Accounting at Northern Illinois University
Bachelor's Degree
Analysis
Northern Illinois University's accounting program delivers strong starting salaries at roughly half the debt burden of a typical accounting graduate. While first-year earnings of $63,743 trail top Illinois programs by $10,000 or more, the $18,500 median debt is significantly lower than both the state median ($23,452) and national average ($25,000). That 0.29 debt-to-earnings ratio means graduates can theoretically pay off their loans in less than four months of gross pay—a remarkably favorable position for launching a career.
The program ranks in the 60th percentile among Illinois accounting programs but jumps to the 84th percentile nationally, suggesting it punches above its weight compared to accounting degrees across the country. Earnings grow steadily to $73,170 by year four, a 15% increase that indicates graduates are gaining ground in their careers. For context, this is a regional public university with a 70% admission rate and nearly half of students receiving Pell grants, yet it produces outcomes that compete reasonably well with far more selective institutions.
The value equation here is straightforward: your child gets access to Chicago-area accounting opportunities (Dekalb is roughly 60 miles west) with manageable debt and solid early earnings. Unless they can secure admission to U of I or another top Illinois program, this represents a smart financial path into accounting without the premium price tag.
Where Northern Illinois 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 Northern Illinois University graduates compare to all programs nationally
Northern Illinois University graduates earn $64k, placing them in the 84th 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 |
|---|---|---|---|---|
| Northern Illinois University | $63,743 | $73,170 | $18,500 | 0.29 |
| 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 Northern Illinois University, approximately 46% 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 90 graduates with reported earnings and 171 graduates with debt data. Small samples may not be representative.