Analysis
Drawing on comparable accounting programs in Arkansas, first-year earnings around $52,000 against estimated debt of $26,500 creates a manageable debt-to-earnings ratio of 0.51βroughly half a year's salary, which is reasonable for a bachelor's degree. However, what's harder to ignore is that several Arkansas schools with reported outcomes show their accounting graduates earning $6,000-$8,000 more in their first year. The University of Arkansas at Little Rock, Harding, and Arkansas State all post earnings near $58,000, suggesting Hendrix graduates may start behind their in-state peers despite the school's selective admissions and high average SAT scores.
The debt estimate of $26,500 sits slightly above the state median but remains serviceable if earnings follow the typical Arkansas pattern. The real question is whether Hendrix's smaller liberal arts environment and academic reputation translate into career advantages that the early data doesn't capture. For a straightforward professional credential like accounting, where most employers care more about CPA eligibility and technical skills than institutional prestige, starting $6,000 below competitors could mean slower wealth accumulation in those critical first years.
If your child is drawn to Hendrix's distinctive campus culture, understand that you're likely paying for the broader college experience rather than superior accounting outcomes. Programs with stronger reported earnings exist at similar or lower debt levels across Arkansas.
Where Hendrix College Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in Arkansas
Accounting bachelors's programs at peer institutions in Arkansas (21 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $36,650 | $52,373* | β | $26,588* | β | |
| $8,455 | $58,845* | $61,190 | $25,316* | 0.43 | |
| $24,888 | $58,649* | $74,273 | $27,000* | 0.46 | |
| $7,754 | $58,152* | $51,504 | $21,351* | 0.37 | |
| $9,748 | $57,535* | $74,571 | $25,914* | 0.45 | |
| $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 Hendrix College, approximately 23% 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 AR. Actual outcomes may vary.