Median Earnings (1yr)
$61,887
79th percentile (60th in WI)
Median Debt
$27,000
8% above national median
Debt-to-Earnings
0.44
Manageable
Sample Size
34
Adequate data

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

Carthage CollegeOther accounting programs

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)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Carthage College$61,887$70,257$27,0000.44
University of Wisconsin-Madison$68,909$78,931$21,2940.31
Marquette University$67,665$80,539$25,0000.37
University of Wisconsin-La Crosse$62,450$68,207$23,2640.37
University of Wisconsin-Whitewater$61,926$67,874$21,5000.35
University of Wisconsin-Eau Claire$61,379$67,125$23,0720.38
National Median$53,694—$25,0000.47

Other Accounting Programs in Wisconsin

Compare tuition, earnings, and debt across Wisconsin schools

SchoolIn-State TuitionEarnings (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.