Analysis
Similar finance programs across Alabama suggest first-year earnings around $51,000 against median debt of $22,500βnumbers that place this within the typical range for state peers. The debt-to-earnings ratio of 0.44 means graduates would owe less than half their first-year salary, which federal guidelines consider manageable. However, these estimates come from comparable programs statewide rather than Alabama State's specific outcomes, and the university's 96% admission rate and heavily Pell-eligible student body (72%) indicate a different profile than the state's top earners like Auburn or Alabama-Huntsville, where actual reported figures run $5,000-6,000 higher.
The question is whether this program can match peer outcomes or if its distinct student population faces different job market realities. Finance degrees generally provide clear career pathways in banking, corporate finance, and financial planning, but first-year earnings can vary significantly based on employer access and geographic placement. For a family borrowing near the state median, the math works if your child lands a typical finance role. But with actual program data suppressed due to small graduate cohorts, you're making this investment without knowing whether Alabama State's finance graduates achieve these estimated outcomes or fall short. The small program size itself might signal limited recruiting relationships or fewer alumni connections in the fieldβfactors that matter considerably in finance hiring.
Where Alabama State University Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Compare to Similar Programs in Alabama
Finance and Financial Management Services bachelors's programs at peer institutions in Alabama (16 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $11,248 | $50,939* | β | $22,500* | β | |
| $11,770 | $56,584* | β | β* | β | |
| $12,536 | $55,875* | $71,821 | $20,500* | 0.37 | |
| $11,900 | $55,580* | $72,138 | $25,000* | 0.45 | |
| $38,144 | $53,059* | $70,946 | $19,000* | 0.36 | |
| $8,832 | $50,939* | $62,664 | $22,500* | 0.44 | |
| National Median | β | $53,590* | β | $23,332* | 0.44 |
Career Paths
Occupations commonly associated with finance and financial management services graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Personal Financial Advisors
Financial and Investment Analysts
Financial Risk Specialists
Budget Analysts
Business Teachers, Postsecondary
Insurance Underwriters
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.
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 median of 9 similar programs in AL. Actual outcomes may vary.