Analysis
Borrowing $27,000 for a degree that yields around $58,000 in first-year earnings—based on what similar Pennsylvania accounting programs produce—creates a manageable debt-to-earnings ratio that should allow for reasonable repayment. While these figures represent typical outcomes for comparable programs rather than Lycoming's actual graduate results, they suggest the economics work in a graduate's favor, with debt at less than half of first-year income.
The real question is competitive positioning. Elite programs in Pennsylvania—Villanova, Lehigh, Bucknell—report first-year earnings $17,000 to $20,000 higher, which compounds over a career. Accounting is a field where starting salaries matter because they often determine your trajectory toward CPA licensure and advancement. If your child is considering Lycoming alongside these higher-performing programs, the earnings gap warrants serious consideration, particularly if the difference in total cost isn't proportional to the difference in outcomes.
That said, the fundamentals here aren't alarming. The estimated debt load is reasonable for Pennsylvania private colleges, and accounting remains a stable field with clear career paths. If Lycoming offers your child something distinctive—smaller classes, specific faculty relationships, or a setting where they'll thrive academically—the projected financial picture shouldn't disqualify it. Just recognize that without reported data specific to Lycoming's program, you're making decisions based on what peer programs typically deliver rather than this school's proven track record.
Where Lycoming 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 |
|---|---|---|---|---|---|
| $47,675 | $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 Lycoming College, approximately 40% 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.