Analysis
South Carolina's accounting programs typically produce first-year earnings around $52,000, and Converse appears positioned near that state average based on peer institutions. The estimated debt load of $24,000 comes in lower than both the state median ($26,375) and national benchmark ($25,000), which matters when similar programs at schools like Bob Jones and USC-Columbia show graduates earning $6,000-$7,000 more annually. That spread suggests Converse students might face a longer payback period despite the lighter debt burden.
The 0.46 debt-to-earnings ratio itself looks manageableβabout six months of pre-tax incomeβbut accounting is a credentialed field where licensing and employer recruitment networks significantly impact early career trajectory. With 41% of students receiving Pell grants, many families here are budget-conscious, and the question becomes whether Converse's smaller program (evidenced by the suppressed data) provides adequate Big Four firm exposure and CPA exam support to compete with the state's larger programs.
For an anxious parent, the practical calculation is straightforward: comparable debt with potentially lower earnings means watching carefully whether your child secures internships and recruiting connections that close that $6,000 gap. If Converse offers strong accounting faculty relationships and regional firm partnerships, the smaller cohort could work in your favor. If not, the earnings differential with USC or Clemson becomes harder to justify at similar credential costs.
Where Converse University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in South Carolina
Accounting bachelors's programs at peer institutions in South Carolina (24 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $23,096 | $52,373* | β | $23,936* | β | |
| $23,400 | $59,332* | $65,948 | $23,936* | 0.40 | |
| $12,688 | $59,283* | $72,537 | $25,826* | 0.44 | |
| $15,554 | $56,419* | $69,904 | $23,250* | 0.41 | |
| $33,580 | $55,127* | $55,705 | $23,750* | 0.43 | |
| $13,920 | $52,373* | $56,398 | $54,989* | 1.05 | |
| 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 Converse University, approximately 41% 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 9 similar programs in SC. Actual outcomes may vary.