Analysis
Illinois accounting programs typically produce stronger first-year outcomes than what's suggested here for Black Hawk College. While peer accounting associate's programs nationally estimate around $37,000 in first-year earnings, comparable Illinois programs report a median of $45,770—nearly $9,000 higher. College of DuPage and Rasmussen graduates are earning in the mid-$40,000s, which raises questions about whether this pathway will provide similar momentum in the local market.
The estimated debt picture offers some reassurance. At roughly $16,000, this would be considerably below both the national and state medians for accounting associate's programs, suggesting Black Hawk's cost structure may be more favorable even if earnings lag. A debt-to-earnings ratio of 0.43 is manageable by most standards—graduates would be looking at payments representing a reasonable portion of their income.
The challenge is that these are all estimates based on peer programs, not actual outcomes for Black Hawk's accounting graduates. If your child is seriously considering this program, you'll want to press the school directly for placement rates and typical starting employers. The community college accounting route can work well for students entering local firms or corporate accounting departments, but the $8,000-$9,000 gap between this estimate and what other Illinois programs achieve is significant enough that you'd want to understand whether Black Hawk's graduates are actually hitting those higher Illinois benchmarks or clustering closer to the national average.
Where Black Hawk College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Illinois
Accounting associates's programs at peer institutions in Illinois (44 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $4,920 | $37,001* | — | $15,979* | — | |
| $4,320 | $47,775* | — | $17,284* | 0.36 | |
| $13,546 | $43,765* | $44,358 | $23,823* | 0.54 | |
| National Median | — | $37,000* | — | $19,354* | 0.52 |
Career Paths
Occupations commonly associated with accounting graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Financial and Investment Analysts
Financial Risk Specialists
Financial Examiners
Budget Analysts
Business Teachers, Postsecondary
Accountants and Auditors
Tax Examiners and Collectors, and Revenue Agents
Bookkeeping, Accounting, and Auditing Clerks
Payroll and Timekeeping Clerks
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Black Hawk College, approximately 25% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 118 similar programs. Actual outcomes may vary.