Median Earnings (1yr)
$62,940
82nd percentile
60th percentile in Illinois
Median Debt
$22,482
10% below national median

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

School1 Year4 YearsGrowth
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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Illinois State UniversityNormal$16,021$62,940$72,270$22,4820.36
University of Illinois Urbana-ChampaignChampaign$16,004$74,731$80,736$20,5000.27
Illinois Wesleyan UniversityBloomington$55,704$70,831$85,000$27,0000.38
Loyola University ChicagoChicago$51,716$69,965$82,642$22,1250.32
DePaul UniversityChicago$44,460$69,250$80,614$24,5000.35
Bradley UniversityPeoria$39,680$65,842$72,938$26,9250.41
National Median$53,694$25,0000.47

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
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.