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Blackburn College

Carlinville, IL
privateWebsite
35
Value
Median Earnings (10yr)
$46,802
-13% vs average
Net Price / Year
$18,460
-9% vs average
Graduation Rate
55%
Payback Period
1.6 years
Median Debt
$24,242
Student Body
471

Blackburn College — Earnings vs Cost (vs National Average)

Admission Rate
63%

Blackburn College at a Glance

Blackburn College is a private college in Carlinville, Illinois. It was established in 1837 and named for Gideon Blackburn. The college is affiliated with the Presbyterian Church (USA).

Founded

1837

189 years old

Students

382

Identity

Athletics: BeaversMascot: Barney the Beaver and Buzz the Athletic BeaverAffiliation: Presbyterian Church (U.S.A.)President: Larry K. Lee
Sources:Wikipedia

Is Blackburn College Worth It?

At a value score of 35/100, Blackburn College is a below-average value relative to its cost. Graduates earn $46,802 — 13% below average — while paying $18,460/year. Consider alternatives with better earnings-to-cost ratios.

The investment pays for itself in just 1.6 years — among the fastest payback periods of any college we track.

A 55% graduation rate is a serious red flag — fewer than 6 in 10 students finish. Those who don't graduate may still carry student debt without the higher-earning credential to show for it.

With median debt of $24,242 representing 52% of first-year earnings, loan repayment will be a significant burden for most graduates.

Bottom line: consider whether the specific program you're interested in at Blackburn College has outcomes that justify the cost — the institution-wide numbers suggest caution.

How Blackburn College compares to peer private nonprofit colleges of similar tier nationally

Ranked #15 of 72 on value score. Peers are matched by size, median earnings, SAT, and admission rate — not just geography.

RankCollegeValueNet price / yrMedian earnings
#1Kehilath Yakov Rabbinical Seminary100$3,822$36,442
#2College of Biblical Studies-Houston100$672$39,260
#3Emmaus Bible College66$13,186$42,631
#4Yeshiva Gedolah Imrei Yosef D'spinka52$5,646$36,545
#5Pillar College49$8,470$45,577
#6University of Fort Lauderdale48$19,965$38,062
#15Blackburn College35$18,460$46,802

Peer group: private nonprofit colleges within ±60% of Blackburn College's student body size and within a similar academic tier (SAT ±80, admit rate ±10pp, median earnings ±25%).

Best Programs at Blackburn College

The highest-earning program at Blackburn College is Liberal Arts and Sciences, General Studies and Humanities at $34,700/year (4 years after graduation).

Your major matters more than the school name — a Liberal Arts and Sciences, General Studies and Humanities graduate from Blackburn College earns $34,700, while a Liberal Arts and Sciences, General Studies and Humanities graduate earns $34,700. Choose your program carefully — it's the single biggest lever you control.

Return on Investment

Estimated 4-Year Cost

$73,840

Based on $18,460/yr net price × 4 years

Earnings Premium

-13%

vs. national average of $53,787/yr

Payback Period

1.6 years

Time to recoup the total cost through higher earnings

10-Year Net Gain

$394,180

Median earnings over 10 years minus total cost of attendance

Programs & Earnings by Major

Graduate earnings data by field of study (4 years after graduation):

MajorEarnings (4yr)Earnings (1yr)
Liberal Arts and Sciences, General Studies and Humanities$34,700$34,700

Quick Facts

Institution Type
private
Location
Carlinville, IL
Student Body
471 students
Admission Rate
63%
Graduation Rate
55%
Net Price (Annual)
$18,460
Median Earnings (10yr)
$46,802
Median Student Debt
$24,242
Data from the U.S. Department of Education College Scorecard. Median earnings are measured 10 years after enrollment. Net price reflects average cost after grants and scholarships for students receiving federal financial aid. Value scores are calculated using our methodology.