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$4,650Tuition
4,909Students
40%Grad Rate (6-yr)
$37,366Earnings
Public2-yearNCCAAData: 2023-24
Return on Investment: Strong

At $11,510/yr net price, Illinois Central College graduates earn $37,366/yr within 10 years of enrollment, which is $3,366/yr above the median for high school graduates.

Cost vs. Outcomes

Return on investment data for Illinois Central College
Metric Value
Average Net Price (per year) $11,510
Estimated 4-Year Cost $46,040
Median Earnings (10yr post-entry) $37,366/yr
Earnings Premium vs. HS Diploma +$3,366/yr
Estimated Break-Even 13.7 years
Graduation Rate (6-year) 40.4%
Median Debt at Graduation $8,900

What You'll Actually Pay

Average net price by family income

Net price by family income for Illinois Central College
Family Income Estimated Net Price
$0 - $30,000 $8,666/yr
$30,001 - $48,000 $9,666/yr
$48,001 - $75,000 $12,329/yr
$75,001 - $110,000 $15,827/yr
$110,001+ $16,792/yr

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program at Illinois Central College
Program Level Median Earnings Median Debt
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. Associate $54,910 $10,000
Dental Support Services and Allied Professions. Associate $47,846
Allied Health Diagnostic, Intervention, and Treatment Professions. Associate $42,682
Allied Health and Medical Assisting Services. Associate $39,009
Vehicle Maintenance and Repair Technologies. Associate $36,312
Computer Systems Networking and Telecommunications. Associate $33,993
Practical Nursing, Vocational Nursing and Nursing Assistants. Certificate $30,771 $7,500
Precision Metal Working. Certificate $26,353
Somatic Bodywork and Related Therapeutic Services. Certificate $22,578
Liberal Arts and Sciences, General Studies and Humanities. Associate $17,208 $9,000

The Risk Factor

Completion Risk: Elevated Risk

40.4% of students at Illinois Central College graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.

Analysis

Illinois Central College delivers solid returns for career-focused students, but your program choice determines everything. The $11,510 annual cost creates manageable debt loads, with most graduates owing under $9,000.

Nursing stands out as the clear financial winner, generating $54,910 in median earnings with only $10,000 in debt. Dental support services and allied health diagnostics also provide strong returns, pushing earnings well above the $37,366 campus median. These health programs justify the investment and position you for stable employment in central Illinois.

Vehicle maintenance and repair technologies earn $36,312, which covers basic living costs but offers limited upward mobility. Other programs drag down the overall numbers, explaining why the college's median earnings lag behind many four-year options.

The 40% graduation rate signals completion challenges. You need strong motivation and clear career goals to succeed here. Transfer students and older adults returning to work typically fare better than recent high school graduates who lack direction.

Only 22% of students receive financial aid, suggesting most pay the sticker price. The low aid percentage means fewer merit scholarships, but the base cost remains reasonable for working adults who can pay as they go.

This school works best if you want specific job training in health care or skilled trades. You should look elsewhere if you plan to transfer to a four-year program, as the low graduation rate suggests academic support may be limited. The regional job market supports the health programs well, but manufacturing jobs in the Peoria area have declined, limiting opportunities for other technical programs.

Frequently Asked Questions

Is Illinois Central College worth the cost?

With a net price of $11,510 per year and median earnings of $37,366 after graduation, Illinois Central College offers reasonable value for a community college. The low median debt of $8,900 keeps financial risk manageable, though the 40% graduation rate means many students don't complete their programs.

What are the best paying programs at Illinois Central College?

Nursing programs at Illinois Central College provide the strongest return, with graduates earning around $54,910 annually. Dental support services ($47,846) and allied health diagnostic programs ($42,682) also offer solid earning potential compared to the school's overall graduate average of $37,366.

How much student debt do Illinois Central College graduates have?

Illinois Central College graduates carry a median debt of $8,900, which is relatively low for higher education. This manageable debt load helps make the investment worthwhile, especially for students in higher-paying health programs.

What is the graduation rate at Illinois Central College?

Only 40% of students graduate from Illinois Central College, which is concerning for return on investment. Students should carefully consider their commitment level and choose programs with clear career paths to avoid becoming part of the 60% who don't complete their studies.