Analysis
Carroll College's accounting program carries an estimated $24,050 in median debt—slightly below both the national ($25,000) and Montana ($23,775) benchmarks for bachelor's accounting degrees. The earnings picture, however, relies entirely on estimation since the college's graduate cohort is too small for the Department of Education to publish actual outcomes.
Based on national peer programs, graduates might expect around $53,694 in first-year earnings, which would produce a manageable debt-to-earnings ratio of 0.45. That figure notably exceeds the one reported Montana program (University of Montana at $47,164), though it's impossible to know whether Carroll's outcomes actually outperform the state flagship or whether they simply track closer to national norms. The $6,500 difference matters considerably when evaluating a $24,000 investment.
The fundamental challenge here is uncertainty. Carroll charges tuition comparable to other private Montana colleges, maintains respectable admissions standards, and produces debt loads in line with state averages. But without actual graduate outcomes, you're effectively betting that a small program at a regional private college will deliver returns matching national medians rather than local ones. If the Montana market dictates earnings closer to $47,000 than $54,000, that debt becomes less comfortable. Parents should press the school's career services office for concrete placement data—employer names, starting salaries, CPA exam pass rates—before committing.
Where Carroll College Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in Montana
Accounting bachelors's programs at peer institutions in Montana (5 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $40,352 | $53,694* | — | $24,050 | — | |
| $8,152 | $47,164* | $58,825 | $23,500 | 0.50 | |
| 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 Carroll College, approximately 18% 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 national median of 714 similar programs. Actual outcomes may vary.