CollegeTuitionData — College Data in Plain English

Eureka College

Eureka, IL — Private Nonprofit

Value Score: 44/100

Tuition (In-State): $29,096 | Out-of-State: $29,096

Acceptance Rate: 85.0% | Graduation Rate: 41.1%

Median Earnings (10yr): $51,641 | Median Debt: $23,250

Student Body Size: 522

Eureka College offers a small campus experience with moderate affordability but faces challenges in graduation rates and post-graduation earnings relative to debt.

Report Card: Overall Grade D+

Eureka College receives an overall grade of D+ based on six dimensions:

College Analysis

Eureka College, a small private nonprofit institution in Illinois, presents a mixed picture regarding its academic offerings and student outcomes. While it serves a diverse student body, its graduation rate of 41.1% is notably low, suggesting potential challenges in student retention or program completion. The median earnings for graduates 10 years after entry stand at $51,641, which, when compared to the median debt of $23,250, indicates a potentially strained return on investment, further evidenced by a negative ROI score. The affordability score of 55 suggests moderate value, but the high tuition relative to post-graduation earnings warrants careful consideration by prospective students.

The student experience at Eureka College is shaped by its small size, fostering a potentially intimate campus environment. However, the low admission selectivity (85.0%) might imply a less academically rigorous environment compared to more selective institutions. The college's demographic makeup shows a significant representation of Black and Hispanic students, contributing to a diverse campus community. Prospective students should weigh the potential benefits of a small college setting against the financial implications and the observed graduation and earnings data.

The Verdict: Is Eureka College Worth It?

Eureka College presents a complex value proposition. With an in-state and out-of-state tuition of $29,096 and a median 10-year earnings of $51,641, the immediate financial picture appears challenging. The median debt of $23,250, while not excessively high, adds to the financial burden. The ROI score of -56 strongly suggests that, on average, graduates do not recoup their investment quickly or significantly compared to their debt and tuition costs. Based on these figures, Eureka College appears to be an overpriced option for many students, especially when considering the relatively low graduation rate of 41.1%. The median earnings are modest, and the cost of attendance, combined with debt, means a substantial payoff period. For instance, even if a graduate dedicates 20% of their median income ($10,328 annually) towards debt and tuition repayment, it would take over 5 years to cover the $51,641 median earnings, let alone the full cost of attendance. This is a hidden gem only if the student receives substantial financial aid or scholarships, or if they pursue a high-demand, high-earning field not reflected in the median. For the average student, it is not a good deal.

Return on Investment

With median 10-year earnings of $51,641 and median debt of $23,250, Eureka College's negative ROI score of -56 suggests that the degree may not be worth the cost for many students, as earnings do not significantly outpace the debt incurred.

Debt Reality Check

Median student debt at Eureka College: $23,250. Monthly payment on a standard 10-year plan: $264/month. Total repaid: $31,680 ($8,430 in interest).

Breakeven vs high school diploma: 1.1 years. Debt burden: Manageable. Salary needed for comfortable repayment: $31,680.

Strengths

Weaknesses

Academic Profile

Eureka College prides itself on providing a personalized and engaging academic experience, a hallmark of its small size and private institution status. While specific program rankings aren't readily available, the college has historically emphasized strong liberal arts foundations alongside career-oriented majors. Departments like Business, Education, and Psychology are often popular choices, benefiting from dedicated faculty and smaller class sizes that allow for individualized attention. Research opportunities, while perhaps not as extensive as at large research universities, are available to motivated undergraduates. Students interested in faculty-led research can often connect with professors directly, gaining hands-on experience that can be invaluable for graduate school or career preparation. The student-faculty ratio, though not explicitly provided, is undoubtedly low given the student population of 522, suggesting a high level of faculty accessibility. Professors are generally expected to be highly engaged with their students, serving not only as instructors but also as mentors. Eureka College offers an Honors Program for academically high-achieving students, providing enriched coursework and opportunities for advanced study. Study abroad programs are also available, allowing students to broaden their horizons and gain international perspectives. Academic support resources are crucial at a college like Eureka. Students can typically expect access to tutoring services, writing centers, and academic advising to help them navigate their coursework and achieve their academic goals. The emphasis is on ensuring every student has the support they need to succeed.

