Analysis
Hebrew Theological College's accounting program carries an estimated $25,250 in debtβright in line with the national median for accounting bachelor's degrees. Based on comparable accounting programs across Illinois, first-year earnings typically reach around $54,700, which matches both the state and national median for this field. That produces a debt-to-earnings ratio of 0.46, meaning graduates would owe roughly five and a half months of their first-year salary. This is a manageable debt load by any reasonable standard.
The challenge is context. Illinois hosts some powerhouse accounting programs, with top schools like University of Illinois Urbana-Champaign and Loyola University Chicago launching graduates into $70,000+ starting salaries. Hebrew Theological College, with its 92% admission rate and specialized mission, likely serves a different student populationβperhaps those seeking an accounting education within a faith-based environment. The estimated earnings here reflect what's typical for mid-tier accounting programs statewide, not the ceiling.
For parents, the practical calculation is straightforward: similar debt to peer programs, but potentially $15,000-$20,000 less in first-year earnings compared to Illinois's top accounting schools. If the school's religious focus aligns with your family's priorities and the modest debt load fits your budget, the numbers work. But if maximizing early career earnings matters most, understand that stronger accounting programs in the state typically produce significantly higher starting salaries for comparable debt.
Where Hebrew Theological 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 |
|---|---|---|---|---|---|
| $14,700 | $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 Hebrew Theological College, approximately 12% 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.