Analysis
Illinois State's accounting program punches above its weight—graduates earn more than 80% of accounting grads nationally, despite the university's 89% admission rate suggesting it's more accessible than elite competitors. First-year earnings of $62,940 easily clear the national median of $53,694, though they trail the state's top programs like U of I ($74,731) and Illinois Wesleyan ($70,831). Within Illinois, this ranks in the 60th percentile—solidly middle-of-the-pack among 42 in-state options.
The financial picture is straightforward: $22,482 in median debt against $62,940 in first-year earnings yields a debt-to-earnings ratio of 0.36, meaning graduates typically carry debt equal to just over four months of salary. That's manageable by any standard, and earnings grow to $72,270 by year four. For context, you're getting outcomes comparable to programs at more selective schools while likely paying less and gaining admission more easily.
This is a smart choice for students who want strong accounting credentials without the pressure or price tag of Illinois' most competitive programs. The earnings trajectory is healthy, the debt burden is reasonable, and the career foundation appears solid—all backed by data from 100+ graduates, so these aren't flukes.
Where Illinois State University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Illinois 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 |
|---|---|---|---|
| Illinois State University | $62,940 | $72,270 | +15% |
| 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 |
|---|---|---|---|---|---|
| $16,021 | $62,940 | $72,270 | $22,482 | 0.36 | |
| $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 Illinois State University, 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.
Sample Size: Based on 153 graduates with reported earnings and 189 graduates with debt data. Small samples may not be representative.