Analysis
Illinois accounting programs typically launch graduates into the mid-$40,000s, but rural Shawnee Community College's estimated outcomes tell a different story. Based on national peer programs, first-year earnings here look closer to $37,000—roughly $9,000 below what similar programs across Illinois produce, and notably trailing schools like College of DuPage and Rasmussen by $7,000-$11,000 annually.
The debt picture offers some relief: an estimated $16,000 falls well below both state and national medians for associate accounting programs, yielding a manageable 0.43 debt-to-earnings ratio. That's meaningful in a field where community college graduates often compete directly with bachelor's degree holders for entry-level positions. Lower debt creates more flexibility if initial salaries disappoint or if you need to relocate to find better opportunities—a real consideration given southern Illinois's limited job market compared to Chicago's suburbs where those higher-earning programs operate.
The core question is whether the savings justify the earnings gap. Over five years, that $9,000 annual difference compounds to $45,000 in lost income—far exceeding the $4,500 you might save in borrowing costs. For students tied to the region or needing ultra-local options, Shawnee serves a purpose. But families with geographic flexibility should seriously compare transfer pathways or programs closer to Illinois's metro corridors where accounting jobs—and starting salaries—concentrate.
Where Shawnee 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 |
|---|---|---|---|---|---|
| $4,650 | $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 Shawnee Community College, approximately 34% 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.