Analysis
Excelsior's online accounting bachelor's sits squarely in the middle of New York's accounting landscape, with estimated first-year earnings around $51,500 and debt near $25,400βfigures derived from typical outcomes across similar programs statewide. The debt-to-earnings ratio of 0.49 suggests manageable repayment: graduates would owe roughly half their first-year salary, which translates to reasonable monthly payments relative to entry-level accounting income. For a working adult or non-traditional student seeking an accredited accounting credential without relocating, these estimated economics align closely with both state and national medians.
The gap between Excelsior's projected outcomes and top programs like Fordham ($76,500) or Syracuse ($75,300) reflects real differences in recruiting networks and employer perception rather than curriculum deficiencies. Traditional campus programs with established Big Four pipelines command premium starting salaries that online institutions rarely match. However, for students prioritizing flexibility and cost control over prestige recruiting, comparable programs throughout New York consistently produce graduates earning enough to handle this debt load while building toward CPA licensure.
The practical question is whether this format serves your child's career timeline. If they're already working in bookkeeping or tax preparation and need the 150 credit hours for CPA eligibility, the estimated economics make sense. If they're choosing between Excelsior and a residential program where they'd build peer networks and access campus recruiting, the $20,000+ earnings premium at top New York schools compounds significantly over a career.
Where Excelsior University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in New York
Accounting bachelors's programs at peer institutions in New York (76 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| β | $51,525* | β | $25,363* | β | |
| $61,992 | $76,473* | $96,453 | $23,970* | 0.31 | |
| $63,061 | $75,294* | $85,784 | $27,000* | 0.36 | |
| $10,363 | $74,151* | $84,365 | $19,500* | 0.26 | |
| $46,140 | $71,436* | $79,786 | $23,250* | 0.33 | |
| $37,840 | $70,344* | $84,281 | $27,000* | 0.38 | |
| 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 Excelsior University, approximately 25% 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 45 similar programs in NY. Actual outcomes may vary.