Financial Aid Guide for Eureka College

Navigating financial aid at Eureka College involves understanding the blend of merit-based and need-based aid designed to make its private education accessible. While specific dollar figures for typical aid packages vary widely based on individual circumstances, Eureka, like many private institutions, aims to offer substantial financial assistance. Merit scholarships are a significant component, awarded based on academic achievement (GPA, high school coursework) and sometimes extracurricular involvement. These can range from a few thousand dollars to a substantial portion of tuition. Need-based aid, determined by the Free Application for Federal Student Aid (FAFSA) and potentially the CSS Profile, is also crucial. This aid can include federal grants (like the Pell Grant, though the rate is not provided), state grants, and institutional grants. Work-study opportunities are likely available, offering students part-time employment on campus to help cover living expenses. For families with an annual income below $50,000, it's reasonable to expect a significant aid package that could cover a large percentage of tuition and fees, potentially bringing the net cost down considerably. For families with incomes between $50,000 and $100,000, merit aid will likely play a larger role, supplemented by need-based grants and loans. Scholarship tips for Eureka applicants include applying early, highlighting leadership and community service in essays and applications, and researching any external scholarships that align with the college's mission or specific programs. Negotiating aid at a smaller institution like Eureka is possible, especially if you have competing offers from similarly ranked institutions. Be prepared to present a strong case based on your academic profile and financial need, but understand that institutional resources are finite. The stated out-of-state tuition of $29,096 is the sticker price; the net price after grants and scholarships will be the figure to focus on.

Hidden Costs at Eureka College

Alumni Outcomes & Career Paths

Eureka College, a small private institution in Illinois, positions its graduates for a range of career paths, though specific employer data and robust internship pipelines are less publicly detailed than at larger universities. Alumni tend to cluster in sectors common to the Midwest, including education, healthcare, business services, and manufacturing. While specific major employers that actively recruit from Eureka are not prominently advertised, graduates often find roles within regional healthcare systems like OSF HealthCare or UnityPoint Health, and in local school districts across central Illinois. Business-minded graduates may enter roles in finance or management at companies such as Caterpillar (with a significant presence in Illinois) or State Farm Insurance. The college's size and location suggest a strong emphasis on local and regional employment networks. Graduate school placement rates are not readily available, but the liberal arts foundation of Eureka College typically prepares students for further study in fields like law, social work, and education. Notable alumni include Ronald Reagan, the 40th U.S. President, and his wife, former First Lady Nancy Reagan, underscoring the potential for significant impact from its graduates. Career services likely focus on personalized guidance, resume building, and interview preparation, leveraging the college's close-knit community. Internship opportunities are often facilitated through faculty connections and local business partnerships, providing practical experience in fields relevant to the student's major. Geographic hiring patterns show a strong tendency for graduates to remain in Illinois, particularly in the central and greater Peoria areas, though some may venture to larger Midwestern cities like Chicago or St. Louis.

Campus Life & Culture at Eureka College

Eureka College attracts a student body primarily from Illinois and surrounding Midwestern states, fostering a regional connection. The small size encourages a close-knit community where students often form lifelong bonds. Students who thrive here are typically those who appreciate a personalized learning environment, seek active involvement in campus life, and value strong relationships with faculty and peers.

Life at Eureka College, a small private institution in rural Illinois, is characterized by a close-knit community and a strong emphasis on personal connections. With an enrollment of just over 500 students, you'll quickly get to know your peers and professors. The 'vibe' is often described as friendly, supportive, and academically focused, with a distinct lack of the overwhelming anonymity found at larger universities. Campus traditions play a significant role in student life. The annual 'Homecoming' celebration is a major event, bringing together current students, alumni, and the local community. Another cherished tradition is the 'Founder's Day' observance, which honors the college's rich history. Student housing is primarily traditional residence halls, fostering a communal living experience. While specific neighborhood distinctions aren't prominent due to the campus's compact size, the main academic buildings and student centers form the heart of campus activity. Dining services are centralized, offering a convenient way for students to gather and socialize. Student organizations are diverse and cater to a wide range of interests, from academic clubs and cultural groups to service organizations and recreational pursuits. Given the college's size, participation in these groups is a key way to get involved and build friendships. Eureka College does not have Greek life, which contributes to its inclusive and unified social atmosphere. Athletics are an important part of the Eureka experience, with the 'Red Devils' competing in the SLIAC conference. Sports foster school spirit and provide opportunities for both athletes and fans to connect. Overall, Eureka offers a personalized college experience where students are encouraged to be active participants in campus life, build meaningful relationships, and take advantage of the many opportunities for involvement.

