Analysis
Mercer accounting graduates face $27,000 in debt—right at the state median—but the earnings trajectory tells an unusual story. While similar accounting programs in Georgia suggest first-year earnings around $50,600, by year four Mercer graduates earn $74,397, vaulting past not only the state median but also exceeding what graduates from UGA and Georgia State report. That's a dramatic acceleration that sets this program apart from its peers.
The debt-to-earnings ratio of 0.53 looks manageable on paper, especially since the debt load itself sits at the 25th percentile nationally. But there's a gap worth noting: Mercer's estimated first-year earnings lag behind what accounting majors typically earn at the state's flagship and larger programs. Whether that reflects Mercer's smaller alumni network in Atlanta's accounting hub or simply the limitations of estimated data isn't clear. What is clear is that the catch-up happens quickly—that $74,397 figure by year four suggests Mercer graduates command competitive salaries once established.
For parents, the key question is whether the mid-tier starting position justifies the investment at a selective private university. The debt is modest and the mid-career earnings are strong, but you're not seeing the immediate payoff that larger programs deliver. If your student values Mercer's smaller classes and personalized approach, the numbers work—just expect a slower start than the competition.
Where Mercer University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Mercer University | — | $74,397 | — |
| Oglethorpe University | $56,121 | $77,243 | +38% |
| University of Georgia | $64,058 | $76,298 | +19% |
| Georgia Southern University | $44,094 | $66,265 | +50% |
| Kennesaw State University | $57,814 | $65,652 | +14% |
Compare to Similar Programs in Georgia
Accounting bachelors's programs at peer institutions in Georgia (38 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $40,890 | $50,583* | $74,397 | $27,000 | — | |
| $11,180 | $64,058* | $76,298 | $23,250 | 0.36 | |
| $5,786 | $57,814* | $65,652 | $26,000 | 0.45 | |
| $45,806 | $56,121* | $77,243 | $26,000 | 0.46 | |
| $8,478 | $55,761* | $62,731 | $25,500 | 0.46 | |
| $17,488 | $54,264* | $54,099 | $54,380 | 1.00 | |
| 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 Mercer University, approximately 33% 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 19 similar programs in GA. Actual outcomes may vary.