McKendree University
Lebanon, IL 62254-1291 — Private Nonprofit
Value Score: 70/100 | ROI Score: -58 | Affordability Score: 55/100
Tuition (In-State): $34,740 | Out-of-State: $34,740
Acceptance Rate: 71.7% | Graduation Rate: 56.6% | Retention Rate: 67.3%
Median Earnings (10yr): $58,572 | Median Debt: $23,250
Student Body Size: 1,752 (small)
Pell Grant Recipients: 33.6% | Federal Loan Rate: 41.8%
Average Faculty Salary: $7,069/month
Tuition & Affordability Analysis
In-state tuition at McKendree University is $34,740 per year, which is 12% below the national average for private institutions.
Out-of-state students pay $34,740/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.
Estimated four-year tuition cost: $138,960 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at McKendree University:
- Families earning $0–$30,000: $21,928/year
- Families earning $30,001–$48,000: $21,432/year
- Families earning $48,001–$75,000: $21,041/year
- Families earning $75,001–$110,000: $28,333/year
- Families earning $110,000+: $29,066/year
Low-income families receive an average discount of $12,812/year, paying just 63% of the sticker price.
Admissions Snapshot
McKendree University has an acceptance rate of 71.7%, placing it in the Less Selective (70–85%) category. This means roughly 611 students apply each year.
Graduate Outcomes & Return on Investment
56.6% of students at McKendree University complete their degree, 9% below the national average. This is below average — prospective students should investigate support services and retention programs.
First-year retention rate: 67.3% (17% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.
Graduates of McKendree University earn a median salary of $58,572 ten years after enrollment, 43% above the national average. This represents a $23,572/year earnings premium over the average high school diploma holder, or $707,160 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $23,250, 8% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $252/month, with a total repayment of $30,240 (including $6,990 in interest).
Debt-to-Earnings Ratio: 0.40x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from McKendree University pays for itself in approximately 6 years. This is a reasonable investment timeline.
Financial Aid Profile
33.6% of students at McKendree University receive Pell Grants (federal need-based aid for families earning under ~$60,000), near the national average. This is near the national average, reflecting a typical economic diversity among the student body.
41.8% of students take federal loans, 11% below the national average. This is a moderate borrowing rate.
Average faculty salary: $7,069/month, 19% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
McKendree University enrolls 1,752 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.
Diversity Index: 70/100 (higher = more diverse). McKendree University has a highly diverse student body with strong representation across multiple racial and ethnic groups.
Student body composition: White 54%, Hispanic 5%, Black 9%, Asian 1%.
McKendree University: Small Class Sizes and Above-Average Earnings Post-Graduation
- McKendree University: A Midwestern Private College with Regional Reach
- Navigating Your Career Path: Understanding McKendree University's Graduate Outcomes
- Is McKendree University the Right Fit for Your Budget and Future?
Report Card: Overall Grade C-
McKendree University receives an overall grade of C- based on six dimensions:
- Academics: D
- Value: F
- Outcomes: B
- Affordability: B
College Analysis
McKendree University is a Private Nonprofit institution in Lebanon, IL with approximately 1,752 students. McKendree University has a relatively low graduation rate, which may indicate challenges in student retention. The university's median earnings 10 years after graduation are above the national average, suggesting a good return on investment. McKendree University has a strong focus on small class sizes, which can enhance the learning experience. The university's admission rate is above average, indicating a more selective admissions process.
The Verdict: Is McKendree University Worth It?
McKendree University presents a challenging value proposition. With an out-of-state tuition of $34,740 and a median 10-year earning potential of $58,572, the initial financial picture is not overwhelmingly positive. The median debt of $23,250, while not exorbitant, adds to the financial burden. The ROI score of -58 strongly suggests that, on average, graduates do not recoup their investment quickly or significantly beyond what they might have earned without the degree, especially when considering the opportunity cost of four years of study. The earnings are modest compared to the cost of attendance, and the debt payoff timeline, even with a good salary, would likely extend beyond the typical 5-7 years for many graduates. While McKendree offers a private education experience, the financial return does not currently justify the investment for the average student. It is not a hidden gem, nor is it a straightforward bad deal, but the financial metrics indicate a need for extreme caution and a focus on high-earning majors or significant scholarship aid.
Return on Investment
Despite the high cost, the earnings potential suggests that the degree may be worth the investment for many students, but careful consideration of the debt burden is advised.
