Median Earnings (1yr)
$39,762
5th percentile
25th percentile in Alabama
Median Debt
$30,750
23% above national median

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)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Alabama State UniversityMontgomery$11,248$39,762$30,7500.77
Auburn UniversityAuburn$12,536$60,381$68,374$23,2500.39
The University of AlabamaTuscaloosa$11,900$53,452$68,159$23,0000.43
Strayer University-AlabamaBirmingham$13,920$52,373$56,398$54,9891.05
University of Alabama at BirminghamBirmingham$8,832$51,640$53,666$34,2880.66
Herzing University-BirminghamBirmingham$13,420$49,538$54,212
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 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.