Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs — see details below.
Analysis
Illinois Accounting associate programs typically produce stronger earnings than what's estimated here. While this program's estimated $37,000 first-year salary aligns with the national median, it falls notably short of Illinois's $45,770 median—and well behind top-performing programs like College of DuPage at nearly $48,000. That earnings gap matters when you're entering a field where starting salary often reflects local market positioning and employer demand.
The estimated debt load of roughly $16,000 works in this program's favor, coming in below both state and national medians for Accounting associate degrees. A debt-to-earnings ratio of 0.43 suggests manageable repayment even at the lower estimated earnings level. For context, peer programs in Illinois often carry debt exceeding $20,000, so if these estimates prove accurate, students here would start with a lighter financial burden than many competitors.
The practical concern is whether graduates will actually match Illinois market rates or remain closer to the national baseline. Danville's regional labor market differs significantly from Chicago-area opportunities, which may explain why estimated outcomes here trail state benchmarks. If your student plans to stay local, research what accounting positions actually pay in eastern Illinois. If they're willing to relocate toward stronger job markets after graduation, this relatively affordable credential could serve as a stepping stone—but they'd likely be competing against graduates from programs with stronger earnings track records.
Where Danville Area Community 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 |
|---|---|---|---|---|---|
| $5,300 | $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 Danville Area Community College, approximately 24% 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.