Analysis
Fayetteville State's accounting program ranks near the bottom nationally—5th percentile—and in the lower quarter among North Carolina schools, with first-year earnings of $40,056 trailing both the state median ($48,489) and national median ($53,694) by substantial margins. That's roughly $8,000-14,000 less annually than what accounting graduates typically earn, and the gap persists even four years out when earnings reach just $43,109. For context, nearby NC State graduates start at $56,606, and even mid-tier state programs deliver significantly higher returns.
The debt picture adds to the challenge. At $31,000, graduates carry more debt than both state and national medians (around $25,000-26,000), creating a debt-to-earnings ratio of 0.77—manageable but higher than ideal for entry-level accounting work. The 8% earnings growth over four years suggests modest career progression, but you're starting from such a low baseline that catching up to peers becomes difficult.
This program serves a predominantly Pell Grant population (53%) at an accessible institution, which matters for students with limited options. However, families should understand they're accepting significantly below-market outcomes for accounting graduates. If your child has options at other NC public universities—particularly NC State or Appalachian State—the earnings difference could amount to $60,000-80,000 over the first five years of their career, far outweighing any tuition savings.
Where Fayetteville State University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Fayetteville State University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Fayetteville State University | $40,056 | $43,109 | +8% |
| Elon University | $69,764 | $87,359 | +25% |
| North Carolina State University at Raleigh | $56,606 | $70,576 | +25% |
| Appalachian State University | $55,671 | $67,922 | +22% |
| University of North Carolina at Charlotte | $50,928 | $64,596 | +27% |
Compare to Similar Programs in North Carolina
Accounting bachelors's programs at peer institutions in North Carolina (37 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $3,969 | $40,056 | $43,109 | $31,000 | 0.77 | |
| $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 | — | $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 Fayetteville State University, approximately 53% 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.
Sample Size: Based on 30 graduates with reported earnings and 31 graduates with debt data. Small samples may not be representative.