Registered Nursing & Nursing Administration at Millikin University

Decatur, IL · Private nonprofit · Bachelor's Degree · Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
74 /100
DegreeOutlook Score (Base Case) — assumes in-state tuition
74
Optimistic
74
Base Case
72
Pessimistic
Earnings $71,848/yr (-5% vs median)
AI Risk High (39% exposed)
Job Market Very Large (292,500 openings/yr)
ROI 6.9x earnings multiple (4.2x out-of-state)
Ranked #631 of 990 Registered Nursing & Nursing Administration programs

How AI Changes the Outlook

Three scenarios based on how aggressively AI disrupts the career paths available to Registered Nursing & Nursing Administration graduates.

Optimistic
No Disruption
Base Case
Gradual AI
Pessimistic
Aggressive AI
10-Year Earnings $742K $740K $659K
Earnings Multiple (In-State) 6.9x 6.9x 6.1x
Earnings Multiple (Out-of-State) 4.2x 4.2x 3.8x
Probability of Field Employment 87% 86% 64%
DegreeOutlook Score 74 74 72

10-Year Earnings Projection

*Year 1 uses actual reported earnings. Scenarios diverge as AI impact compounds over time.

4-Year Tuition, In-State (Sticker)
$107,568
Out-of-state: $174,680 (4.2x ROI)
4-Year Net Price (After Aid)
$35,348
67% less than sticker · See by income
Median Debt at Graduation
$27,000
4.5 months of Year 1 earnings
Reported Earnings (5 Year)
$77,191
7% growth from Year 1

Program Analysis

Graduates earn $71,848/yr, roughly in line with the $75,273 national median for Registered Nursing & Nursing Administration. The value proposition here depends on cost, not earnings.

The earnings-to-cost ratio of 6.9x signals a solid financial return — projected decade earnings comfortably exceed the tuition investment.

Some AI exposure exists in Registered Nursing & Nursing Administration's typical career paths, with 39% of job tasks potentially affected. The pessimistic scenario still projects solid returns, with a 11% gap from the optimistic case.

With first-year pay of $71,848 far exceeding the $27,000 median debt, the payback timeline is measured in months, not years.

Ranked #631 of 990 Registered Nursing & Nursing Administration programs, Millikin University falls below the median. Stronger options exist, though cost and location may compensate.

Five-year earnings of $77,191 are relatively flat compared to the $71,848 starting salary — typical of fields with stable but capped salary bands.

About Millikin University

A 54% admission rate makes Millikin University accessible to a wide range of qualified students, a smaller institution with 1,458 students in Decatur, IL. The average net cost of $35,348 over four years represents a 67% discount from published tuition.

See all programs and financial aid at Millikin University →

Top Career Paths

Nurse anesthetists $223,210/yr
Nurse practitioners $129,210/yr
Nurse midwives $128,790/yr
View all 6 career paths with salary ranges and AI risk →

Compare & Explore

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Explore the Trade Alternative

Not every career requires a four-year degree. Trade programs in related fields can offer competitive salaries with a fraction of the student loan burden.

Frequently Asked Questions

What is the DegreeOutlook Score for Registered Nursing & Nursing Administration at Millikin University?
This program scores 74/100 — a respectable number in isolation, but it ranks in the bottom half of Registered Nursing & Nursing Administration programs nationally. The field is competitive, and stronger options exist.
Will AI replace Registered Nursing & Nursing Administration careers?
With 39% of typical job tasks exposed to AI, this is one of the higher-risk fields. Our pessimistic scenario projects $659,019 in decade earnings vs $742,171 in the optimistic case — a meaningful gap.
Is Millikin University a hidden gem for Registered Nursing & Nursing Administration?
After financial aid, the average student pays $35,348 over four years — 67% below the $107,568 sticker price. That gap makes the ROI significantly better than published tuition suggests.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →