Median Earnings (1yr)
$55,313
56th percentile
60th percentile in Illinois
Median Debt
$21,500
14% below national median

Analysis

McKendree's accounting program starts graduates slightly ahead of typical Illinois accounting majorsβ€”landing at the 60th percentile statewide with $55,313 in first-year earnings. The $21,500 in median debt is lower than both state and national averages, creating a manageable debt-to-earnings ratio of 0.39. For families seeking a solid accounting credential without crushing debt, this checks important boxes.

The concerning element is the earnings trajectory: graduates actually earn less four years out ($52,457) than they do initially. While this -5% decline could reflect graduates pursuing CPA credentials or switching career paths temporarily, it's worth understanding. The small sample size (under 30 graduates) means these numbers could shift significantly year to year, but the pattern suggests McKendree doesn't place students into the high-growth accounting track that Illinois's top programs deliverβ€”where Urbana-Champaign and DePaul graduates earn $70,000+.

For a family prioritizing affordability and a direct path to employment, McKendree offers reasonable value: manageable debt and starting salaries that let graduates comfortably make payments. But if your child aims for public accounting partnership or corporate finance leadership, understand that this program performs in the middle of Illinois's accounting landscape, not at the top. The modest debt load provides flexibility to pivot or pursue additional credentials later.

Where McKendree University Stands

Earnings vs. debt across all accounting bachelors's programs nationally

Earnings Distribution

How McKendree University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
McKendree University$55,313$52,457-5%
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)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
McKendree UniversityLebanon$34,070$55,313$52,457$21,5000.39
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 Medianβ€”$53,694β€”$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 McKendree University, approximately 29% 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 22 graduates with reported earnings and 27 graduates with debt data. Small samples may not be representative.