Analysis
Illinois accounting programs cluster in the mid-$40K range for first-year earnings, but Oakton's estimated $37,000—derived from national peer programs—falls notably short of what other community colleges in the state deliver. With the state median for associate's-level accounting sitting at $45,770, similar programs locally suggest earnings closer to what nearby College of DuPage and Rasmussen produce, both reporting north of $43,000.
The estimated debt of roughly $16,000 is actually lower than both state and national benchmarks for this credential, which works in the program's favor. A 0.43 debt-to-earnings ratio means graduates would devote less than half their first year's income to their education debt—manageable by most standards, especially for an entry-level accounting position that typically offers clear advancement paths.
The tension here is whether Oakton can match the stronger outcomes seen at peer Illinois programs, or whether its graduates truly earn $8,000+ less annually than the state median suggests. Without actual data for this school, you're making a decision based on what similar programs typically produce nationally, not what Oakton specifically delivers. If their outcomes mirror other Illinois community colleges, this becomes a solid investment; if they track closer to the national average, your child may need additional credentials or experience to reach competitive Illinois wages.
Where Oakton College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Illinois
Accounting associates'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 |
|---|---|---|---|---|---|
| $3,985 | $37,001* | — | $15,979* | — | |
| $4,320 | $47,775* | — | $17,284* | 0.36 | |
| $13,546 | $43,765* | $44,358 | $23,823* | 0.54 | |
| National Median | — | $37,000* | — | $19,354* | 0.52 |
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 Oakton College, approximately 16% 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 national median of 118 similar programs. Actual outcomes may vary.