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Monmouth College

Monmouth, IL — Private Nonprofit

Value Score: 28/100

Tuition (In-State): $44,922 | Out-of-State: $44,922

Acceptance Rate: 90.9% | Graduation Rate: 62.2%

Median Earnings (10yr): $51,110 | Median Debt: $27,000

Student Body Size: 702

Monmouth College offers a small liberal arts experience with a high price tag and a negative return on investment.

Report Card: Overall Grade D+

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

College Analysis

Monmouth College, a small private nonprofit institution in Illinois, presents a mixed picture for prospective students. Academically, the college offers a traditional liberal arts education, but its graduation rate of 62.2% suggests that a significant portion of students do not complete their degrees within a typical timeframe. The value proposition is questionable, with a high sticker price of $44,922 for both in-state and out-of-state students, coupled with a median 10-year post-graduation earning of $51,110. This results in a negative ROI score of -72, indicating that graduates, on average, do not recoup their investment in the degree through higher earnings within a decade. The student experience at Monmouth is shaped by its small size, fostering a potentially close-knit community, but the low admission selectivity (90.9%) might suggest a less academically rigorous environment compared to more selective institutions. While the college serves a diverse student body, the financial outcomes warrant careful consideration.

The Verdict: Is Monmouth College Worth It?

Monmouth College presents a challenging value proposition, primarily due to its high sticker price relative to the median earnings of its graduates. With an in-state and out-of-state tuition of $44,922 and median 10-year earnings of $51,110, the annual earnings barely exceed the annual tuition cost. The median debt of $27,000, while not excessively high, adds to the financial burden. The ROI score of -72 strongly indicates that, on average, graduates do not recoup their investment within a typical timeframe. To put it in perspective, it would take over 15 years of saving the entire difference between median earnings and tuition just to break even on the cost of attendance, not accounting for living expenses or loan interest. While the college offers a private liberal arts education, the career outcomes data suggests that the financial return on investment is significantly negative. Therefore, Monmouth College appears to be overpriced for the average graduate's earning potential. Students considering Monmouth College should explore all available financial aid and scholarship options thoroughly, as the net price is crucial to assessing its value. For most students, this school is not a good financial deal without substantial aid.

Return on Investment

With a median 10-year earning of $51,110 and median debt of $27,000, Monmouth College's negative ROI score of -72 suggests that the financial return on investment for a degree from this institution is not strong, with earnings not significantly outpacing the cost and debt incurred.

Debt Reality Check

Median student debt at Monmouth College: $27,000. Monthly payment on a standard 10-year plan: $307/month. Total repaid: $36,840 ($9,840 in interest).

Breakeven vs high school diploma: 1.3 years. Debt burden: Manageable. Salary needed for comfortable repayment: $36,840.

Strengths

Weaknesses

Academic Profile

Monmouth College prides itself on a liberal arts education with a strong emphasis on undergraduate research and faculty mentorship. The student-faculty ratio, though not explicitly provided, is likely quite low given the small student population, fostering intimate class sizes and personalized attention. Faculty are accessible and dedicated to teaching, often involving students in their own research projects. Notable departments include the highly regarded Business and Economics program, which benefits from strong ties to the local business community, and the Sciences, with robust offerings in Biology and Chemistry that often lead students to graduate programs or medical school. The English and History departments are also known for their rigorous coursework and opportunities for in-depth study. Monmouth offers a dedicated Honors Program for academically gifted students, providing enriched coursework and research opportunities. Study abroad is strongly encouraged, with numerous partnerships and programs available, allowing students to gain global perspectives. Academic support is robust, with the Center for Academic Success offering tutoring, writing assistance, and academic advising to ensure students have the resources they need to thrive. The college's commitment to undergraduate research is a significant draw, providing students with invaluable hands-on experience that prepares them for future academic and professional endeavors.