Debt Reality Check
Median student debt at McKendree University: $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: 0.8 years. Debt burden: Manageable. Salary needed for comfortable repayment: $31,680.
Strengths
- Strong focus on small class sizes
- Above-average earnings 10 years post-graduation
- Good job prospects
Weaknesses
- Below-average graduation rate
- Higher than average tuition and debt levels
- Higher admission rate compared to some peers
Academic Profile
Retention Rate: 67.3%.
McKendree University prides itself on providing a personalized academic experience, a hallmark of its private, liberal arts foundation. While the university offers a broad range of undergraduate programs, certain areas stand out. The School of Business is a strong contender, with popular majors like Marketing, Management, and Accounting, often incorporating internships and real-world projects. The School of Education is also highly regarded, preparing students for careers in teaching with a focus on practical classroom experience. For students interested in STEM, the Biology and Chemistry departments offer robust curricula and opportunities for undergraduate research, often involving faculty mentors. The university emphasizes undergraduate research, encouraging students to present their findings at conferences and even publish their work. Faculty quality is a key component of the McKendree experience; while specific salary data isn't readily available, the university's commitment to a student-faculty ratio that allows for individual attention suggests a dedicated teaching staff. The Honors Program provides a challenging academic path for high-achieving students, offering smaller class sizes, enriched coursework, and opportunities for independent study. McKendree also offers study abroad programs, allowing students to broaden their horizons and gain a global perspective. Academic support is readily available through the Tutoring Center and the Academic Success Center, which provides resources for writing, study skills, and time management, ensuring students have the tools they need to succeed.
Financial Aid Guide for McKendree University
Pell Grant recipients: 33.6%. Students taking federal loans: 41.8%.
McKendree University employs a comprehensive approach to financial aid, aiming to make its private education accessible. A significant portion of students receive some form of aid, with merit-based scholarships being a primary driver. These scholarships are often awarded automatically based on academic achievement (GPA and standardized test scores, though these are not currently listed as averages). Incoming freshmen can expect to see merit awards ranging from a few thousand dollars up to a substantial portion of tuition, potentially reaching $15,000-$20,000 or more for top academic performers. Need-based aid, determined by the FAFSA, is also crucial. McKendree aims to meet a portion of demonstrated need through grants and institutional aid. For families with an Expected Family Contribution (EFC) below $10,000, it's reasonable to expect a significant aid package that could cover 50-75% of tuition and fees. Work-study opportunities are available for eligible students, providing on-campus employment to help offset living expenses. Typical aid packages for students from middle-income families (e.g., $75,000-$125,000 annual income) might combine merit scholarships with some need-based grants, potentially reducing the net cost of attendance considerably. Scholarship tips include applying early, exploring external scholarships, and highlighting unique talents or experiences in application essays. While McKendree is generally not known for aggressive aid negotiation, presenting a strong case with competing offers or significant changes in financial circumstances might yield some flexibility, though substantial increases are unlikely without compelling reasons.
Hidden Costs at McKendree University
- Room and board costs can add an estimated $10,000-$14,000 per academic year, depending on the chosen meal plan and housing type.
- Textbooks and course materials can range from $800 to $1,200 annually, with some specialized courses requiring more expensive resources.
- Student activity fees, typically around $200-$300 per semester, fund campus events, clubs, and organizations.
- Transportation costs, especially for students commuting from further distances or traveling home frequently, can add $500-$2,000+ per year.
- Parking permits for students with vehicles on campus can cost $100-$250 annually.
- Personal expenses, including toiletries, entertainment, and miscellaneous items, can easily amount to $1,500-$3,000 per year.
- Health insurance, if not covered by a parent's plan, can add $2,000-$4,000 annually for the university's student health plan.
Alumni Outcomes & Career Paths
McKendree University graduates find employment across a diverse range of sectors, with a notable presence in education, healthcare, and business services. While specific major employer data for McKendree is not publicly detailed, institutions of its size and type often see alumni placed within regional healthcare systems like HSHS St. Elizabeth's Hospital or BJC HealthCare, school districts in the greater St. Louis area (e.g., Belleville Township High School District 201), and various financial services firms in nearby St. Louis. Industries where alumni tend to cluster include K-12 education, nursing and allied health professions, and general business administration roles. Graduate school placement rates are not explicitly published, but programs like Psychology and Education often feed into further academic pursuits. Notable alumni are not widely publicized, suggesting a focus on regional impact rather than national recognition. McKendree's career services likely emphasize building local networks and providing resume workshops, interview coaching, and job fairs tailored to the Illinois and Missouri job markets. Internship pipelines are crucial for students, with opportunities often found through faculty connections and local business partnerships, potentially including placements at companies like Edward Jones or Ameren in the St. Louis metropolitan area. Geographic hiring patterns strongly favor the St. Louis metropolitan area and surrounding Illinois communities, with a smaller percentage venturing further afield.
