Analysis
South Carolina's accounting programs suggest first-year earnings around $52,400, which would put Newberry's graduates right at the state median but roughly $7,000 behind the strongest programs at Bob Jones and USC-Columbia. The estimated $23,936 in debt is actually lower than both the state and national mediansβa meaningful advantage when you're looking at roughly four months of gross income to cover what borrowers owe.
The debt-to-earnings ratio of 0.46 is solid for a bachelor's degree, particularly at a school where nearly half of students receive Pell grants. Accounting credentials tend to offer clearer career paths than many liberal arts degrees, and the baseline salary suggested by peer programs should support manageable loan payments. However, the gap between Newberry's estimates and the top South Carolina programs is worth consideringβthat $7,000 difference compounds over a career and might reflect stronger recruiting pipelines or alumni networks at larger institutions.
The core question is whether Newberry's environment justifies choosing it over programs with documented stronger outcomes. If your student values the smaller campus experience and the debt estimate holds true, this could work financially. But if maximizing early earnings matters most, the data from comparable programs suggests looking at USC-Columbia or Clemson, where accounting graduates demonstrably start higher.
Where Newberry College Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in South Carolina
Accounting bachelors's programs at peer institutions in South Carolina (24 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $30,050 | $52,373* | β | $23,936* | β | |
| $23,400 | $59,332* | $65,948 | $23,936* | 0.40 | |
| $12,688 | $59,283* | $72,537 | $25,826* | 0.44 | |
| $15,554 | $56,419* | $69,904 | $23,250* | 0.41 | |
| $33,580 | $55,127* | $55,705 | $23,750* | 0.43 | |
| $13,920 | $52,373* | $56,398 | $54,989* | 1.05 | |
| National Median | β | $53,694* | β | $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 Newberry College, approximately 49% 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 9 similar programs in SC. Actual outcomes may vary.