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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $14,952 | $49,900 | $60,157 | $30,023 | 0.60 | |
| $16,004 | $74,731 | $80,736 | $20,500 | 0.27 | |
| $55,704 | $70,831 | $85,000 | $27,000 | 0.38 | |
| $51,716 | $69,965 | $82,642 | $22,125 | 0.32 | |
| $44,460 | $69,250 | $80,614 | $24,500 | 0.35 | |
| $39,680 | $65,842 | $72,938 | $26,925 | 0.41 | |
| National Median | — | $53,694 | — | $25,000 | 0.47 |
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 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.