Est. Earnings (1yr)Estimated
$57,966
Est. from PA median (42 programs)
Est. Median DebtEstimated
$27,000
Est. from PA median (33 programs)

Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs — see details below.

Analysis

For a school serving primarily working-class students—58% receive Pell grants—Lackawanna's accounting program appears positioned in the middle tier. Based on comparable bachelor's programs in Pennsylvania, graduates can expect around $58,000 in first-year earnings with roughly $27,000 in debt. That 0.47 debt-to-earnings ratio suggests manageable repayment, though families should note these figures come from peer programs statewide, not Lackawanna's own graduates.

The estimated earnings align with Pennsylvania's median for accounting degrees, which is encouraging given that other Scranton-area accounting programs (like University of Scranton at $70,000) pull significantly higher starting salaries. This gap likely reflects differences in employer networks and recruiting pipelines rather than curriculum quality. What matters more practically: at this debt level and income, monthly loan payments would consume about 6-7% of gross monthly income under standard repayment—a reasonable burden that shouldn't derail other financial goals.

The key question is whether Lackawanna can deliver outcomes near these state medians. With no published data for this specific program, you're making an evidence-informed bet rather than relying on proven track record. Before committing, ask the school's career services office about accounting-specific job placement rates and which firms recruit on campus. Those concrete details matter more than regional averages when your child is the one entering the job market.

Where Lackawanna College Stands

Earnings vs. debt across all accounting bachelors's programs nationally

Compare to Similar Programs in Pennsylvania

Accounting bachelors's programs at peer institutions in Pennsylvania (76 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Lackawanna CollegeScranton$17,950$57,966*$27,000*
Villanova UniversityVillanova$64,701$77,966*$91,268$25,858*0.33
Lehigh UniversityBethlehem$62,180$77,026*$95,363$23,179*0.30
Bucknell UniversityLewisburg$64,772$75,776*$93,021$26,881*0.35
University of ScrantonScranton$52,309$70,453*$85,314$27,000*0.38
Drexel UniversityPhiladelphia$60,663$70,069*$76,765$28,832*0.41
National Median$53,694*$25,000*0.47
* Estimated from similar programs

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
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 Lackawanna College, approximately 58% 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 42 similar programs in PA. Actual outcomes may vary.