Milikin vs. Spalding

Comparable Facts

Compare Millikin University in Decatur, IL with Spalding University in Louisville, KY on tuition, admissions, graduation, earnings, and student body data using the table above.

Millikin University is larger than Spalding based on total student enrollment (1,586 students vs. 1,553 students)

Location, institution type, and student-faculty ratio

• Millikin University is located in Decatur, IL (Small City setting); Spalding University is in Louisville, KY (Large City setting).
• Millikin University is a private, non-profit 4-year institution. Spalding University is a private, non-profit 4-year institution.
• Student-to-faculty ratio: Millikin University 10:1; Spalding University 9:1.

Milikin vs. Spalding Cost Comparison

Which college is more expensive, Milikin or Spalding? Published tuition is the sticker price; many students pay less after aid (see average net price below).

• The typical actual cost that students pay to attend (average net price) is less at Millikin University than Spalding ($22,813 vs. $25,999).
• Living costs (room and board or off-campus housing budget) at Spalding University are 29.1% lower than at Millikin University ($9,710 vs. $13,695).
• Spalding University is 8.6% more expensive for in-state tuition than Milikin (about $2,308 more per year; $29,200.00 vs. $26,892.00).
• Out-of-state tuition is 8.6% higher at Spalding than at Millikin University (about $2,308 more per year; $29,200.00 vs. $26,892.00).
• The same share of students receive grant aid at Millikin University as at Spalding University (100% vs. 100%).
• The average total grant financial aid received by Millikin University students is 78.8% larger than aid received by Spalding University students ($34,733 vs. $19,429).

Milikin vs. Spalding Admissions comparison

Which college is harder to get into, Milikin or Spalding? Typical SAT and ACT scores (same estimates as in the table above), middle 50% test ranges where reported, test score submission policy, deadlines, and acceptance rates summarize admission difficulty between Spalding and Milikin.

• The typical SAT score (median estimate) at Millikin University (1000) is 40 points higher than at Spalding (960).
• Incoming Milikin students have a 3 point higher typical ACT composite (median estimate) (21 vs. 18 at Spalding).
• Reported middle 50% SAT composite range (25th-75th percentile) for admitted students: Millikin University 860/1130; Spalding University 875/1038.
• Reported middle 50% ACT composite range (25th-75th percentile) for admitted students: Millikin University 18/25; Spalding University 15/22.
• Submitting SAT or ACT scores: Milikin - Test optional; Spalding - Test optional.
• Accepted freshman Spalding students have a 0.47 point higher average high school GPA (3.87) than students at Milikin (3.4).
• Spalding has a higher acceptance rate (99.4%) than Milikin (66.7%).
• The share of admitted students who enrolled (yield) is 10% at Milikin vs. 15.6% at Spalding.

Milikin vs. Spalding Graduation Outcomes Comparison

How do outcomes compare for Milikin and Spalding? Graduation rate, earnings, and student loan debt are common indicators. The bullets below summarize the same federal outcomes fields as the comparison table (College Scorecard / IPEDS where applicable).

• Millikin University's six-year graduation rate (65%) is higher than Spalding University's (42%).
• Graduates from Millikin University earn a median of about $1,800 more per year than Spalding graduates about ten years after starting college ($47,100 vs. $45,300), per the same Scorecard earnings definition.
• Among federal student loan borrowers, Spalding University graduates have a $2,000 lower median loan debt than Milikin graduates ($25,000 vs. $27,000).
• Among borrowers, Spalding graduates have an estimated $21 lower median monthly federal student loan payment than Milikin graduates ($258 vs. $279).
• More Milikin graduates are actively paying back their federal student loan debt than former Spalding students, three years after graduation. (66% vs. 44%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/. Values reflect the most recent year available in our dataset.