Analysis
Comparable accounting programs nationally suggest first-year earnings around $37,000, but that figure looks modest next to Illinois's state median of $45,770 for associate degree accounting graduates. Schools like College of DuPage and Rasmussen University-Illinois are placing their accounting graduates in the mid-$40,000s, which suggests Highland's program may face geographic or curricular challenges in connecting students to the stronger accounting opportunities available elsewhere in the state.
The estimated debt of roughly $16,000 is notably lower than both state and national medians, which offers some protection against the weaker earnings outlook. A debt-to-earnings ratio of 0.43 based on peer programs means this investment could be manageable if actual outcomes align with estimates. Still, 30% of students here receive Pell grants, and for those families, the gap between what similar programs typically produce and what Illinois accounting graduates actually earn represents real money—potentially $8,000 or more annually.
Before committing, pin down where Highland's accounting graduates actually land. If they're finding work in the Freeport area rather than Chicago or suburban markets, that earnings gap makes sense but limits upward mobility. If the program struggles with job placement despite proximity to better markets, that's a different problem entirely. The lower debt estimate buys some margin for error, but Illinois has 44 accounting programs—make sure this one can compete.
Where Highland 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 |
|---|---|---|---|---|---|
| $4,696 | $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 Highland Community College, approximately 30% 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.