Analysis
Governors State University's accounting program produces graduates earning about $8,000 less than the typical Illinois accounting grad, landing in the 40th percentile statewide. That might not sound alarming until you see the competition: top Illinois programs place graduates at $65,000-$75,000 starting out, nearly 40-60% higher than what GSU accounting grads typically earn.
The debt picture offers modest relief—at $22,000, it's slightly below both state and national medians, creating a manageable debt-to-earnings ratio of 0.46. For a school serving 52% Pell-eligible students, keeping debt relatively contained matters. Earnings do grow 18% by year four, reaching $56,435, though this still trails what many Illinois accounting grads earn right out of college from stronger programs.
The core question is whether this degree opens doors to accounting careers that justify even moderate debt and foregone earnings during college years. At the 24th percentile nationally, GSU's outcomes suggest many graduates struggle to land positions that fully leverage their accounting credentials. If your student has admission options at programs like DePaul, Bradley, or the state flagships—where starting salaries run $10,000-$25,000 higher—the extra tuition might pay for itself within two years. For students committed to GSU for financial or family reasons, understand this degree will require extra effort in networking and job searching to match what stronger programs deliver automatically through employer recruiting.
Where Governors State University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Governors State University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Governors State University | $47,836 | $56,435 | +18% |
| Illinois Wesleyan University | $70,831 | $85,000 | +20% |
| Loyola University Chicago | $69,965 | $82,642 | +18% |
| University of Illinois Urbana-Champaign | $74,731 | $80,736 | +8% |
| DePaul University | $69,250 | $80,614 | +16% |
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 |
|---|---|---|---|---|---|
| $11,320 | $47,836 | $56,435 | $22,000 | 0.46 | |
| $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 Governors State University, approximately 52% 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.
Sample Size: Based on 48 graduates with reported earnings and 55 graduates with debt data. Small samples may not be representative.