Financial Aid Guide for Monmouth College

Monmouth College offers a comprehensive financial aid program designed to make its private liberal arts education accessible. A significant portion of students receive some form of financial aid, with merit-based scholarships being a key component. These scholarships are often awarded automatically based on academic achievement (GPA and standardized test scores, if submitted) at the time of admission. For instance, students with strong academic profiles might receive merit awards ranging from $15,000 to $30,000 annually. Need-based aid, determined by the FAFSA and sometimes the CSS Profile, is also crucial. This can include federal grants like the Pell Grant (though the rate is not provided, it's a key federal resource), state grants, and institutional grants. Work-study opportunities are available, allowing students to earn money through part-time campus jobs, typically paying around the federal minimum wage. For families with an Expected Family Contribution (EFC) of, say, $10,000, a typical aid package might combine institutional grants, federal loans, and potentially a work-study award to bridge the gap between the total cost of attendance and the family's contribution. Scholarship tips include applying early, researching external scholarships, and highlighting unique talents or experiences in application essays. Negotiating financial aid at Monmouth is possible, especially if you have a competing offer from a similarly ranked institution, but it's generally more effective if you can demonstrate a significant change in financial circumstances. The average debt for graduates is $27,000, which is relatively moderate for a private institution, suggesting that aid packages are often effective in managing educational costs.

Hidden Costs at Monmouth College

Alumni Outcomes & Career Paths

Monmouth College graduates enter a diverse job market, with alumni finding opportunities across various sectors. While specific major employer recruitment data for Monmouth College is not publicly detailed, graduates often leverage their liberal arts foundation to pursue roles in education, healthcare, business, and non-profit organizations. Industries where alumni tend to cluster include K-12 education, with many graduates becoming teachers and administrators in Illinois and surrounding states. The healthcare sector also sees a significant number of alumni, particularly those with biology or pre-health concentrations, moving into roles as nurses, lab technicians, and administrative staff in regional hospitals and clinics. Business and finance roles are also common, with alumni working in banking, accounting, and marketing for companies like Busey Bank and local financial institutions. The non-profit sector benefits from Monmouth graduates who often find fulfilling careers in community outreach, social services, and arts organizations. Graduate school placement rates are generally strong, with students pursuing advanced degrees in fields such as law, medicine, education, and specialized master's programs. Notable alumni include individuals who have made significant contributions in their respective fields, though specific widely recognized public figures are less common for a college of this size. Monmouth College's career services are designed to support students through resume building, interview preparation, and networking events. The college emphasizes internship opportunities, with students often securing placements at local businesses, hospitals, and schools, providing valuable hands-on experience. Geographic hiring patterns show a strong tendency for graduates to remain in Illinois, particularly in the Quad Cities metropolitan area (Davenport, IA; Moline, IL; Rock Island, IL; Bettendorf, IA) and the Chicago metropolitan area, as well as in their home states if they are from out-of-state. Some alumni also find opportunities in neighboring states like Iowa and Wisconsin.

Campus Life & Culture at Monmouth College

Monmouth College attracts a predominantly residential student body, with a significant portion hailing from Illinois and surrounding Midwestern states, fostering a strong regional connection. The student body is generally composed of individuals who value a close-knit community, personalized attention from faculty, and a hands-on liberal arts education. Students who thrive here are typically engaged, curious, and eager to participate actively in campus life, both academically and socially.

Monmouth College cultivates a close-knit, residential campus experience deeply embedded in the heart of its namesake town. With a student body of just over 700, the 'Monmouth Effect' is palpable – you'll quickly recognize faces and forge meaningful connections. The campus itself is a blend of historic stone buildings and modern facilities, centered around the iconic Wallace Hall and the serene Whispering Woods. Student life is vibrant and accessible, with over 60 student organizations catering to a wide array of interests, from the Debate Club and the student newspaper, The Monmouth College Chronicle, to various cultural and academic clubs. The college strongly emphasizes experiential learning, which often translates into active participation in student government, leadership roles in clubs, and community engagement projects. Housing is guaranteed for the first three years, with options ranging from traditional residence halls like South Hall to apartment-style living for upperclassmen. The dining hall, located in the Stockdale Student Center, offers a variety of meal options, and students often gather at local spots like the historic Great Plains Theatre or the popular downtown cafes for informal socializing. While Greek life exists with a few fraternities and sororities, it's not the dominant social force, allowing for a more diverse social landscape. Athletics are a significant part of the culture, with the Fighting Scots competing in the Midwest Conference, fostering a strong sense of school spirit, especially during homecoming week and major sporting events. The overall vibe is one of engaged community, where students are encouraged to be active participants in shaping their college experience, both inside and outside the classroom.

