Analysis
Based on comparable accounting programs in Indiana, Goshen's bachelor's degree appears positioned right at the state median with estimated first-year earnings of $57,029—several thousand above the national benchmark but well behind Indiana's top performers like Notre Dame ($76,878) or Purdue ($63,021). The estimated $27,000 debt load sits slightly above both state and national medians for accounting programs, producing a debt-to-earnings ratio of 0.47 that suggests manageable repayment. Similar Indiana programs typically see graduates earning back their investment within about six months of work.
The real question is whether Goshen's distinctive educational environment—reflected in its 37% Pell grant population and relatively accessible admissions—translates into outcomes that justify choosing it over larger state schools. While peer programs in Indiana suggest solid entry-level accounting salaries, the gap between Goshen's estimated outcomes and programs like Purdue's actual reported figures is significant enough to warrant attention, particularly since accounting is a field where credential value often correlates with employer recruitment patterns.
For families weighing this investment, the estimated figures suggest adequate but not exceptional financial outcomes. If your student values Goshen's smaller community and mission-driven approach, the projected debt burden won't be crushing. But if maximizing early career earnings is the priority, the data from Indiana's larger programs indicates they may offer stronger financial returns in this particular field.
Where Goshen College Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in Indiana
Accounting bachelors's programs at peer institutions in Indiana (33 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $37,760 | $57,029* | — | $27,000* | — | |
| $62,693 | $76,878* | $89,081 | $19,000* | 0.25 | |
| $51,430 | $71,234* | — | $27,000* | 0.38 | |
| $9,992 | $63,021* | $74,894 | $19,500* | 0.31 | |
| $30,446 | $62,287* | $52,151 | $29,048* | 0.47 | |
| $9,900 | $62,287* | $52,151 | $29,048* | 0.47 | |
| 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 Goshen College, approximately 37% 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 21 similar programs in IN. Actual outcomes may vary.