Analysis
A $62,000 estimated starting salary puts this program roughly in line with California's accounting median, though well below what top private universities in the state actually report for their graduates. Since Claremont McKenna is highly selective (11% admission rate, 1514 average SAT), it's worth noting that peer institutions like Santa Clara and USC report outcomes in the $73,000-$78,000 range—roughly $10,000-$15,000 higher than what comparable California programs would suggest for CMC.
The estimated debt of roughly $25,000 creates a manageable 0.40 debt-to-earnings ratio, which translates to about four months of gross first-year income. That's reasonable by any measure. The real question is whether CMC's liberal arts approach to accounting—likely embedded in a broader economics or business program at a college without a traditional business school—delivers the same industry connections and recruiting access that dedicated accounting programs at Santa Clara or USC provide. The earnings gap between what similar California programs produce and what top-tier accounting schools actually report is substantial enough to matter.
For a family paying private college tuition at one of the nation's most selective institutions, you'd want clarity on actual placement outcomes before committing. The liberal arts premium CMC offers in other fields may not translate as directly to accounting careers, where technical preparation and firm recruiting relationships often drive starting salaries.
Where Claremont McKenna College Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in California
Accounting bachelors's programs at peer institutions in California (44 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $64,150 | $62,202* | — | $24,969* | — | |
| $59,241 | $78,417* | $101,411 | $19,250* | 0.25 | |
| $68,237 | $73,903* | $90,072 | $16,500* | 0.22 | |
| $50,670 | $72,696* | $75,436 | $21,858* | 0.30 | |
| $58,222 | $72,588* | $92,299 | $24,660* | 0.34 | |
| $51,070 | $71,067* | $92,161 | $26,955* | 0.38 | |
| National Median | — | $53,694* | — | $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 Claremont McKenna College, approximately 19% 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 26 similar programs in CA. Actual outcomes may vary.