College Viability Inspection Report

Monmouth College

Illinois · Private, not-for-profit

Monmouth College is a private, nonprofit institution in Illinois, enrolling 786 students as of 2024. It graduates 51% of students in four years, returns 74% of freshmen for a second year, and costs an average of $17,768 a year after grants and scholarships. Of the 9 inspection checks that could be evaluated, 3 are flagged: Retention, Equity Gap, and Enrollment. This report benchmarks Monmouth College's most recent reported year (2024) against 2,000+ U.S. colleges across three dimensions: student outcomes, financial health, and value for money. All figures are drawn from federal IPEDS filings and are reported without editorial judgment.

Monmouth College Inspection Flags

Student Outcomes
Financial Health
Value for Your Money

Inspection flags are nine independent checks across student outcomes, financial health, and cost-to-value that surface areas of a college's reported numbers worth a closer look. A triggered flag means the college's data met a specific threshold that students and families may want to ask about — for example, graduation rates slipping below a level, or tuition rising while outcomes decline. A clear flag means the threshold was not met. Flags are signals for further conversation, not verdicts.

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College Viability
Data Summary

Monmouth College — All Reported Indicators

Plain-text reference table of every metric and inspection flag for Monmouth College. Values reflect IPEDS-reported figures; percent changes reflect endpoint-to-endpoint 2020 → 2024 comparison; percentiles reflect 2024 national rank against four-year public and private nonprofit institutions. Cells marked "not reported" indicate the indicator was not present in IPEDS for this institution.

Student Outcomes

Metric2024 Value5-Yr % ChangeNational Percentile
Four-Year Graduation Rate51.0%+10.9%67th
Six-Year Graduation Rate57.0%0.0%53rd
Full-Time Retention Rate74.0%0.0%41st
Pell Grant Six-Year Graduation Rate55.1%+2.2%63rd
Pell-to-Non-Pell Graduation Gap15.1pp+72.5%76th
Pell Share of Cohort36.6%-25.8%46th

Financial Health

Metric2024 Value5-Yr % ChangeNational Percentile
Revenue-to-Expense Ratio1.40×+58.3%91st
Total FTE Enrollment786-15.4%30th
Endowment Value$142.0M+23.8%72nd
Net Assets (End of Year)$195.3M+4.8%68th

Value for Money

Metric2024 Value5-Yr % ChangeNational Percentile
Instructional Spending %33.6%-9.4%50th
Student Support Spending %21.4%+10.4%81st
Administrative Spending %19.6%+6.8%56th
Instruction+Support to Admin Ratio2.80×-8.8%52nd
Average Net Price$17,768-4.9%45th
Net Price: $0-30K Income$12,483-9.1%43rd
Net Price: $30K-48K Income$12,400-14.1%40th
Net Price: $48-75K Income$14,782-6.4%40th
Net Price: $75K-110K Income$18,057-6.3%37th
Net Price: $110K+ Income$21,678-1.4%34th

Inspection Flags

FlagSectionStatus
Retention Below 80%
Monmouth College's retention rate fell below 80% in 5 of 5 reported years — triggering the 3-of-5 threshold.
Student OutcomesTriggered
Four-Year Graduation Rate Below 50%
Monmouth College's 4-year graduation rate fell below 50% in 1 of 5 reported years — below the 3-of-5 trigger threshold.
Student OutcomesCleared
Pell Gap Exceeds 10 Points
Monmouth College's Pell graduation gap exceeded 10 percentage points in 4 of 5 eligible years — triggering the 3-of-5 threshold.
Student OutcomesTriggered
Revenue-to-Expense Below 1.0
Monmouth College's ratio fell below 1.0 in 2 of 5 reported years — below the 3-of-5 trigger threshold.
Financial HealthCleared
Enrollment Declined 5% or More
Monmouth College's total enrollment fell from 929 to 786 students between 2020 and 2024 (-15.4%) — a decline of 5% or more.
Financial HealthTriggered
Endowment Under $50M or Growth Under 15%
Monmouth College's endowment is $142.0M and grew +23.8% between 2020 and 2024 — clearing both the $50 million size threshold and the 15% growth threshold.
Financial HealthCleared
High Cost, Low Completion
Monmouth College costs less than the national median AND graduates students at above-median rates — neither condition for this flag is met.
Value for MoneyCleared
Spending on Students Below the National Median
Monmouth College spends $2.80 on instruction and student support per $1 of admin in 2024 — at or above the national median of $2.75 in every reported year.
Value for MoneyCleared
Rising Price, Falling Outcomes
Either net price did not rise or the graduation rate did not decline between 2020 and 2024 — flag not triggered.
Value for MoneyCleared