Analysis
Carson-Newman's accounting program lands squarely in the middle of Tennessee's competitive landscape, with comparable programs across the state producing graduates earning $51,000-$53,600 in their first year. The $23,250 debt load is also typical for Tennessee accounting degrees, creating a debt-to-earnings ratio of 0.45βmanageable but not exceptional. What matters here is that graduates reach $55,010 by year four, suggesting steady progression rather than a dramatic earnings jump.
The real question is whether this program differentiates itself enough to justify choosing it over UT-Knoxville or Middle Tennessee State, which produce similar outcomes often at lower cost for in-state students. Carson-Newman serves a solid portion of Pell-eligible students (39%), so financial aid packages will be critical in determining actual affordability. The accounting credential itself is soundβit's a field with clear professional pathways and the earnings here align with national expectations.
For families weighing this option, compare the net price after aid against what larger public universities would cost. The debt is reasonable if total borrowing stays near this median, but there's nothing in these estimated figures that suggests Carson-Newman's accounting graduates significantly outperform peers at Tennessee's public institutions. If your student thrives in smaller settings and the financial aid makes the numbers work, it's a viable pathβjust not one that commands a premium.
Where Carson-Newman 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 |
|---|---|---|---|
| Carson-Newman University | β | $55,010 | β |
| The University of Tennessee-Knoxville | $53,197 | $71,799 | +35% |
| Lee University | $53,577 | $70,035 | +31% |
| Middle Tennessee State University | $51,963 | $59,969 | +15% |
| The University of Tennessee-Martin | $48,101 | $57,062 | +19% |
Compare to Similar Programs in Tennessee
Accounting bachelors's programs at peer institutions in Tennessee (28 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $34,700 | $51,694* | $55,010 | $23,250 | β | |
| $8,568 | $53,620* | $50,033 | $29,250 | 0.55 | |
| $22,690 | $53,577* | $70,035 | $16,750 | 0.31 | |
| $13,484 | $53,197* | $71,799 | $22,000 | 0.41 | |
| $13,920 | $52,373* | $56,398 | $54,989 | 1.05 | |
| $9,506 | $51,963* | $59,969 | $24,553 | 0.47 | |
| National Median | β | $53,694* | β | $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 Carson-Newman 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 10 similar programs in TN. Actual outcomes may vary.