Analysis
Based on comparable accounting programs in Virginia, Mary Baldwin's bachelor's degree appears to align closely with state-wide patterns—estimated first-year earnings of $53,319 and debt around $25,813 suggest a debt-to-earnings ratio of 0.48, which is reasonable for a four-year degree. Similar Virginia programs typically produce outcomes in this range, putting graduates roughly on par with the national median for accounting majors. However, it's worth noting the wide spread among Virginia schools: top programs like Washington and Lee and James Madison place graduates at $70,000-$80,000+, suggesting that school choice matters significantly in this field.
The estimated debt load is manageable relative to expected earnings, which should allow graduates to handle loan payments while building their careers. With nearly half of students receiving Pell grants, Mary Baldwin serves a population where affordability matters, and the debt-to-income picture suggests graduates won't be overwhelmed by repayment obligations. That said, accounting is a credential-driven field where CPA licensure and firm connections can dramatically affect trajectory—factors that aren't captured in first-year earnings data.
The key challenge is that these figures are estimates drawn from peer programs, not Mary Baldwin's actual graduate outcomes. If you're seriously considering this program, ask the school directly about their graduates' placement rates, starting salaries, and CPA exam pass rates. The estimates suggest reasonable value, but you'll want concrete data on where their specific accounting graduates actually land.
Where Mary Baldwin University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in Virginia
Accounting bachelors's programs at peer institutions in Virginia (32 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $33,157 | $53,319* | — | $25,813* | — | |
| $64,525 | $81,625* | $101,332 | $16,750* | 0.21 | |
| $13,576 | $71,563* | $81,138 | $22,484* | 0.31 | |
| $62,600 | $71,508* | $86,270 | $20,757* | 0.29 | |
| $15,478 | $70,303* | $82,394 | $18,500* | 0.26 | |
| $13,815 | $67,291* | $80,027 | $21,500* | 0.32 | |
| 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 Mary Baldwin University, approximately 48% 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 16 similar programs in VA. Actual outcomes may vary.