Analysis
The estimated $26,588 in debt sits right in line with typical accounting programs nationally, while first-year earnings projections based on South Dakota's accounting market—around $50,000—trail the national median by about $3,400. That gap matters less than it might seem: accounting is one of those practical degrees where credentials translate fairly directly to steady employment, and South Dakota's lower cost of living means that $50,000 goes further than in coastal markets. The debt-to-earnings ratio of 0.53 suggests manageable repayment, assuming those state-level projections hold true for Augustana graduates specifically.
The uncertainty here is real, though. When neighboring programs like University of South Dakota report actual earnings above $57,000, it's unclear where Augustana's graduates land in that range. The school's 59% admission rate and above-average SAT scores suggest a reasonably selective environment, which sometimes correlates with stronger alumni networks and recruiting—but without program-specific data, you're essentially betting that Augustana performs at least as well as the South Dakota median. Given that two other programs in the state report outcomes in the high $40,000s to low $50,000s, the estimates seem reasonable but not guaranteed.
For parents, this comes down to whether you're comfortable with $27,000 in debt based on projections rather than proven outcomes. If your child is committed to accounting and Augustana offers the right environment, the estimated financials don't flash warning signs—but press the school for clearer data on where their accounting graduates actually land.
Where Augustana University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in South Dakota
Accounting bachelors's programs at peer institutions in South Dakota (10 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $39,190 | $50,282* | — | $26,588* | — | |
| $9,432 | $57,234* | $49,319 | $25,793* | 0.45 | |
| $8,845 | $51,239* | $49,063 | $29,816* | 0.58 | |
| $20,740 | $49,325* | — | $26,000* | 0.53 | |
| $16,065 | $35,820* | $49,942 | $41,344* | 1.15 | |
| 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 Augustana University, approximately 16% 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 4 similar programs in SD. Actual outcomes may vary.