Analysis
Carthage's accounting program delivers strong starting salariesβ$61,887 puts graduates ahead of 79% of accounting programs nationallyβwhile 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 aidβif 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
Earnings Distribution
How Carthage College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Carthage College | $61,887 | $70,257 | +14% |
| Marquette University | $67,665 | $80,539 | +19% |
| University of Wisconsin-Madison | $68,909 | $78,931 | +15% |
| University of Wisconsin-La Crosse | $62,450 | $68,207 | +9% |
| Carroll University | $61,110 | $68,175 | +12% |
Compare to Similar Programs in Wisconsin
Accounting bachelors's programs at peer institutions in Wisconsin (31 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $36,500 | $61,887 | $70,257 | $27,000 | 0.44 | |
| $11,205 | $68,909 | $78,931 | $21,294 | 0.31 | |
| $48,700 | $67,665 | $80,539 | $25,000 | 0.37 | |
| $9,651 | $62,450 | $68,207 | $23,264 | 0.37 | |
| $8,250 | $61,926 | $67,874 | $21,500 | 0.35 | |
| $9,277 | $61,379 | $67,125 | $23,072 | 0.38 | |
| 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 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.