Analysis
Alabama State's accounting program produces starting salaries nearly $14,000 below the state median and $7,000 below even the nearest comparable program in Alabama. At $39,762, graduates earn just 84% of what the typical Alabama accounting graduate makes—and only 74% of the national figure. Among the 24 Alabama schools offering accounting degrees, this ranks in just the 25th percentile. Compare this to Auburn ($60,381) or even UAB ($51,640), and the gap becomes stark for what should be a relatively standardized professional credential.
The debt burden of $30,750 compounds the problem. While not catastrophic, it creates a debt-to-earnings ratio of 0.77—meaning nearly 80 cents of debt for every dollar of first-year income. That's manageable but leaves little cushion for graduates entering one of Alabama's most affordable metro areas. The bigger concern is that accounting salaries typically grow predictably with experience and credentials, so starting this far behind peers puts graduates at a long-term disadvantage in a credential-driven field.
The small sample size (under 30 graduates) means these numbers could shift year to year, but the pattern is consistent enough to warrant serious consideration. If your child is set on Alabama State for other reasons—proximity, culture, affordability—an accounting degree won't derail their career. But purely as a return-on-investment decision, nearly any other Alabama accounting program offers better starting prospects for similar or lower debt.
Where Alabama State University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Alabama State University graduates compare to all programs nationally
Compare to Similar Programs in Alabama
Accounting bachelors's programs at peer institutions in Alabama (24 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $11,248 | $39,762 | — | $30,750 | 0.77 | |
| $12,536 | $60,381 | $68,374 | $23,250 | 0.39 | |
| $11,900 | $53,452 | $68,159 | $23,000 | 0.43 | |
| $13,920 | $52,373 | $56,398 | $54,989 | 1.05 | |
| $8,832 | $51,640 | $53,666 | $34,288 | 0.66 | |
| $13,420 | $49,538 | $54,212 | — | — | |
| 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 Alabama State University, approximately 72% 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 18 graduates with reported earnings and 27 graduates with debt data. Small samples may not be representative.