Accounting at McKendree University
Bachelor's Degree
Analysis
McKendree's accounting program starts graduates slightly ahead of typical Illinois accounting majors—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 deliver—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
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How McKendree University graduates compare to all programs nationally
McKendree University graduates earn $55k, placing them in the 56th percentile of all accounting bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Illinois
Accounting bachelors's programs at peer institutions in Illinois (42 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| McKendree University | $55,313 | $52,457 | $21,500 | 0.39 |
| University of Illinois Urbana-Champaign | $74,731 | $80,736 | $20,500 | 0.27 |
| Illinois Wesleyan University | $70,831 | $85,000 | $27,000 | 0.38 |
| Loyola University Chicago | $69,965 | $82,642 | $22,125 | 0.32 |
| DePaul University | $69,250 | $80,614 | $24,500 | 0.35 |
| Bradley University | $65,842 | $72,938 | $26,925 | 0.41 |
| National Median | $53,694 | — | $25,000 | 0.47 |
Other Accounting Programs in Illinois
Compare tuition, earnings, and debt across Illinois schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| University of Illinois Urbana-Champaign Champaign | $16,004 | $74,731 | $20,500 |
| Illinois Wesleyan University Bloomington | $55,704 | $70,831 | $27,000 |
| Loyola University Chicago Chicago | $51,716 | $69,965 | $22,125 |
| DePaul University Chicago | $44,460 | $69,250 | $24,500 |
| Bradley University Peoria | $39,680 | $65,842 | $26,925 |
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.