Analysis
Accounting graduates from Illinois bachelor's programs typically earn around $55,000 in their first year—right where Blackburn appears to land based on statewide patterns. With estimated debt of $25,250, this translates to a debt-to-earnings ratio of 0.46, meaning graduates would owe roughly five months of their first-year salary. That's a manageable burden for a professional credential, though it's worth noting that Illinois' top accounting programs command starting salaries $15,000 to $20,000 higher.
The challenge is that we're working with estimates here because Blackburn's accounting cohort is too small for the Department of Education to report actual outcomes. Similar programs at Illinois private colleges suggest this earnings-and-debt profile, but your child would be part of a notably intimate program—which could mean exceptional faculty attention or limited networking scale, depending on perspective. Over half of Blackburn students receive Pell grants, indicating a commitment to access that may align with your family's values, but it also means many graduates are starting their careers with this debt load from a less advantaged position.
For a field as established as accounting, where CPA credentials matter more than pedigree, starting at $55,000 with $25,000 in debt is workable—assuming those estimates hold. The real question is whether Blackburn's small-scale environment offers enough accounting-specific resources (recruiting relationships, exam prep, internship pipelines) to justify choosing it over larger Illinois programs with proven track records.
Where Blackburn College Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in Illinois
Accounting bachelors's programs at peer institutions in Illinois (42 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $26,758 | $54,694* | — | $25,250* | — | |
| $16,004 | $74,731* | $80,736 | $20,500* | 0.27 | |
| $55,704 | $70,831* | $85,000 | $27,000* | 0.38 | |
| $51,716 | $69,965* | $82,642 | $22,125* | 0.32 | |
| $44,460 | $69,250* | $80,614 | $24,500* | 0.35 | |
| $39,680 | $65,842* | $72,938 | $26,925* | 0.41 | |
| National Median | — | $53,694* | — | $25,000* | 0.47 |
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 Blackburn College, approximately 54% 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 median of 29 similar programs in IL. Actual outcomes may vary.