Campus Highlights

Location & Regional Advantages

Eureka College's location in Eureka, Illinois, offers a unique set of advantages and challenges for its students. Situated in a rural setting, the immediate area boasts a very low cost of living, making it an attractive option for students and families seeking affordability. The proximity to Peoria, a mid-sized city approximately 20 miles away, provides access to a more diverse job market, including opportunities in healthcare (OSF HealthCare, UnityPoint Health), manufacturing (Caterpillar), and financial services (State Farm). While Eureka itself is not a major industry hub, its position within the broader central Illinois region allows graduates to tap into established professional networks. The quality of life in this part of Illinois is characterized by a slower pace, strong community ties, and access to outdoor recreational activities. Weather is typical of the Midwest, with distinct seasons including cold winters and warm, humid summers. Safety is generally high in rural and small-town Illinois. The primary career opportunity advantage of this location is the potential for deep integration into local and regional economies, fostering strong alumni networks within Illinois. However, the distance from major metropolitan centers like Chicago (about a 3-hour drive) means fewer direct opportunities with large, national corporations or access to diverse, fast-paced urban job markets immediately post-graduation. This necessitates a proactive approach from students in seeking internships and job opportunities beyond the immediate vicinity.

How to Get Into Eureka College

Eureka College, with an admission rate of 85.0%, is considered a moderately selective institution. This means that while they are looking for qualified students, there is a good chance of admission for applicants who meet their academic expectations. The admissions office likely values a well-rounded student who demonstrates potential for success both academically and within the campus community. While SAT/ACT scores are not provided, for schools of this type and selectivity, a strong high school GPA is paramount. Focus on presenting a transcript that shows a rigorous course load and consistent academic performance. Essays are a key opportunity to showcase your personality, your reasons for choosing Eureka, and how you'll contribute to the campus. Topics that highlight your growth, your passion for a particular field of study, or your leadership experiences tend to resonate well. Demonstrated interest is often a factor; make sure to engage with the college by attending virtual or in-person information sessions, visiting campus if possible, and communicating with admissions counselors. Early Action (EA) or Early Decision (ED) advantages are not explicitly stated, but applying EA can sometimes provide a slight edge by showing strong commitment. The ideal timeline is to have your application completed well before the deadlines, typically in the fall of your senior year for EA/ED and by late winter/early spring for regular decision. Focus on crafting a compelling application that tells your unique story and clearly articulates why Eureka College is the right fit for you.

How Eureka College Compares to Similar Schools

Similar schools: Illinois Wesleyan University, Augustana College, Knox College, Millikin University

Advantages

Disadvantages

Best For

Avoid If

Frequently Asked Questions about Eureka College

Is Eureka College a good investment given its ROI?

Based on the provided data, Eureka College has a negative ROI score (-56), indicating that graduates' earnings 10 years after entry may not sufficiently cover the median debt incurred. Prospective students should carefully evaluate their career prospects and earning potential.

What is the graduation rate at Eureka College?

The graduation rate at Eureka College is 41.1%, which is considered low and may suggest challenges in student retention or program completion.

How does the cost of Eureka College compare to graduate earnings?

The in-state and out-of-state tuition is $29,096. With median 10-year earnings of $51,641 and median debt of $23,250, the financial return on investment appears limited.

What kind of student experience can one expect at Eureka College?

As a small college with 522 students, Eureka College likely offers an intimate campus environment. However, its low admission selectivity (85.0%) might suggest a less academically competitive atmosphere.

Is Eureka College affordable?

Eureka College has an affordability score of 55, which is moderate. However, this score should be considered alongside the negative ROI, as the long-term financial benefits may not fully justify the cost for all students.

What is the acceptance rate at Eureka College and how hard is it to get in?

