At $14,867/yr net price, Methodist College graduates earn $69,800/yr within 10 years of enrollment, which is $35,800/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $14,867 |
| Estimated 4-Year Cost | $59,468 |
| Median Earnings (10yr post-entry) | $69,800/yr |
| Earnings Premium vs. HS Diploma | +$35,800/yr |
| Estimated Break-Even | 1.7 years |
| Graduation Rate (6-year) | 75.0% |
| Median Debt at Graduation | $31,250 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $14,867/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. | Bachelor | $57,619 | $34,500 |
The Risk Factor
75.0% of students at Methodist College graduate within 6 years. A significant share of students finish, but roughly 25% do not complete their degree.
Analysis
Methodist College is a nursing school, and its financial return runs almost entirely through that one door. Ten years out, the typical graduate earns close to $70,000, which is strong for a private college with a net price under $15,000 a year. The 75% graduation rate means most of you who enroll finish, so you're not paying for credits that lead nowhere.
The one bachelor's program with reported data is registered nursing, and it pays. A starting median around $57,600 puts you on solid footing for a healthcare career in the Peoria region, where hospital and clinic demand is steady. If nursing is your plan, this school is built for exactly that, and the numbers back it up. There are no listed bachelor programs outside nursing and healthcare, so if you want another field, this isn't the place to look.
The main risk is debt against a specific first-job salary. Median debt sits at $31,250, and nursing graduates carry even more at around $34,500. That's roughly 60% of a starting nursing salary in loans. The debt is manageable on a nurse's pay, but only if you finish and land a nursing job. Drop out or leave the field and you keep the loans without the income that justifies them.
The net price is flat: families earning under $30,000 pay the same $14,867 as anyone else in the available data. That's a heavy load if your household income is low, and you should compare it against a public nursing program before committing.
This school fits you if you're set on nursing and want a high completion rate with a clear path to a mid-career salary near $70,000. If you're undecided on a major or want options beyond healthcare, look elsewhere.
Frequently Asked Questions
Is Methodist College worth the cost for nursing students?
Methodist College's nursing programs lead to median earnings of $57,619, which makes the $31,250 median debt manageable for most graduates. The 75% graduation rate is solid, and nursing jobs offer stable employment prospects.
What is the return on investment for Methodist College graduates?
Methodist College graduates earn a median of $69,800 ten years after graduation with typical debt of $31,250. This debt-to-income ratio is reasonable, especially for nursing majors who make up the school's strongest programs.
How much financial aid does Methodist College actually provide?
Methodist College brings the average annual cost down to $14,867 after financial aid. This relatively low net price makes the college accessible compared to many private institutions.
Should I choose Methodist College if I'm not majoring in nursing?
Methodist College is primarily known for nursing and related health programs. Students in other fields may find better ROI at institutions with stronger programs in their chosen area of study.