Median Earnings (1yr)
$49,900
33rd percentile
40th percentile in Illinois
Median Debt
$30,023
20% above national median

Analysis

Western Illinois University's accounting program operates in a challenging middle ground. Starting salaries of $49,900 trail both the national median ($53,694) and Illinois state median ($54,694) by roughly $4,000-5,000. More concerning for in-state families: this places the program at just the 40th percentile among Illinois's 42 accounting programs, meaning 60% of comparable programs in the state produce better initial outcomes. The gap is stark when you look at top Illinois programs like U of I Urbana-Champaign ($74,731) or even mid-tier options like Bradley ($65,842).

The debt picture offers some relief—at $30,023, graduates borrow about $20,000 less than they'd accumulate at top-performing Illinois schools, and the manageable 0.60 debt-to-earnings ratio means students dedicate just over half their first-year salary to what they owe. Earnings do grow steadily to $60,157 by year four, a 21% increase that demonstrates the program builds solid accounting fundamentals. But that four-year mark still falls short of what peer programs deliver at graduation.

For families prioritizing affordability and comfortable debt loads, Western Illinois delivers a serviceable accounting credential without crushing financial pressure. However, if your student can access higher-ranked Illinois programs—particularly public options like U of I—the earnings premium would likely justify moderately higher debt over a career in accounting.

Where Western Illinois University Stands

Earnings vs. debt across all accounting bachelors's programs nationally

Earnings Distribution

How Western Illinois University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Western Illinois University$49,900$60,157+21%
Illinois Wesleyan University$70,831$85,000+20%
Loyola University Chicago$69,965$82,642+18%
University of Illinois Urbana-Champaign$74,731$80,736+8%
DePaul University$69,250$80,614+16%

Compare to Similar Programs in Illinois

Accounting bachelors's programs at peer institutions in Illinois (42 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Western Illinois UniversityMacomb$14,952$49,900$60,157$30,0230.60
University of Illinois Urbana-ChampaignChampaign$16,004$74,731$80,736$20,5000.27
Illinois Wesleyan UniversityBloomington$55,704$70,831$85,000$27,0000.38
Loyola University ChicagoChicago$51,716$69,965$82,642$22,1250.32
DePaul UniversityChicago$44,460$69,250$80,614$24,5000.35
Bradley UniversityPeoria$39,680$65,842$72,938$26,9250.41
National Median$53,694$25,0000.47

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
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 Western Illinois University, approximately 28% 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 47 graduates with reported earnings and 52 graduates with debt data. Small samples may not be representative.