College ROI for Students in Monroe County, IL

Is college worth it in Monroe County? Here's the financial analysis.

Public In-State/yr

$32,219

Public Out-of-State/yr

$56,616

Private/yr

$80,858

Payback Period

2 yrs

ROI Comparison

4-Year Public University

Total Cost (4 yrs)$128,876
Annual Earnings Premium$65,445
Payback Period2 years

20-Year Net Return$1,180,024

4-Year Private University

Total Cost (4 yrs)$323,432
Annual Earnings Premium$75,262
Payback Period4.3 years

20-Year Net Return$1,181,803

About Monroe County, Illinois

Monroe County in Illinois has a median household income of $100,685 and a population of 34,905. The college earnings premium in this region makes a public university degree pay back in approximately 2 years.

These estimates use regional cost and earnings data. Actual ROI varies enormously by major, institution, completion rate, and career path. Our Monte Carlo simulation models degree-specific outcomes, student loan scenarios, and alternative investment paths.

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Other Counties in Illinois

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: NCES IPEDS, College Scorecard, Bureau of Labor Statistics. Estimates based on regional data. This is not financial advice.