Campus Life & Culture at McKendree University
McKendree University attracts a student body primarily from Illinois, with a growing number of students from surrounding states and a small but present international population. The university thrives with students who are engaged, community-oriented, and appreciate a smaller, more personal learning environment where faculty are accessible and supportive.
McKendree University, nestled in the historic town of Lebanon, Illinois, offers a close-knit campus community with a distinct small-town feel. The 'Bearcat' spirit is palpable, especially during athletic events and campus traditions. Student life revolves around a blend of academic pursuits and extracurricular engagement. The university boasts over 60 student organizations, ranging from academic clubs like the Biology and Chemistry Societies to interest-based groups such as the Gaming Club and the Student Activities Board, which is instrumental in organizing popular events like Homecoming and Spring Fling. Greek life is present, with a few fraternities and sororities contributing to the social fabric, though it's not the dominant force on campus. Housing options include traditional residence halls like Carter Hall and St. Louis Hall, as well as apartment-style living for upperclassmen, fostering a sense of community and shared experience. Dining services are centered around the Pheasant Dining Hall, offering a variety of meal options, with additional campus eateries providing convenient grab-and-go choices. The university's location in Lebanon, about 30 miles east of St. Louis, provides students with access to big-city amenities while maintaining a focused academic environment. Many students find themselves drawn to the friendly atmosphere and the ease of getting involved. The general vibe is one of engaged learning and community involvement, where students are encouraged to step outside their comfort zones and participate actively in campus life. Expect a supportive environment where faculty and staff are accessible and invested in student success.
Campus Highlights
- The historic "Old Main" building, a landmark on campus, adds a sense of tradition and architectural beauty.
- The "Bearcat" mascot and spirited athletics program foster a strong sense of school pride and community engagement.
- McKendree's location in Lebanon, IL, offers a peaceful, focused academic setting with convenient access to the cultural and professional opportunities of nearby St. Louis.
- A strong emphasis on undergraduate research provides students with valuable hands-on experience and faculty mentorship.
- The university's commitment to service learning and community engagement encourages students to make a positive impact beyond campus.
- The "McKendree Experience" is often cited by students as a key differentiator, emphasizing personalized attention and a supportive environment.
Location & Regional Advantages
McKendree University's location in Lebanon, Illinois, offers a blend of small-town charm and proximity to a major metropolitan hub. The local job market in St. Clair County and surrounding areas is primarily driven by healthcare, education, and government services, with a significant economic influence from Scott Air Force Base. The cost of living in Lebanon and the broader St. Louis region is generally lower than national averages, making the tuition more manageable relative to expenses. Proximity to St. Louis (approximately 30 miles away) is a key advantage, providing access to a much larger and more diverse job market with major employers in finance (Wells Fargo Advisors, Edward Jones), healthcare (BJC HealthCare, SSM Health), technology, and manufacturing. The quality of life in the St. Louis area is good, offering a wide array of cultural attractions, dining, and entertainment, though like many Midwestern cities, it experiences distinct seasons with cold winters and warm, humid summers. Safety is generally good in Lebanon, and the St. Louis region has varying safety profiles depending on the neighborhood. This location provides students with opportunities for internships and post-graduation employment within a robust regional economy, while still offering a more focused, less overwhelming campus environment.
How to Get Into McKendree University
McKendree University employs a moderately selective admissions process, with a 71.7% acceptance rate suggesting a welcoming environment for a broad range of students. While Early Decision (ED) and Early Action (EA) are not explicitly highlighted as having significant advantages, applying by their respective deadlines (typically November 1st for EA and January 15th for ED) is always recommended to ensure full consideration for both admission and scholarships. The admissions committee values a holistic review, looking beyond just grades and test scores. Strong essays that showcase personality, resilience, and a clear understanding of McKendree's mission are crucial. Demonstrated interest is likely considered; engaging with admissions counselors, attending virtual or in-person information sessions, and visiting campus can positively impact your application. While specific GPA and test score ranges are not provided, applicants generally need a solid high school record to be competitive. For those with a GPA around 3.0-3.5 and a strong ACT score (midpoint not provided, but aiming for 19-24 would be a reasonable target), a compelling essay and extracurricular involvement can significantly strengthen their application. The timeline should involve preparing application materials by late fall of your senior year, submitting by the early deadlines, and completing financial aid forms (FAFSA) as soon as they become available (October 1st).
