Analysis
A debt burden approaching $52,000 for a bachelor's degree in accounting deserves scrutiny, especially when comparable programs across Alaska typically saddle students with less than a third of that amount. While similar accounting programs nationally suggest first-year earnings around $54,000, that's roughly $4,000 below what Alaska accounting graduates typically earnβand University of Alaska Anchorage graduates reportedly earn $66,000, making Charter College's estimated debt-to-earnings picture particularly troubling by comparison.
The nearly 1:1 ratio between estimated debt and first-year earnings means your child would be starting their accounting career owing nearly an entire year's salary. Alaska's higher cost of living makes this burden even more consequential, and with more than half of Charter College students receiving Pell grants, many families here are already stretching financially. When state flagship universities are producing stronger earnings outcomes at dramatically lower debt levels, that gap matters.
Before committing, get concrete answers from Charter College about their actual graduate outcomes and job placement ratesβthe school knows these figures even if they're not publicly reported. Compare the total cost of attendance against UAA or UAF, where reported data shows accounting graduates entering the workforce with both higher earnings and substantially less debt.
Where Charter College Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in Alaska
Accounting bachelors's programs at peer institutions in Alaska (5 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $18,678 | $53,694* | β | $51,848* | β | |
| $7,566 | $65,560* | $67,685 | $16,700* | 0.25 | |
| $8,640 | $50,581* | $65,855 | β* | β | |
| 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 Charter College, approximately 56% 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 national median of 714 similar programs. Actual outcomes may vary.