Analysis
Francis Marion's accounting program graduates earn notably less than their peers across South Carolina—sitting at the 40th percentile among state programs with starting salaries around $44,600. That's $8,000 below the state median and nearly $15,000 less than what graduates from USC-Columbia or Bob Jones earn. Even accounting for Francis Marion's accessible admissions and lower sticker price, this gap matters when you're repaying $28,375 in loans.
The debt load here is actually reasonable relative to first-year earnings (0.64 ratio), but the real concern is the limited earnings growth. Four years out, graduates are making just $46,500—a modest $1,900 increase that suggests early salary ceilings. For comparison, accounting graduates statewide typically start stronger and have more room to grow. The 16th percentile ranking nationally reinforces that this program isn't launching graduates into competitive accounting positions.
The small sample size (under 30 graduates) means these numbers could shift year to year, but the pattern is clear enough: if your child is serious about accounting as a career, other South Carolina options offer significantly better financial returns. The gap between what Francis Marion grads earn and what's typical in the state—roughly $8,000 annually—compounds quickly over a career.
Where Francis Marion University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Francis Marion 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 |
|---|---|---|---|
| Francis Marion University | $44,648 | $46,503 | +4% |
| University of South Carolina-Columbia | $59,283 | $72,537 | +22% |
| Clemson University | $56,419 | $69,904 | +24% |
| Bob Jones University | $59,332 | $65,948 | +11% |
| Wofford College | $51,552 | $65,349 | +27% |
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 |
|---|---|---|---|---|---|
| $11,160 | $44,648 | $46,503 | $28,375 | 0.64 | |
| $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 | — | $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 Francis Marion University, approximately 39% 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 22 graduates with reported earnings and 26 graduates with debt data. Small samples may not be representative.