Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs — see details below.
Analysis
Similar Accounting programs in North Carolina suggest first-year earnings around $48,500—right at the state median but nearly $5,000 below the national figure. With an estimated debt load of $26,000 from Shaw, the half-year debt-to-earnings ratio looks manageable on paper, especially for graduates entering public accounting or corporate finance roles where salaries typically climb within a few years.
The uncertainty here matters more than usual. Shaw serves a predominantly Pell-eligible population (65% of students), and outcomes for Accounting majors can vary dramatically based on whether graduates pass the CPA exam and enter firms that pay competitive salaries. The top programs in North Carolina—Elon, NC State, Appalachian—report outcomes $8,000 to $21,000 higher than the state median Shaw's estimates are based on. That gap could reflect differences in employer networks, internship pipelines, or CPA exam pass rates—factors that profoundly shape early career trajectories in accounting.
For families weighing this program, the estimated numbers suggest reasonable value if your student can leverage Shaw's Raleigh location for internships at local firms or state agencies. But given the range of outcomes across North Carolina Accounting programs, investigate Shaw's CPA prep resources, Big Four recruiting presence, and job placement specifics before committing. The difference between landing at a regional firm versus a corporate role could easily swing earnings $10,000 either way.
Where Shaw University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in North Carolina
Accounting bachelors's programs at peer institutions in North Carolina (37 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $17,176 | $48,489* | — | $25,982* | — | |
| $44,536 | $69,764* | $87,359 | $20,000* | 0.29 | |
| $8,895 | $56,606* | $70,576 | $20,946* | 0.37 | |
| $7,541 | $55,671* | $67,922 | $23,262* | 0.42 | |
| $19,500 | $55,224* | $60,099 | $25,982* | 0.47 | |
| $7,461 | $53,705* | $55,852 | $22,612* | 0.42 | |
| 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 Shaw University, approximately 65% 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 21 similar programs in NC. Actual outcomes may vary.