At $21,131/yr net price, Milligan University graduates earn $46,641/yr within 10 years of enrollment, which is $12,641/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $21,131 |
| Estimated 4-Year Cost | $84,524 |
| Median Earnings (10yr post-entry) | $46,641/yr |
| Earnings Premium vs. HS Diploma | +$12,641/yr |
| Estimated Break-Even | 6.7 years |
| Graduation Rate (6-year) | 60.3% |
| Median Debt at Graduation | $25,219 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $12,172/yr |
| $30,001 - $48,000 | $14,848/yr |
| $48,001 - $75,000 | $20,830/yr |
| $75,001 - $110,000 | $22,332/yr |
| $110,001+ | $25,534/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Rehabilitation and Therapeutic Professions. | Master | $66,401 | $73,292 |
| Business Administration, Management and Operations. | Master | $55,512 | $26,596 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $49,840 | $26,978 |
| Human Development, Family Studies, and Related Services. | Bachelor | $36,134 | |
| Business Administration, Management and Operations. | Bachelor | $26,353 | $21,500 |
The Risk Factor
60.3% of students at Milligan University graduate within 6 years. A significant share of students finish, but roughly 40% do not complete their degree.
Analysis
Milligan University gives you a middling financial return. Ten years out, median earnings sit at $46,641 against a $21,131 yearly net price, with median debt near $25,000. That is a workable equation if you pick the right major and finish, but the margin is thin and the program spread is wide.
Nursing is the clear payoff here. It leads earnings at $49,840 and carries the debt to justify it. If you come to Milligan for nursing, the money works. Everything else drops off fast. Human Development and Family Studies graduates earn around $36,000, and Business Administration lands at just $26,353 even though its debt load ($21,500) is close to nursing's. Paying nursing-level tuition for a business degree that pays like an entry-level job is the core risk at this school.
The 60% graduation rate is the other risk. Four in ten of you won't finish in the expected window, and dropping out with debt and no degree is the worst outcome. A 79% retention rate says most of you make it past year one, but the gap between that and the grad rate means later attrition is real.
The income-based net price tiers help lower-income families the most. Under $30k, you pay about $12,000 a year. over $110k, you pay roughly $25,500. That sliding scale makes Milligan more affordable if your family earns less, but even the low-income price still requires borrowing given typical debt levels.
Milligan is a good financial fit if you're set on nursing or a healthcare path where the earnings clear the cost. If you're leaning toward business or a general degree, the numbers say look for a cheaper option or a school where those majors pay more, because you'll carry similar debt for weaker returns.
Frequently Asked Questions
Is Milligan University worth the cost?
Milligan University's $21,131 net price leads to median earnings of $46,641 after 10 years, which is below average for college graduates. The 60% graduation rate and $25,219 median debt suggest moderate risk for the return you'll likely see.
What are the best paying majors at Milligan University?
Rehabilitation and Therapeutic Professions graduates earn $66,401 annually, making it Milligan's strongest ROI program. Business and nursing programs show decent returns around $50,000-$55,000, while other majors like Human Development pay significantly less at $36,134.
How much debt do Milligan University students graduate with?
Milligan students graduate with a median debt of $25,219, which is manageable compared to many private schools. However, with average earnings of $46,641 ten years out, some graduates may struggle with loan payments depending on their major.
Does Milligan University have good financial aid?
Milligan's net price of $21,131 suggests decent financial aid for a private institution. The relatively low debt levels indicate the school provides enough aid to keep borrowing reasonable, though outcomes vary significantly by program.