprofit, Carlinville IL

The verdict

Neither clears its cost on institution-wide earnings, but Blackburn College comes closer — median earnings $46,802 against a $73,840 total, vs $39,080 at Rasmussen University-Illinois. (Scorecard, 2026 · our math.)

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Head to head
MeasureRasmussen University-IllinoisBlackburn College
Net price / yr$19,854$18,460
Total net cost$39,708$73,840
Median earnings, 10 yrs$39,080$46,802
Median debt$20,899$24,242
Payback
20-year net return-$225,308-$105,000

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

Which is cheaper, Rasmussen University-Illinois or Blackburn College?

Blackburn College, at $18,460 a year after aid versus $19,854 — a gap of $1,394 a year, or $34,132 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Rasmussen University-Illinois or Blackburn College graduates earn more?

Blackburn College graduates report a median $46,802 ten years after entry, $7,722 more than the $39,080 at Rasmussen University-Illinois. 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, Rasmussen University-Illinois or Blackburn College?

Rasmussen University-Illinois: its completers carry a median $20,899 in federal loans versus $24,242 at Blackburn College, a difference of $3,343. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

57% of students finish at Blackburn College, against 43% at Rasmussen University-Illinois. 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.

Rasmussen University-Illinois vs Blackburn College: frequently asked questions

Is Rasmussen University-Illinois or Blackburn College a better value?
Blackburn College comes closer, but neither clears its cost on institution-wide earnings — the field you study decides it here more than the school.
Which is cheaper, Rasmussen University-Illinois or Blackburn College?
Blackburn College: $18,460/yr net price after aid versus $19,854/yr at Rasmussen University-Illinois — a difference of $1,394 a year, or about $34,132 over four years.
Do Rasmussen University-Illinois or Blackburn College graduates earn more?
Blackburn College graduates earn a median $46,802 ten years after entry, versus $39,080 at Rasmussen University-Illinois — a $7,722 gap. This blends every major, so a specific field can flip it.