Analysis
Newman University's accounting program carries an estimated $33,552 in debtβsignificantly higher than the $25,125 median for Kansas accounting programs and well above the $25,000 national benchmark. That debt burden matters when peer programs across Kansas suggest first-year earnings around $53,842, creating a debt-to-earnings ratio of 0.62. While this ratio isn't catastrophic, you're potentially paying more to reach the same salary threshold that graduates from larger state universities achieve with less debt.
The earnings estimate aligns closely with Kansas and national medians for accounting degrees, but look at what nearby competitors deliver: Kansas State and Wichita State graduates earn $59,000-$60,000 in their first yearβabout $6,000 more annually. Over a career, that gap compounds considerably, especially when you're starting with higher debt. The 48% admission rate suggests Newman is accessible, but the 12% Pell grant enrollment indicates this is primarily serving families who can afford private tuition without significant financial aid.
For families weighing this investment, the higher debt estimate combined with earnings that mirror less expensive public options creates a challenging value proposition. Unless Newman offers specific connections, mentorship, or placement advantages in Wichita's accounting market that justify the premium, Kansas's public universities appear to deliver comparable or better outcomes at lower cost. That $8,000-10,000 debt difference translates to years of loan payments.
Where Newman University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in Kansas
Accounting bachelors's programs at peer institutions in Kansas (24 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $35,500 | $53,842* | β | $33,552* | β | |
| $10,942 | $60,155* | $68,922 | $24,250* | 0.40 | |
| $9,322 | $59,448* | $63,799 | $22,250* | 0.37 | |
| $34,800 | $58,320* | $68,559 | $20,500* | 0.35 | |
| $5,633 | $56,503* | $44,024 | $26,000* | 0.46 | |
| $9,578 | $55,197* | $58,768 | $20,853* | 0.38 | |
| 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 Newman University, approximately 12% 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 13 similar programs in KS. Actual outcomes may vary.