Accounting at Illinois College
Bachelor's Degree
Analysis
Illinois College's accounting graduates start below both state and national medians, earning $50,017 in their first year compared to $54,694 statewide and $53,694 nationally. That 40th percentile ranking among Illinois accounting programs is particularly notable given the state's competitive accounting job market—top programs like UIUC and Illinois Wesleyan place graduates earning $70,000+. The $27,000 debt load is manageable but doesn't offset the earnings disadvantage: you're paying slightly more than the state median debt while earning less.
The 18% earnings growth to $58,913 by year four helps close the gap somewhat, though graduates still trail state and national benchmarks. The concerning element here is the small sample size—fewer than 30 graduates means these numbers could swing significantly year to year, making it harder to predict your child's likely outcome. A few particularly successful or struggling graduates can dramatically shift the median when the cohort is this small.
For families considering this program, the key question is opportunity cost. At 75% admission rate, students likely have other Illinois options that show stronger earning trajectories. Unless there's a compelling reason to choose Illinois College specifically—geographic ties, financial aid package, or campus fit—the data suggests exploring programs that rank higher among the state's 42 accounting offerings would better position graduates in Illinois' accounting market.
Where Illinois College Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Illinois College graduates compare to all programs nationally
Illinois College graduates earn $50k, placing them in the 34th percentile of all accounting bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Illinois
Accounting bachelors's programs at peer institutions in Illinois (42 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Illinois College | $50,017 | $58,913 | $27,000 | 0.54 |
| University of Illinois Urbana-Champaign | $74,731 | $80,736 | $20,500 | 0.27 |
| Illinois Wesleyan University | $70,831 | $85,000 | $27,000 | 0.38 |
| Loyola University Chicago | $69,965 | $82,642 | $22,125 | 0.32 |
| DePaul University | $69,250 | $80,614 | $24,500 | 0.35 |
| Bradley University | $65,842 | $72,938 | $26,925 | 0.41 |
| National Median | $53,694 | — | $25,000 | 0.47 |
Other Accounting Programs in Illinois
Compare tuition, earnings, and debt across Illinois schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| University of Illinois Urbana-Champaign Champaign | $16,004 | $74,731 | $20,500 |
| Illinois Wesleyan University Bloomington | $55,704 | $70,831 | $27,000 |
| Loyola University Chicago Chicago | $51,716 | $69,965 | $22,125 |
| DePaul University Chicago | $44,460 | $69,250 | $24,500 |
| Bradley University Peoria | $39,680 | $65,842 | $26,925 |
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 Illinois College, approximately 35% 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 23 graduates with reported earnings and 27 graduates with debt data. Small samples may not be representative.