Est. Earnings (1yr)
$51,694
Est. from TN median (10 programs)
Est. Median Debt
$51,848
Est. from national median (55 programs)

Analysis

A dollar-for-dollar debt-to-earnings ratio rarely signals a strong investment, and that's what comparable accounting programs in Tennessee suggest for this bachelor's degree. With estimated first-year earnings around $52,000 against debt approaching $52,000, graduates would face a significantly heavier burden than peers at most other Tennessee accounting programs, where typical debt sits closer to $23,000. That $28,000 difference matters enormously in those crucial early-career years when you're trying to establish financial footing.

The earnings picture itself appears competitiveβ€”similar programs across Tennessee produce first-year salaries in this range, and South College serves a substantial population of Pell-eligible students who might otherwise struggle to access this credential. But accounting degrees generally offer predictable career paths with steady advancement, making the debt load the critical variable here. When programs like Tennessee State and UT-Knoxville report graduates earning comparable salaries with presumably lower debt burdens, the cost-benefit calculation becomes harder to justify.

For families considering this program, request the school's actual graduate outcomes if available and explore whether financial aid could substantially reduce that estimated debt figure. At the projected borrowing level, this accounting degree would require careful financial planning that many competing programs in the state wouldn't demand.

Where South College Stands

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

Compare to Similar Programs in Tennessee

Accounting bachelors's programs at peer institutions in Tennessee (28 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
South CollegeKnoxville$17,935$51,694*β€”$51,848*β€”
Tennessee State UniversityNashville$8,568$53,620*$50,033$29,250*0.55
Lee UniversityCleveland$22,690$53,577*$70,035$16,750*0.31
The University of Tennessee-KnoxvilleKnoxville$13,484$53,197*$71,799$22,000*0.41
Strayer University-TennesseeMemphis$13,920$52,373*$56,398$54,989*1.05
Middle Tennessee State UniversityMurfreesboro$9,506$51,963*$59,969$24,553*0.47
National Medianβ€”$53,694*β€”$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 South College, approximately 50% 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 10 similar programs in TN. Actual outcomes may vary.