Head-to-Head Analysis
This analysis was generated using Azimuth's proprietary framework. Our data model transforms federal education data into actionable insights. Learn about founder Daniel Rogers, explore our research methodology, or see how we think about this data.
Updated January 2026 • Decatur, IL & Oskaloosa, IA
When students choose between Millikin University and William Penn University, they're comparing two small private colleges with vastly different completion outcomes. Both schools serve around 1,000-2,500 students in Midwest communities — Millikin in Decatur, Illinois, and William Penn in Oskaloosa, Iowa.
But the completion data reveals a stark difference: Millikin graduates 59% of students versus William Penn's 29%. That 30-percentage-point gap represents the single most important factor in this comparison.
Median Student Debt at Graduation
$27,000
federal loans
$22,415
federal loans
Median Parent PLUS Loans
$25,486
borrowed by parents
$15,943
borrowed by parents
Millikin is predominantly Visual & Performing Arts-focused, with 22% of graduates earning degrees in arts fields, alongside 17% Business and 14% Education. Top programs include Nursing (45 graduates), Teacher Education (31), and Theatre Arts/Music (30 each).
William Penn emphasizes Education, with 19% of graduates in education fields, 17% Business, and 9% Social Sciences. Leading programs include Sports/Kinesiology (38 graduates), Teacher Education (34), and Business Administration (34).
These program concentrations shape career paths but don't explain the dramatic completion rate difference.
For students prioritizing degree completion, Millikin delivers both better value and better odds of success. William Penn offers lower total debt for families, making it attractive for budget-conscious students — but the 29% completion rate means most won't finish to benefit from the investment.
Millikin's 59% completion rate, while not exceptional, doubles William Penn's odds and justifies the higher annual cost. The data points to Millikin as the stronger choice for students committed to earning a degree.
However, the right decision depends on your academic preparation, support systems, and tolerance for completion risk versus cost savings.
Key Takeaway
The numbers are close, but the best school depends on your goals, values, and career aspirations.
This comparison was generated using Azimuth's proprietary ROI framework, developed by founder Daniel Rogers. Our methodology transforms federal education data into actionable insights for families.
This comparison uses Azimuth's proprietary ROI model based on U.S. Dept. of Education data. View Full Methodology.
This content is for educational and informational purposes only and should not be construed as financial, investment, or professional advice. Consult a qualified advisor before making any financial decisions.
College Azimuth is a private research initiative and is not affiliated with the U.S. Department of Education or Federal Student Aid.
