Accounting at City Colleges of Chicago-Richard J Daley College
Associate's Degree
ccc.edu/colleges/daley/pages/default.aspxAnalysis
An estimated $16,000 in debt against first-year earnings of $37,000 puts this program near the national median for associate-level accounting, but notably below what similar programs in Illinois typically deliver. Other accounting associate degrees in the state produce median earnings around $46,000—about $9,000 more annually—with comparable or slightly higher debt loads. That gap matters when you're weighing the value of staying local versus considering nearby alternatives like College of DuPage, where graduates report earnings near $48,000.
The debt-to-earnings ratio of 0.43 suggests manageable repayment for graduates who land in their field, but the earnings estimate raises questions about whether this program connects students to the stronger-paying accounting roles that exist in the Chicago market. Peer programs across Illinois demonstrate that associate-degree holders in accounting can access significantly higher wages, which means the school's network, curriculum focus, or employer relationships may play an outsized role in determining outcomes here.
For parents, the takeaway is this: the financials aren't prohibitive, but the estimated earnings suggest you should investigate why this program appears to underperform the state average. Ask about job placement rates, whether graduates are staying in Chicago (where accounting wages run higher), and how the program compares to nearby community colleges with stronger reported outcomes before committing.
Where City Colleges of Chicago-Richard J Daley 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 |
|---|---|---|---|---|---|
| $4,380 | $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 City Colleges of Chicago-Richard J Daley College, approximately 22% 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.