Analysis
A debt load around $25,250 for an accounting bachelor's appears manageable when peer programs in Illinois suggest first-year earnings near $55,000. That 0.46 debt-to-earnings ratio means graduates from comparable programs typically earn roughly twice what they borrowedβa workable starting point for building a career in accounting. The field offers clear licensing pathways and steady demand, which helps explain why the national median sits right around this same earnings level.
What's harder to gauge is how Eureka stacks up against Illinois's stronger accounting programs. The University of Illinois and several Chicago-area universities report outcomes $15,000 to $20,000 higher in that crucial first year. Similar programs at Illinois schools carry median debt about $2,000 lower than what Eureka students likely face. Whether that gap reflects employer preferences, network effects, or simply where graduates choose to work isn't clear from the dataβbut it exists.
The practical question is whether Eureka's smaller environment and 88% admission rate translate into meaningful advantages that the numbers don't capture. If your child thrives in close-knit settings and plans to sit for the CPA exam regardless of where they study, the estimated financials don't present obvious red flags. But if they're equally comfortable at larger institutions, programs with documented stronger outcomes deserve serious consideration.
Where Eureka 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 |
|---|---|---|---|---|---|
| $28,400 | $54,694* | β | $25,250* | β | |
| $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 | β | $53,694* | β | $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 Eureka College, approximately 23% 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.