Analysis
Based on comparable accounting programs in New Jersey, graduates here likely earn around $54,000 in their first year—right at the state and national median—while carrying about $25,000 in debt. That 0.46 debt-to-earnings ratio is manageable by standard measures, and serving a student body where 69% receive Pell grants, Bloomfield represents an accessible pathway into a stable profession. However, the state's top accounting programs—particularly The College of New Jersey and the Rutgers campuses—report first-year earnings in the high $60,000s to low $70,000s, a $15,000-$20,000 premium over what similar programs suggest for Bloomfield.
The gap matters because accounting credentials are relatively standardized across institutions, and employers often weight recruiting relationships and alumni networks heavily. If your child is choosing between Bloomfield and one of the higher-earning programs, that difference compounds over a career. At the same time, if Bloomfield's acceptance rate and mission-driven focus make it the realistic option for college completion, a median accounting outcome with reasonable debt beats many alternatives—especially given the profession's clear licensing path and demand.
The key limitation here is that these figures come from peer programs, not Bloomfield's actual graduates, so you're working with educated approximations rather than track record. If accounting is the goal, compare net costs carefully across NJ options and consider whether access to Big Four recruiting or mid-sized firms differs meaningfully between programs.
Where Bloomfield College of Montclair State University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in New Jersey
Accounting bachelors's programs at peer institutions in New Jersey (23 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $30,680 | $53,852* | — | $25,000* | — | |
| $18,685 | $74,403* | $85,225 | $22,500* | 0.30 | |
| $51,370 | $69,411* | $87,039 | $25,000* | 0.36 | |
| $16,586 | $68,141* | $78,766 | $22,770* | 0.33 | |
| $17,079 | $68,141* | $78,766 | $22,770* | 0.33 | |
| $17,239 | $68,141* | $78,766 | $22,770* | 0.33 | |
| 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 Bloomfield College of Montclair State University, approximately 69% 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 19 similar programs in NJ. Actual outcomes may vary.