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 competitiveβsimilar 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)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $17,935 | $51,694* | β | $51,848* | β | |
| $8,568 | $53,620* | $50,033 | $29,250* | 0.55 | |
| $22,690 | $53,577* | $70,035 | $16,750* | 0.31 | |
| $13,484 | $53,197* | $71,799 | $22,000* | 0.41 | |
| $13,920 | $52,373* | $56,398 | $54,989* | 1.05 | |
| $9,506 | $51,963* | $59,969 | $24,553* | 0.47 | |
| 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 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.