Analysis
North Carolina accounting programs show a wide earnings range, with comparable programs suggesting first-year pay around $48,500βnoticeably below the national median of $54,000 for accounting degrees. The estimated $26,000 in debt falls right in line with both state and national norms, creating a debt-to-earnings ratio of 0.54 that's manageable but not impressive. What's harder to ignore is the gap between this estimated outcome and the top NC programs: Elon graduates earn $70,000, while NC State and Appalachian State cluster in the mid-$50s.
The challenge here is that accounting is typically a field with reliable entry-level employment, yet peer programs in North Carolina suggest outcomes below what students might expect nationally. The debt load itself isn't alarmingβit's slightly above the national median but not by muchβbut when paired with below-average earnings potential, it means a longer payback period than accounting graduates at stronger state programs face.
For parents weighing this investment, the key question is opportunity cost. Similar debt at NC State or Appalachian State would come with an estimated $8,000+ earnings advantage in year one, a gap that compounds over time. Without actual graduate outcomes from Catawba itself, you're betting on proximity to the state median rather than the demonstrable success that data-rich programs can show.
Where Catawba College Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in North Carolina
Accounting bachelors's programs at peer institutions in North Carolina (37 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $33,400 | $48,489* | β | $25,982* | β | |
| $44,536 | $69,764* | $87,359 | $20,000* | 0.29 | |
| $8,895 | $56,606* | $70,576 | $20,946* | 0.37 | |
| $7,541 | $55,671* | $67,922 | $23,262* | 0.42 | |
| $19,500 | $55,224* | $60,099 | $25,982* | 0.47 | |
| $7,461 | $53,705* | $55,852 | $22,612* | 0.42 | |
| 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 Catawba College, 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 21 similar programs in NC. Actual outcomes may vary.