Est. Earnings (1yr)
$54,694
Est. from IL median (29 programs)
Est. Median Debt
$25,250
Est. from IL median (18 programs)

Analysis

Based on comparable accounting programs in Illinois, Concordia's graduates appear positioned right at the state median with estimated first-year earnings around $54,700—which also tracks closely with the national benchmark of $53,700. The estimated $25,250 debt load yields a manageable 0.46 debt-to-earnings ratio, meaning you'd owe about 46 cents for every dollar earned in that first year. For context, Illinois accounting programs range dramatically in outcomes: top programs like U of I Urbana-Champaign place graduates at $74,700, while Concordia's peer programs suggest more modest but still solid middle-class starting salaries.

The 93% admission rate and substantial Pell Grant population (45%) indicate Concordia serves students who might not access those elite programs, making this estimated performance more relevant for comparison. Accounting credentials generally produce reliable employment outcomes, and the debt burden here appears reasonable—though it's worth noting that nearly half of students at this school qualify for federal need-based aid, suggesting many families will need to carefully evaluate total cost of attendance beyond these median debt figures.

The key limitation: without actual graduate outcomes for this specific program, you're betting that Concordia's accounting graduates will perform similarly to the typical Illinois program. That's not unreasonable—accounting has relatively standardized curriculum and credentialing—but it leaves meaningful uncertainty about whether this particular program connects students effectively to the Chicago-area accounting market.

Where Concordia University-Chicago 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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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Concordia University-ChicagoRiver Forest$36,258$54,694*$25,250*
University of Illinois Urbana-ChampaignChampaign$16,004$74,731*$80,736$20,500*0.27
Illinois Wesleyan UniversityBloomington$55,704$70,831*$85,000$27,000*0.38
Loyola University ChicagoChicago$51,716$69,965*$82,642$22,125*0.32
DePaul UniversityChicago$44,460$69,250*$80,614$24,500*0.35
Bradley UniversityPeoria$39,680$65,842*$72,938$26,925*0.41
National Median$53,694*$25,000*0.47
* Estimated from similar programs

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
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 Concordia University-Chicago, approximately 45% 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.