Analysis
Illinois accounting programs typically produce stronger first-year earnings than what peer institutions nationally suggest for Richland's graduates. While similar associate programs across the country point to around $37,000 in first-year earnings, Illinois programs report a median closer to $46,000—nearly $9,000 more. That gap matters significantly when you're evaluating whether this two-year credential makes financial sense.
The estimated debt load of roughly $16,000 sits well below both state and national benchmarks for accounting associate degrees, which typically hover around $20,000. This creates a debt-to-earnings ratio of 0.43, meaning graduates would owe less than half their first year's salary—a manageable starting point. However, the earnings estimate is based on national data, and if Richland's actual outcomes align more closely with other Illinois programs, the financial picture improves considerably.
The challenge is the uncertainty. Community colleges in Illinois teaching accounting show wide variation—from programs producing $48,000 earners to those closer to the national average. Without reported data specific to Richland, you're betting on where they fall in that range. If location and program quality put them near the state median, this is solid value. If they track closer to national norms in a higher-earning state, that's less compelling. Talk directly with the program about where their graduates actually land jobs and what those positions pay.
Where Richland Community 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 |
|---|---|---|---|---|---|
| $4,590 | $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 Richland Community College, approximately 33% 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.