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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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $17,950 | $57,966* | — | $27,000* | — | |
| $64,701 | $77,966* | $91,268 | $25,858* | 0.33 | |
| $62,180 | $77,026* | $95,363 | $23,179* | 0.30 | |
| $64,772 | $75,776* | $93,021 | $26,881* | 0.35 | |
| $52,309 | $70,453* | $85,314 | $27,000* | 0.38 | |
| $60,663 | $70,069* | $76,765 | $28,832* | 0.41 | |
| 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 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.