Eureka College has a high admission rate of 85.0%, indicating it is not highly selective. This suggests that most applicants who meet the basic academic requirements are likely to be admitted. While specific GPA and standardized test score ranges for admitted students are not always publicly detailed for schools with such high acceptance rates, it implies that strong academic performance is valued but not necessarily at the exclusion of other factors. Prospective students should focus on presenting a well-rounded application, including strong essays, letters of recommendation, and extracurricular involvement, to stand out. The high acceptance rate means that the college likely aims to provide access to a broad range of students, emphasizing personal growth and opportunity over strict academic gating. It's advisable for applicants to contact the admissions office directly for the most current data on average admitted student profiles and to understand any specific prerequisites for certain programs.

Is Eureka College worth the money?

Evaluating Eureka College's financial worth requires a critical look at its metrics. The tuition stands at $29,096 annually, with a median 10-year alumni earning of $51,641. This creates a significant gap, especially when considering the median debt of $23,250. The stark ROI score of -56 is a major red flag, indicating that, on average, graduates do not see a strong financial return on their investment in the years following graduation. The graduation rate of 41.1% further complicates the value proposition, as a substantial portion of students do not complete their degrees, potentially incurring debt without the intended credential. While the cost of living in Eureka, IL, is low, and the college may offer substantial financial aid, the raw numbers suggest that for many, the financial burden may outweigh the immediate career earnings. It's crucial for prospective students to investigate scholarship opportunities and potential earning trajectories within their chosen major to determine if their personal ROI will differ from the institutional average.

What are the best majors at Eureka College?

While Eureka College offers a range of liberal arts programs, identifying the 'best' majors depends on individual career aspirations and market demand. Historically, programs that align with strong regional employment sectors often provide a more direct career path. Majors such as Business Administration, Education, and Nursing (if offered or closely related programs exist) tend to have consistent demand in the Midwest. Given the college's location, fields supporting local industries like agriculture, manufacturing, or healthcare administration could also be advantageous. For those interested in public service or leadership, majors like Political Science or Communications might leverage the college's legacy. To determine the best fit, prospective students should research specific program outcomes, faculty expertise, and internship opportunities within each department. Consulting with the career services office and current faculty about job placement rates and starting salaries for graduates of specific majors is highly recommended to make an informed decision.

What is student life like at Eureka College?

Student life at Eureka College is shaped by its small size and intimate campus environment. With an enrollment of just 522 students, the college fosters a close-knit community where students are likely to know many of their peers and faculty members. Campus culture emphasizes personal attention and a supportive atmosphere. Extracurricular activities typically include a range of student clubs, intramural sports, and campus organizations that cater to diverse interests. The college likely has a strong tradition of campus events, lectures, and performances, contributing to a vibrant, albeit contained, social scene. Given its location in a small town, social life may also involve activities in the surrounding community or organized trips to nearby Peoria for entertainment. Students seeking a large university experience with extensive social options might find it limiting, but those who value strong personal relationships, direct faculty interaction, and a focused academic environment will likely thrive. The emphasis is on community engagement and shared experiences within a supportive setting.

How much financial aid does Eureka College give?

Eureka College, like many private institutions, aims to make its education accessible through various forms of financial aid. While specific aggregate data on the percentage of students receiving aid or the average aid package is not detailed here, prospective students can expect a combination of federal, state, and institutional aid. This typically includes federal grants (like Pell Grants), federal loans, and state-specific grants. Institutional aid often comprises merit-based scholarships (for academic achievement) and need-based grants. Given the tuition cost of $29,096, it is highly probable that a significant portion of the student body receives some form of financial assistance to bridge the gap between the sticker price and what families can afford. Prospective students are strongly encouraged to complete the FAFSA (Free Application for Federal Student Aid) and any institutional aid applications promptly. It's also advisable to contact the Eureka College Financial Aid Office directly to inquire about average aid packages, scholarship opportunities specific to their intended major, and any deadlines for aid applications to maximize their financial support.

What salary can I expect after graduating from Eureka College?

