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Cost & ROI · 2026

Is Rasmussen University-Illinois worth it?

Pay $19,854/yr after aid. Graduates earn a median of $39,080 ten years out — about 2.0× the annual cost. EduGradify value grade: D.

Net price $19,854 per year, after aid
Earnings 10y $39,080 median, post-enrollment
Median debt $20,899 ≈ $227/mo
D Top 82% Exceptional Investment

The ROI math, in 30 seconds

$19,854 × 4 years = $79,416 total cost
$39,080 / year earned 10 years after enrolling
=
4.92 ROI score Grade D · Top 82% value

Benchmarks

Rasmussen University-Illinois vs Illinois avg vs national avg

How this school stacks up against the typical Illinois college and the typical US college.

Metric Rasmussen University-Illinois Illinois avg National avg
Avg net price $19,854 $18,082 $18,467
Median earnings 10y $39,080 $54,042 $50,834
Median debt $20,899 $20,325 $19,694
Graduation rate 42.5% 53.7% 49.9%
Acceptance rate 72.7% 72.3%

Hidden cost

What you actually pay, by family income

Net price after grants and scholarships changes a lot depending on family income. Find your bracket.

$0 – $30k Low income
$19,000 per year
$30k – $48k Lower-middle
$21,396 per year
$48k – $75k Middle
per year
$75k – $110k Upper-middle
$24,604 per year
$110k+ High income
$17,655 per year

Total cost

4-year cost projection

Estimated net price each year through graduation, assuming a typical 3% annual tuition increase.

Year 1 $19,854 2026–2027
Year 2 $20,450 2027–2028
Year 3 $21,063 2028–2029
Year 4 $21,695 2029–2030
4-year total $83,062 net of expected aid

Sticker price (without aid) would run roughly $110,404 over four years. Most students get $7,747/yr in grants and scholarships.

Debt math

Loan repayment scenarios

If you borrow the median $20,899 at a 6.5% federal rate, here's what each repayment plan looks like.

10-year standard plan $227/mo Total paid: $27,240
15-year extended $171/mo Total paid: $30,780
20-year extended $144/mo Total paid: $34,560

Debt-to-earnings: 53% of one year's median pay. Financial advisors recommend keeping student debt under 100% of expected first-year salary. You're below the recommended ceiling.

Lifetime impact

Lifetime earnings boost vs no degree

Over a typical 40-year career, the median Rasmussen University-Illinois grad earns about -$236,800 more than a high school graduate (assuming HS median ≈ $45k/yr, BLS).

Annual earnings advantage +-$5,920 vs HS-only median
Career-long boost -$236,800 40-year horizon, today's dollars
Net of 4-year cost -$316,216 after paying $79,416 for the degree

Caveat: this is a population median, not a guarantee. Actual outcomes vary widely by major, career path, and individual choices. We're showing the median to set realistic expectations.

The verdict

What the numbers say about Rasmussen University-Illinois

The average student at Rasmussen University-Illinois pays $19,854 a year after grants and scholarships, against a $27,601 published sticker price. That is above the IL average net price of $18,082.

Ten years after entry, graduates earn a median of $39,080 — below the IL median of $54,042. Weighed against what students actually pay, EduGradify models this as an exceptional investment.

Typical graduates borrow about $20,899, roughly $227 a month on a standard ten-year plan — a moderate load at about 53% of one year's median earnings.

Smart alternatives

Cheaper Illinois colleges with comparable outcomes

Same state, at least 20% lower net price, with earnings within reach of Rasmussen University-Illinois.

Frequently asked

Cost & ROI questions

What is the net price at Rasmussen University-Illinois?

The average net price — what students actually pay after grants and scholarships — is $19,854 per year. That's $7,747/yr in financial aid against the $27,601 sticker price. Over four years, that adds up to roughly $79,416.

How much do Rasmussen University-Illinois graduates earn?

Ten years after enrolling, Rasmussen University-Illinois graduates earn a median of $39,080 per year — below the national average of $50,834. That's about 2.0× the annual net cost.

How much debt do Rasmussen University-Illinois graduates take on?

Median federal loan debt at graduation is $20,899 — about $227/month on a standard 10-year repayment plan (assuming a 6.5% federal rate). 78.2% of students take federal loans.

Is Rasmussen University-Illinois worth the cost?

EduGradify assigns Rasmussen University-Illinois a value grade of D — top 82% on real ROI nationally. The math: pay $19,854/yr, earn $39,080/yr ten years out, ROI score of 4.92. Exceptional Investment.

What financial aid is available at Rasmussen University-Illinois?

61.9% of students receive federal Pell Grants (need-based federal aid). 78.2% take federal student loans. On average, students get $7,747 per year in grants and scholarships off the sticker price.

What's the difference between in-state and out-of-state tuition at Rasmussen University-Illinois?

In-state tuition is $14,078 per year. Out-of-state tuition is $14,078 per year — a difference of $0/yr or $0 over four years.

How does net price change with family income at Rasmussen University-Illinois?

Net price is income-adjusted — lower-income families typically pay much less. Students from families earning under $30k pay about $19,000. Students from families earning over $110k pay about $17,655. See the chart below for all five income bands.

How we calculate ROI

Every number on this page comes from the U.S. Department of Education College Scorecard. ROI score = (median earnings 10 years out × 10) / (avg net price × 4). The higher the ratio, the more graduates earn per dollar invested. We then percentile-rank every US college on that score to assign letter grades A+ through D. Read the full methodology →