Campus Highlights

Location & Regional Advantages

Monmouth, Illinois, offers a distinct regional context for Monmouth College students. The local job market is primarily driven by agriculture, manufacturing, and healthcare, with smaller businesses and service industries forming the backbone of the economy. While not a major industrial hub, Monmouth's proximity to the Quad Cities metropolitan area (approximately 45 minutes away) provides access to a larger and more diverse job market, including significant employers in manufacturing (e.g., John Deere), healthcare (e.g., Genesis Health System), and logistics. The cost of living in Monmouth is considerably lower than in major metropolitan areas, making student loan repayment potentially more manageable post-graduation. Quality of life in Monmouth is characterized by a small-town feel, with a focus on community and a slower pace of life. The weather is typical of the Midwest, with four distinct seasons, including cold winters and warm, humid summers. Safety is generally high in Monmouth, consistent with many small Midwestern towns. The geographic location, while offering affordability and a close-knit community, presents a challenge in terms of direct access to large, diverse, and high-paying job markets. Graduates seeking careers in highly specialized or rapidly growing industries may need to relocate to larger cities like Chicago or the Quad Cities to find suitable opportunities. However, for students interested in careers in education, local government, or community-focused roles within smaller towns, the Monmouth area can be advantageous.

How to Get Into Monmouth College

Monmouth College employs a rolling admissions process, meaning applications are reviewed as they are received, though applying by the priority deadlines (often in February for fall admission) is recommended to maximize scholarship consideration. With an admission rate of 90.9%, Monmouth is accessible to a broad range of students, but demonstrating genuine interest and a good fit for the liberal arts environment is still key. The admissions committee looks for students who are engaged, curious, and likely to contribute to the campus community. While SAT/ACT scores are not a primary focus (indicated by N/A data), strong academic performance in high school, reflected in your GPA, is crucial. Essays are an opportunity to showcase your personality, critical thinking skills, and why Monmouth specifically appeals to you; focus on your academic interests, extracurricular involvement, and how you envision contributing to the college. Demonstrated interest can be shown through campus visits (virtual or in-person), attending information sessions, and engaging with admissions counselors. Since selectivity is not extremely high, a well-rounded application with a clear articulation of your goals and how Monmouth can help you achieve them will stand out. Aim to submit your application and all supporting materials by early spring to ensure timely review for both admission and financial aid.

How Monmouth College Compares to Similar Schools

Similar schools: Knox College, Augustana College (Rock Island, IL), Coe College, Cornell College

Advantages

Disadvantages

Best For

Avoid If

Frequently Asked Questions about Monmouth College

Is Monmouth College a good investment for future earnings?

Based on the provided data, Monmouth College has a negative ROI score (-72), indicating that median earnings 10 years after entry ($51,110) do not significantly outweigh the cost of attendance and median debt ($27,000).

What is the graduation rate at Monmouth College?

The graduation rate at Monmouth College is 62.2%.

How selective is Monmouth College's admission process?

Monmouth College has a high admission rate of 90.9%, suggesting it is not highly selective.

What is the average debt for graduates of Monmouth College?

The median debt for graduates of Monmouth College is $27,000.

Is Monmouth College worth the cost for students in Illinois?

The cost is the same for in-state and out-of-state students ($44,922), and the overall ROI is negative, suggesting that the value may not be present regardless of residency.