The median earnings for Eureka College alumni 10 years after graduation are reported as $51,641. This figure represents a broad average across all majors and career paths. Salaries can vary significantly depending on the chosen field of study, individual performance, geographic location of employment, and further education obtained. For instance, graduates entering fields with high demand in the central Illinois region, such as healthcare administration or specialized business roles within companies like Caterpillar or State Farm, might see earnings closer to or exceeding this median. Conversely, those entering lower-paying sectors or continuing directly to graduate school without immediate employment might have lower initial earnings. Without specific data broken down by major, it's difficult to provide precise salary expectations. However, prospective students should research typical starting salaries for their intended major in the Midwest and consider how Eureka's career services and internship programs can help them secure positions that align with their financial goals. The reported median earnings suggest a moderate earning potential post-graduation.

What are the dorms like at Eureka College?

Information on the specific types and amenities of dorms at Eureka College is not detailed in the provided data, but as a small residential college, housing is a central part of the student experience. Typically, small colleges like Eureka offer a mix of traditional dormitory-style living, often with shared rooms and common bathrooms, and potentially some suite-style or apartment-style options for upperclassmen. Dorms are usually supervised by Resident Advisors (RAs) who provide support and community building. Common areas within dorms often include lounges for studying and socializing, and sometimes kitchens or laundry facilities. Given the college's size, the dorms are likely to be well-integrated into campus life, fostering a strong sense of community among residents. Students can expect a supportive living environment where building relationships with peers and faculty is encouraged. Prospective students should inquire directly with the housing department at Eureka College for the most current details on room types, costs, amenities, and application procedures for on-campus housing.

Is Eureka College a good school for research?

Eureka College, with its small student-to-faculty ratio, offers potential for undergraduate research, particularly in fields that lend themselves to faculty-led projects. While not a large research university with extensive graduate programs, the intimate setting can facilitate closer collaboration between students and professors. Students interested in research might find opportunities to assist faculty with ongoing projects, conduct independent studies, or participate in capstone research projects, especially within departments like sciences, humanities, or social sciences. The college's liberal arts focus encourages critical thinking and inquiry, which are foundational to research. However, the scale of research opportunities may be more limited compared to larger institutions. Prospective students passionate about research should proactively connect with faculty in their areas of interest to explore available opportunities, discuss potential research topics, and understand the resources the college can provide for undergraduate scholarly work. The emphasis is likely on quality of engagement rather than sheer volume of research output.

How does Eureka College compare to similar schools?

Eureka College is a small, private liberal arts college in Illinois. Its peers often include other similar institutions in the Midwest, such as Illinois Wesleyan University, Augustana College (IL), Knox College, and Millikin University. Compared to these schools, Eureka's primary differentiator is its significantly smaller student body (522 vs. often 1500-2000+ for peers) and its notably lower graduation rate (41.1% vs. typically 60-70%+ for peers). While this small size can foster a very intimate community and personalized attention, it also correlates with lower median alumni earnings ($51,641 vs. often $60,000+ for peers) and a less extensive alumni network and career services infrastructure. Its ROI score of -56 is also considerably lower than most comparable institutions. Advantages for Eureka might include a potentially lower sticker price if significant aid is awarded, and a unique legacy (e.g., Ronald Reagan connection). However, disadvantages are substantial, including the lower graduation rate, weaker career outcomes, and less robust academic and extracurricular offerings compared to its more established liberal arts peers.

What do employers think of a degree from Eureka College?

Employer perception of a degree from Eureka College is likely influenced by its small size, private liberal arts focus, and its notable alumni, such as Ronald Reagan. Employers in the central Illinois region and those familiar with the college's network may view graduates positively, appreciating their potential for strong communication skills, critical thinking, and a personalized educational background. The close-knit nature of the college might suggest graduates are adaptable and possess strong interpersonal skills. However, outside of its immediate regional influence, the brand recognition of Eureka College is considerably lower than that of larger or more prominent universities. Employers may not have a pre-existing perception and will rely more heavily on the individual candidate's qualifications, internship experiences, and interview performance. The lower median earnings and ROI score suggest that the perceived market value of a Eureka degree, on average, may not command the same premium as degrees from more highly-ranked or larger institutions. Therefore, graduates need to actively demonstrate their value through tangible skills and experiences to impress employers.

Explore More

Colleges in Illinois

Browse all colleges in Illinois

Similar Schools

College Rankings

Research Tools

H-1B Visa Salary Data

Visit Eureka College official website

View on College Scorecard (Dept. of Education)

AI-generated analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.