College ROI for Students in Pike County, IL

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

Public In-State/yr

$17,764

Public Out-of-State/yr

$31,216

Private/yr

$44,582

Payback Period

2 yrs

ROI Comparison

4-Year Public University

Total Cost (4 yrs)$71,056
Annual Earnings Premium$36,084
Payback Period2 years

20-Year Net Return$650,624

4-Year Private University

Total Cost (4 yrs)$178,328
Annual Earnings Premium$41,497
Payback Period4.3 years

20-Year Net Return$651,604

About Pike County, Illinois

Pike County in Illinois has a median household income of $55,514 and a population of 14,776. 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.