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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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $36,258 | $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 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.