Analysis
This Lake Land College certificate program aligns with typical Illinois accounting outcomes—similar programs in the state suggest first-year earnings around $45,000, which significantly outpaces the national median of $32,000 for this credential. That's solid positioning for a sub-associate credential, though top-performing programs in Illinois like College of DuPage are producing graduates who earn $7,000 more annually.
The estimated debt load of $15,500 creates a manageable debt-to-earnings ratio of 0.34, meaning graduates would owe roughly one-third of their first-year salary. This is reasonable for career-focused training, particularly in a field where accounting skills transfer across industries and economic conditions. However, it's worth noting that other Illinois programs typically carry median debt closer to $11,000, suggesting there may be lower-cost paths to similar outcomes within the state.
The critical question is whether this certificate provides sufficient credentials for Illinois accounting positions, which increasingly expect bachelor's degrees for advancement beyond bookkeeping roles. If your child plans to continue toward a four-year degree, this could serve as a stepping stone while building marketable skills. If this is intended as a terminal credential, verify with local employers what positions these certificate holders actually qualify for—the earnings data suggests decent entry-level opportunities exist, but career ceiling matters when you're taking on debt.
Where Lake Land College Stands
Earnings vs. debt across all accounting certificate's programs nationally
Compare to Similar Programs in Illinois
Accounting certificate'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 |
|---|---|---|---|---|---|
| $4,280 | $45,004* | — | $15,516* | — | |
| $4,320 | $52,724* | — | —* | — | |
| $13,546 | $47,506* | — | $13,047* | 0.27 | |
| $3,552 | $42,502* | — | $9,500* | 0.22 | |
| $3,822 | $31,747* | — | —* | — | |
| National Median | — | $31,684* | — | $13,047* | 0.41 |
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 Lake Land College, approximately 27% 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 median of 4 similar programs in IL. Actual outcomes may vary.