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

Monmouth College has a relatively high acceptance rate of 90.9%, indicating that it is not highly selective. This suggests that a significant majority of students who apply are admitted, making it an accessible option for many prospective students. While the admission rate is high, it's important for applicants to still present a strong application. This includes demonstrating academic preparedness through high school coursework, maintaining a solid GPA, and submitting thoughtful essays. Extracurricular involvement and letters of recommendation can also strengthen an application. The college likely looks for students who are a good fit for its liberal arts environment and who can contribute to the campus community. While getting in may not be the biggest hurdle, succeeding at Monmouth College requires dedication to academic pursuits and engagement with the college's offerings. Prospective students should focus on showcasing their potential for success within the college's academic framework rather than solely on meeting stringent academic thresholds.

Is Monmouth College worth the money?

Based on the provided financial data, Monmouth College presents a significant financial challenge regarding its return on investment (ROI). The annual tuition of $44,922 is very close to the median 10-year earnings of $51,110. This means that, on average, a graduate's annual earnings barely cover the cost of one year's tuition. With a median debt of $27,000, graduates face a substantial financial burden. The ROI score of -72 is a strong indicator that the financial benefits of a Monmouth degree, on average, do not outweigh the costs within a reasonable timeframe. It would take many years of saving the entire difference between earnings and tuition to break even, without considering living expenses or loan interest. While the college offers a private liberal arts education, the current financial metrics suggest it is overpriced for the average graduate. Students should only consider Monmouth if they receive substantial financial aid, scholarships, or have a clear, high-earning career path in mind that justifies the cost.

What are the best majors at Monmouth College?

While specific data on the 'best' majors at Monmouth College in terms of immediate post-graduation salary is not detailed, a liberal arts education typically excels in fostering critical thinking, communication, and problem-solving skills applicable across many fields. Majors that often lead to strong graduate school placement or stable career paths include Biology (especially for pre-health professions), English, History, and Business Administration. Students pursuing Biology often matriculate into medical, dental, or veterinary schools, or find roles in healthcare support. English and History graduates frequently find success in fields like education, law, journalism, and non-profit management, leveraging their strong writing and analytical abilities. Business Administration graduates can pursue careers in finance, marketing, and management. The value of a major at Monmouth College often lies less in its direct vocational training and more in its ability to build a versatile skill set. Students are encouraged to explore majors that align with their passions and to utilize career services to understand potential career trajectories and further education opportunities associated with each program.

What does student life like at Monmouth College?

Student life at Monmouth College is characterized by its small size, fostering a close-knit and engaged campus community. With an enrollment of just over 700 students, opportunities for personal interaction with faculty and peers are abundant. The college offers a range of extracurricular activities, including over 30 student clubs and organizations covering academic interests, cultural pursuits, community service, and recreational activities. Athletics are a significant part of campus life, with the Fighting Scots competing in NCAA Division III. Social events, campus traditions, and student government provide avenues for involvement and leadership. The residential campus environment encourages students to live and learn together, contributing to a strong sense of belonging. While the small-town setting of Monmouth, IL, means that off-campus entertainment options are limited, students often create their own social scene through campus events, dorm activities, and gatherings. The emphasis is on a supportive, participatory environment where students are encouraged to get involved and make the most of their college experience.

How much financial aid does Monmouth College give?

Monmouth College provides financial aid to a significant portion of its students, aiming to make its private education more accessible. While specific percentages and average aid amounts can fluctuate annually, the college typically offers a mix of merit-based scholarships and need-based grants. Merit scholarships are often awarded based on academic achievement, such as GPA and standardized test scores (if submitted). Need-based aid is determined by a student's demonstrated financial need, assessed through the FAFSA (Free Application for Federal Student Aid) and sometimes the CSS Profile. Federal aid programs, including Pell Grants and federal student loans, are also available to eligible students. It is crucial for prospective students to complete the FAFSA as early as possible to be considered for all types of aid. Given the high sticker price, the net price after financial aid is the most critical figure for families to consider. Students should actively engage with the Monmouth College Financial Aid Office to understand their specific aid package and explore all available options, including payment plans and external scholarships.

What salary can I expect after graduating from Monmouth College?

