Accounting at Carthage College
Bachelor's Degree
Analysis
Carthage's accounting program delivers strong starting salaries—$61,887 puts graduates ahead of 79% of accounting programs nationally—while keeping debt reasonable at $27,000. The 0.44 debt-to-earnings ratio means graduates owe less than half their first year's salary, a comfortable position for entering a professional field. Earnings climb steadily to over $70,000 by year four, suggesting graduates are advancing into roles with genuine career progression.
Within Wisconsin, the picture is more nuanced. While Carthage outperforms the state median, it trails the flagship UW-Madison and Marquette by $6,000-$7,000 in starting pay, and sits just below UW-Whitewater and UW-Eau Claire. For in-state students comparing options, those public universities might offer similar outcomes at lower sticker prices. Carthage's 84% admission rate suggests accessibility, but families should verify net cost after aid—if you're paying significantly more than public alternatives, that $5,000-$10,000 salary gap could take years to close.
For students who thrive in a smaller college environment and can attend at a competitive price, this program works. The earnings are genuinely strong, the debt is manageable, and accounting firms care more about your CPA credentials than your diploma's prestige. Just don't assume the private school premium automatically translates to better job prospects than Wisconsin's solid public options.
Where Carthage College Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Carthage College graduates compare to all programs nationally
Carthage College graduates earn $62k, placing them in the 79th percentile of all accounting bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Wisconsin
Accounting bachelors's programs at peer institutions in Wisconsin (31 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Carthage College | $61,887 | $70,257 | $27,000 | 0.44 |
| University of Wisconsin-Madison | $68,909 | $78,931 | $21,294 | 0.31 |
| Marquette University | $67,665 | $80,539 | $25,000 | 0.37 |
| University of Wisconsin-La Crosse | $62,450 | $68,207 | $23,264 | 0.37 |
| University of Wisconsin-Whitewater | $61,926 | $67,874 | $21,500 | 0.35 |
| University of Wisconsin-Eau Claire | $61,379 | $67,125 | $23,072 | 0.38 |
| National Median | $53,694 | — | $25,000 | 0.47 |
Other Accounting Programs in Wisconsin
Compare tuition, earnings, and debt across Wisconsin schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| University of Wisconsin-Madison Madison | $11,205 | $68,909 | $21,294 |
| Marquette University Milwaukee | $48,700 | $67,665 | $25,000 |
| University of Wisconsin-La Crosse La Crosse | $9,651 | $62,450 | $23,264 |
| University of Wisconsin-Whitewater Whitewater | $8,250 | $61,926 | $21,500 |
| University of Wisconsin-Eau Claire Eau Claire | $9,277 | $61,379 | $23,072 |
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 Carthage College, approximately 26% 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 34 graduates with reported earnings and 37 graduates with debt data. Small samples may not be representative.