How McKendree University Compares to Similar Schools
Similar schools: Southern Illinois University Edwardsville (SIUE), Saint Louis University (SLU), Webster University, University of Missouri-St. Louis (UMSL)
Advantages
- More intimate class sizes and personalized attention typical of smaller private institutions.
- Potentially stronger sense of community and alumni engagement within its specific niche.
- Lower cost of living in the immediate Lebanon area compared to the urban core of St. Louis.
Disadvantages
- Significantly lower national recognition and employer brand perception compared to larger public or private universities.
- Fewer resources and research opportunities compared to larger peer institutions.
- Limited geographic reach for post-graduation employment compared to schools with stronger ties to major metropolitan centers.
Best For
- Prospective students who prioritize high graduation rates and low debt levels may want to consider other options.
- Students looking for a more rigorous admissions process might find McKendree less competitive than their peers.
- Those seeking a larger student body and more diverse campus culture may prefer larger institutions.
Avoid If
- Students who are looking for a smaller, more personalized educational experience may find McKendree University too small and isolated.
- Prospective students who are concerned about the high cost of tuition and student debt may want to explore more affordable options.
Frequently Asked Questions about McKendree University
How much does it cost to attend McKendree University?
In-state tuition at McKendree University is $34,740 per year, and out-of-state tuition is $34,740 per year. The median student debt at graduation is $23,250.
What is the acceptance rate at McKendree University?
McKendree University has an acceptance rate of 71.7%.
What is the graduation rate at McKendree University?
McKendree University has a graduation rate of 56.6%.
How much do McKendree University graduates earn?
The median earnings for McKendree University graduates 10 years after enrollment is $58,572. With median debt of $23,250, graduates earn roughly 2.5x their debt level annually.
How big is McKendree University?
McKendree University has approximately 1,752 students and is classified as a small institution. It is located in Lebanon, IL and is a Private Nonprofit institution.
Is McKendree University worth the cost?
McKendree University has an ROI score of -58 out of 100. With in-state tuition of $34,740 per year and median post-graduation earnings of $58,572, the data suggests the return on investment may be below average.
Where is McKendree University located?
McKendree University is located in Lebanon, IL. It is a Private Nonprofit institution with approximately 1,752 students.
How much student debt do McKendree University graduates have?
The median student debt for McKendree University graduates is $23,250. With median earnings of $58,572 ten years after enrollment, graduates can expect a debt-to-income ratio of 40%.
Is McKendree University a good college?
McKendree University has a graduation rate of 56.6% and median post-graduation earnings of $58,572. Graduation rate of 56.6% is below the national average for similar institutions.
How does McKendree University compare to similar colleges?
Admission rate of 71.72% is higher than the national average, suggesting a more relaxed admissions process. While McKendree University offers above-average earnings post-graduation, its high tuition and debt levels may not justify the cost for some students.
What career prospects do McKendree University graduates have?
Graduates of McKendree University can expect to enter the job market with strong earning potential, making it a good choice for those prioritizing financial stability.
What should prospective students know about McKendree University?
McKendree University is well-positioned in the market for students seeking a small, private, and affordable education with good job prospects.
What makes McKendree University stand out?
Median debt of $23,250 is above the national average, indicating higher student borrowing.
What are the pros and cons of attending McKendree University?
Median earnings 10 years post-graduation are $58,572, which is above the national average.
Explore More
Colleges in Illinois
Browse all colleges in Illinois
Similar Schools
- Southern Illinois University Edwardsville (SIUE)
- Saint Louis University (SLU)
- Webster University
- University of Missouri-St. Louis (UMSL)
College Rankings
Research Tools
H-1B Visa Salary Data
- H-1B Salaries in Illinois — Visa sponsorship salary data for Illinois
- Top H-1B Sponsors — Companies sponsoring work visas
- H-1B Salary Calculator
Visit McKendree University official website
View on College Scorecard (Dept. of Education)
Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.