Analysis
Based on comparable accounting programs in New York, Alfred's graduates likely earn around $52,000 in their first year and carry roughly $25,000 in debt—a manageable debt-to-earnings ratio of 0.49 that means less than six months of gross income to cover borrowing. By year four, earnings climb to nearly $59,000, suggesting steady progression in a field known for clear career ladders. These estimates align closely with both state and national medians for accounting bachelor's programs, indicating Alfred likely delivers mainstream outcomes for the credential.
The challenge is competition within New York. The state's top accounting programs produce first-year earnings exceeding $70,000—nearly 40% more than what Alfred's peer institutions suggest. While Alfred's estimated debt load is typical, the earnings gap means graduates may need longer to build the financial cushion that higher-earning peers achieve immediately. The four-year mark shows progress, but that's still well below what graduates from programs like Fordham or Syracuse command straight out of college.
For families weighing this investment, the debt level shouldn't be alarming, but the earnings trajectory matters. If your child is targeting Big Four accounting firms or high-stakes finance roles in New York City, they'll be competing against graduates from programs with stronger placement records. For regional accounting positions or if Alfred offers other compelling advantages—strong alumni connections, scholarship aid that reduces that $25,000 estimate, or a campus environment where your child will thrive—the fundamentals here are solid enough to work with.
Where Alfred University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Alfred University | — | $58,897 | — |
| Fordham University | $76,473 | $96,453 | +26% |
| Yeshiva University | $69,252 | $87,338 | +26% |
| Syracuse University | $75,294 | $85,784 | +14% |
| Binghamton University | $74,151 | $84,365 | +14% |
Compare to Similar Programs in New York
Accounting bachelors's programs at peer institutions in New York (76 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $39,530 | $51,525* | $58,897 | $25,363* | — | |
| $61,992 | $76,473* | $96,453 | $23,970* | 0.31 | |
| $63,061 | $75,294* | $85,784 | $27,000* | 0.36 | |
| $10,363 | $74,151* | $84,365 | $19,500* | 0.26 | |
| $46,140 | $71,436* | $79,786 | $23,250* | 0.33 | |
| $37,840 | $70,344* | $84,281 | $27,000* | 0.38 | |
| 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 Alfred University, approximately 39% 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 45 similar programs in NY. Actual outcomes may vary.