Est. Earnings (1yr)
$47,089
Est. from AL median (14 programs)
Est. Median Debt
$26,588
Est. from national median (312 programs)

Analysis

With estimated debt of $26,588 against first-year earnings around $47,000, Oakwood's accounting program appears to sit right at Alabama's median for the field. That 0.56 debt-to-earnings ratio falls within a manageable range—graduates would owe about seven months' salary, which is reasonable for a professional credential. However, these figures are derived from comparable accounting programs statewide rather than Oakwood's own graduate outcomes, so they represent what similar programs typically produce rather than what this specific program delivers.

The earnings estimate trails the national median by about $6,600, though it matches what accounting majors across Alabama generally earn in their first year. Top programs in the state—Auburn at $60,381 and Alabama at $53,452—show there's considerable variation in outcomes even within the same region. Whether Oakwood's program lands closer to these higher performers or below the state average remains unknown without school-specific data.

For families considering this program, the fundamentals look sound on paper: accounting degrees generally lead to stable employment, and the estimated debt burden isn't excessive relative to expected earnings. But you're essentially making a decision based on statewide averages rather than this institution's track record. If your student is choosing between Oakwood and programs with published outcomes, those schools offer more transparency about what graduates actually achieve. The affordability calculation works if Oakwood delivers results consistent with peer programs, but that's an assumption you'll need to verify through other means—talking to recent alumni, checking job placement support, or understanding what local employers think of the program.

Where Oakwood University Stands

Earnings vs. debt across all accounting bachelors's programs nationally

Compare to Similar Programs in Alabama

Accounting bachelors's programs at peer institutions in Alabama (24 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Oakwood UniversityHuntsville$21,838$47,089*$26,588*
Auburn UniversityAuburn$12,536$60,381*$68,374$23,250*0.39
The University of AlabamaTuscaloosa$11,900$53,452*$68,159$23,000*0.43
Strayer University-AlabamaBirmingham$13,920$52,373*$56,398$54,989*1.05
University of Alabama at BirminghamBirmingham$8,832$51,640*$53,666$34,288*0.66
Herzing University-BirminghamBirmingham$13,420$49,538*$54,212*
National Median$53,694*$25,000*0.47
* Estimated from similar programs

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
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 Oakwood University, approximately 47% 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 14 similar programs in AL. Actual outcomes may vary.