Analysis
A $38,592 starting salary for a finance degree in Texas should raise immediate red flags. This lands in the 5th percentile nationally for finance programs—meaning 95% of comparable programs produce better outcomes—and even among Texas schools, where it reaches the 25th percentile, it's trailing the state median by $14,000. When top programs in the state like UT Austin and Texas A&M are launching graduates at $70,000-80,000+, this gap represents real money lost over a career.
The $26,000 debt load isn't catastrophic by itself, and the 0.67 debt-to-earnings ratio stays within manageable territory. However, the issue here isn't affordability—it's opportunity cost. Finance is typically a high-earning field that justifies college investment, but these outcomes look more like general business administration numbers than specialized finance training. For a moderately selective school (47% admission rate, 1272 SAT average), these returns fall short of what similar students achieve at peer institutions.
The critical caveat: this data reflects fewer than 30 graduates, so a few outliers could skew the entire picture. If your student is genuinely committed to Austin College for fit or merit aid reasons, investigate whether finance majors connect to Dallas-Fort Worth financial services firms and what recent graduates are actually doing. Otherwise, Texas offers dozens of finance programs with proven track records of much stronger earnings outcomes.
Where Austin College Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Earnings Distribution
How Austin College graduates compare to all programs nationally
Compare to Similar Programs in Texas
Finance and Financial Management Services bachelors's programs at peer institutions in Texas (59 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $46,500 | $38,592 | — | $26,000 | 0.67 | |
| $64,460 | $83,159 | $113,839 | $19,500 | 0.23 | |
| $11,678 | $81,844 | $95,994 | $20,500 | 0.25 | |
| $57,220 | $78,453 | $90,933 | $19,500 | 0.25 | |
| $13,099 | $71,409 | $90,976 | $16,880 | 0.24 | |
| — | $70,963 | $59,017 | $48,469 | 0.68 | |
| National Median | — | $53,590 | — | $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 Austin College, approximately 30% 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 20 graduates with reported earnings and 21 graduates with debt data. Small samples may not be representative.