The median earnings for Monmouth College graduates 10 years after enrollment are reported as $51,110. This figure represents the median across all graduates and all majors, and individual salaries can vary significantly based on the chosen field of study, geographic location of employment, and career progression. For instance, graduates entering high-demand fields like certain areas of healthcare or specialized business roles might earn considerably more, while those in lower-paying sectors or public service might earn less. Without specific salary data broken down by major, it's difficult to provide precise expectations for each program. However, given the liberal arts focus, many graduates enter fields like education, non-profit work, or general business roles, which may have a moderate earning potential. The median earnings suggest that graduates may not see a substantial salary premium immediately after graduation compared to the cost of attendance. It is advisable for prospective students to research typical starting and mid-career salaries for their intended majors in their desired geographic locations to set realistic expectations.

What are the dorms like at Monmouth College?

Monmouth College provides a range of on-campus housing options designed to support student life and community building. The college typically requires students to live on campus for their first two years, ensuring that most undergraduates experience the residential aspect of college life. Housing options generally include traditional residence halls, which feature double or triple occupancy rooms with shared common bathrooms, and sometimes suite-style living arrangements. These halls are usually supervised by Resident Assistants (RAs) who help foster a positive living environment and provide support. Common areas within the dorms often include lounges, study rooms, and kitchens. The specific amenities and room configurations can vary by building. While not luxurious, the dorms are intended to be functional and conducive to student success. Students often find that the shared living experience is a key part of their social development and connection to the college community. Information on specific residence halls, room layouts, and application processes is typically available through the college's housing and residential life office.

Is Monmouth College a good school for research?

Monmouth College, as a liberal arts institution, offers opportunities for undergraduate research, particularly within its science and humanities departments. While it may not have the extensive research infrastructure of a large R1 university, it emphasizes faculty-student collaboration. Students interested in research can often engage with professors on ongoing projects, assist with data collection and analysis, and even present their findings at undergraduate research symposia or regional conferences. Departments like Biology, Chemistry, and Psychology frequently involve students in research activities. The college also offers programs like the Summer Research Program, which provides stipends for students to conduct intensive research under faculty mentorship. These experiences are valuable for students considering graduate school, as they provide hands-on research skills and a deeper understanding of their chosen academic field. While the scale of research may be smaller, the personalized attention and direct involvement with faculty can make Monmouth a good environment for undergraduates seeking research experience.

How does Monmouth College compare to similar schools?

Monmouth College is often compared to other small, private liberal arts colleges in the Midwest, such as Knox College, Augustana College (Rock Island, IL), and Coe College. These institutions share a similar focus on undergraduate education, small class sizes, and a residential campus experience. In terms of academic offerings, they often provide a broad range of majors within the liberal arts and sciences. However, Monmouth College's key differentiator can be its specific campus culture and the strength of its alumni network within its immediate region. Compared to peers like Augustana, which is located in the larger Quad Cities area, Monmouth's more isolated location might offer a different student experience and potentially fewer immediate internship opportunities in diverse industries. Academically, these schools are generally comparable in tier. However, Monmouth's median graduate earnings are notably lower than some of its peers, which impacts its value proposition. While all these schools offer a strong liberal arts foundation, prospective students should weigh the specific campus environment, location-based opportunities, and financial outcomes when choosing among them.

What do employers think of a degree from Monmouth College?

Employers generally view degrees from established liberal arts colleges like Monmouth College positively, particularly for their emphasis on critical thinking, communication, and problem-solving skills. While Monmouth may not have the widespread brand recognition of larger universities, its graduates are often valued for their well-rounded education and ability to adapt to various professional environments. Companies that recruit from Monmouth often do so because they are looking for candidates with strong foundational skills rather than highly specialized technical training. The college's alumni network, though perhaps smaller than that of larger institutions, can be a significant asset, with graduates often supporting current students and recent alumni in their job searches. Employers who have hired Monmouth graduates often report satisfaction with their work ethic, intellectual curiosity, and ability to learn quickly. The perception of a Monmouth degree is often tied to the individual graduate's performance and the specific skills they bring to the role, rather than solely the institution's national reputation.

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