At $24,190/yr net price, McKendree University graduates earn $58,572/yr within 10 years of enrollment, which is $24,572/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $24,190 |
| Estimated 4-Year Cost | $96,760 |
| Median Earnings (10yr post-entry) | $58,572/yr |
| Earnings Premium vs. HS Diploma | +$24,572/yr |
| Estimated Break-Even | 3.9 years |
| Graduation Rate (6-year) | 59.5% |
| Median Debt at Graduation | $23,250 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $23,363/yr |
| $30,001 - $48,000 | $21,177/yr |
| $48,001 - $75,000 | $21,276/yr |
| $75,001 - $110,000 | $27,472/yr |
| $110,001+ | $26,682/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Master | $92,632 | |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $66,653 | $16,290 |
| Business Administration, Management and Operations. | Master | $59,942 | $22,696 |
| Curriculum and Instruction. | Master | $48,823 | |
| Educational Administration and Supervision. | Master | $45,500 | $26,904 |
| Management Sciences and Quantitative Methods. | Bachelor | $43,798 | $20,264 |
| Accounting and Related Services. | Bachelor | $43,798 | $20,250 |
| Education, General. | Master | $42,012 | $20,813 |
| Business Administration, Management and Operations. | Bachelor | $41,844 | $25,000 |
| Mathematics. | Bachelor | $41,565 | $18,625 |
The Risk Factor
59.5% of students at McKendree University 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
McKendree University gives you a middling financial return that hinges almost entirely on what you study. At $24,190 a year in net price, you're paying private-college rates for a median outcome of $58,572 ten years out. That works if you graduate, but the 59.5% grad rate and 68% retention rate mean roughly a third of students leave before finishing, and leaving with debt and no degree is the worst outcome here.
Nursing is the clear winner. Graduates earn $66,653 while carrying the lowest debt of any listed program at $16,290. That combination , highest pay, lowest borrowing , makes it the one major where the price tag is easy to justify. If you come here for nursing, the math works.
Everything else is a step down. Accounting, management, business administration, and math all land in the $41,000-$44,000 range. Business administration is the weakest deal: similar pay to the others but the highest debt on the list at $25,000. Borrowing near a full year's net price for a sub-$42,000 starting field is a thin return.
The net price tiers hold a surprise: if your family earns over $75k, you pay more (around $27,000) than families under $48k (around $21,000). Grant aid narrows the gap for lower-income families but does not erase the sticker cost , even the cheapest tier still runs over $21,000 a year.
This school fits you if you're set on nursing or committed to finishing a business or math degree and can keep borrowing near the $23,250 median. If you're unsure of your major, price-sensitive above the $75k income line, or at risk of not finishing, a public university will likely cost you less for comparable earnings.
Frequently Asked Questions
Is McKendree University worth the cost?
McKendree University's value depends heavily on your major. Nursing graduates earn $92,632 annually, making the $24,190 yearly cost worthwhile, but education majors earning $45,500-$48,823 may struggle with the debt load.
What is the average debt for McKendree University graduates?
McKendree University graduates leave with a median debt of $23,250. With 10-year average earnings of $58,572, most graduates can manage this debt load, though education majors may face tighter budgets.
Which McKendree University programs have the best ROI?
Nursing programs at McKendree University offer the strongest return, with graduates earning $92,632 annually. Business administration graduates earn $59,942, while education programs show weaker financial returns at $45,500-$48,823.
How much financial aid does McKendree University give students?
McKendree University brings costs down to $24,190 per year after aid for the average student. However, with a 59.5% graduation rate, nearly 4 in 10 students leave without completing their degree.