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Teacher Education at Millikin University

Decatur, IL · Private nonprofit · Bachelor's Degree · Teacher Education and Professional Development, Specific Subject Areas

DegreeOutlook Score (Base Case) — assumes in-state tuition

Optimistic

Base Case

Pessimistic

Earnings $43,936/yr (5% vs median)

AI Risk High (43% exposed)

Job Market Very Large (444,600 openings/yr)

ROI 4.6x earnings multiple (2.9x out-of-state)

Ranked #211 of 348 Teacher Education programs

How AI Changes the Outlook

Three scenarios based on how aggressively AI disrupts the career paths available to Teacher Education graduates.

	Optimistic No Disruption	Base Case Gradual AI	Pessimistic Aggressive AI
10-Year Earnings	$499K	$499K	$477K
Earnings Multiple (In-State)	4.6x	4.6x	4.4x
Earnings Multiple (Out-of-State)	2.9x	2.9x	2.7x
Probability of Field Employment	78%	70%	55%
DegreeOutlook Score	53	52	55

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 (2.9x ROI)

4-Year Net Price (After Aid)

$35,348

67% less than sticker · See by income

Median Debt at Graduation

$27,000

7.4 months of Year 1 earnings

Reported Earnings (5 Year)

$49,259

12% growth from Year 1

Program Analysis

Graduates earn $43,936/yr, edging above the $41,690 national average for Teacher Education — a modest premium that suggests solid regional demand.

An earnings multiple of 4.6x means ten-year projected earnings exceed tuition, but not by a dramatic margin. Returns are positive but modest.

Some AI exposure exists in Teacher Education's typical career paths, with 43% of job tasks potentially affected. The pessimistic scenario still projects solid returns, with a 4% gap from the optimistic case.

Median debt of $27,000 represents roughly 7 months of the $43,936 starting salary — a manageable burden by most borrower standards.

Ranked #211 of 348 Teacher Education programs, Millikin University falls below the median. Stronger options exist, though cost and location may compensate.

Five-year earnings of $49,259 are relatively flat compared to the $43,936 starting salary — typical of fields with stable but capped salary bands.

About Millikin University

With a 54% acceptance rate, Millikin University is moderately selective, 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

Health specialties teachers, postsecondary $105,620/yr

Atmospheric, earth, marine, and space sciences teachers, postsecondary $101,390/yr

Forestry and conservation science teachers, postsecondary $100,830/yr

View all 30 career paths with salary ranges and AI risk →

Compare & Explore

Teacher Education at Other Schools

Other Majors at Millikin University

Is a Trade Program a Better Fit?

For students who prefer applied learning, trade programs can deliver strong earnings with significantly less debt and shorter time to employment.

Frequently Asked Questions

What is the DegreeOutlook Score for Teacher Education at Millikin University?

This program scores 52/100 — a respectable number in isolation, but it ranks in the bottom half of Teacher Education programs nationally. The field is competitive, and stronger options exist.

Will AI replace Teacher Education careers?

With 43% of typical job tasks exposed to AI, this is one of the higher-risk fields. Our pessimistic scenario projects $477,144 in decade earnings vs $499,466 in the optimistic case — a meaningful gap.

Is Millikin University a hidden gem for Teacher Education?

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 →