Analysis
Illinois Wesleyan accounting graduates start at $70,831βtrailing only the University of Illinois Urbana-Champaign among Illinois schools and crushing the state median by nearly $16,000. This isn't just strong performance; at the 95th percentile nationally, it places IWU among the elite accounting programs in the country. The $27,000 in typical debt translates to a manageable 0.38 debt-to-earnings ratio, meaning graduates earn enough in their first year to cover their debt nearly three times over.
The earnings trajectory reinforces the program's strength. Four years out, median pay reaches $85,000βa 20% increase that suggests graduates are advancing into more senior accounting roles or pursuing CPA opportunities that command premium salaries. For context, this outpaces what typical Illinois accounting grads earn even at peak, and positions IWU alumni competitively with Big Ten programs that serve far larger student populations.
The value proposition is straightforward: you're paying for a selective liberal arts education (45% admission rate) and getting accounting outcomes that rival research universities. The debt load sits below both state and national medians despite IWU's private school tuition structure, likely reflecting the institution's financial aid practices. For families prioritizing strong career placement in accounting without gambling on uncertain outcomes, this program delivers measurable results.
Where Illinois Wesleyan University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Illinois Wesleyan 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 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% |
| Dominican University | $57,187 | $76,672 | +34% |
Compare to Similar Programs in Illinois
Accounting bachelors's programs at peer institutions in Illinois (42 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $55,704 | $70,831 | $85,000 | $27,000 | 0.38 | |
| $16,004 | $74,731 | $80,736 | $20,500 | 0.27 | |
| $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 | |
| $14,338 | $65,680 | $67,984 | $18,750 | 0.29 | |
| 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 Illinois Wesleyan University, approximately 23% 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 52 graduates with reported earnings and 57 graduates with debt data. Small samples may not be representative.