Est. Earnings (1yr)
$65,304
Est. from MA median (14 programs)
Est. Median Debt
$26,966
Est. from MA median (10 programs)

Analysis

Massachusetts accounting programs consistently produce strong first-year outcomes, and based on comparable programs across the state, Springfield College's graduates likely follow suit. With estimated earnings of $65,304 and debt around $27,000, the debt-to-earnings ratio of 0.41 sits comfortably below the concerning 0.5 thresholdβ€”meaning graduates would need less than half their first-year salary to cover what they borrowed.

What's worth noting is how this stacks up regionally. The estimated figures place Springfield roughly at the state median, trailing elite programs like Boston College and Bentley by $7,000-$10,000 annually, but substantially ahead of the national median of $53,694. That gap matters: accounting is a profession with clear credential requirements and hiring standards, so starting $11,000 above the national norm suggests Massachusetts employers value local graduates, regardless of institutional prestige. The practical translation: your child would likely enter a robust job market where debt remains manageable even in a worst-case scenario.

The caveat is realβ€”these are estimates drawn from peer institutions, not Springfield's actual outcomes. But accounting programs tend to produce more predictable results than many fields, and the state-level data provides a reasonable floor. If your child plans to stay in the Northeast and work in traditional accounting roles, this appears to be a sensible investment, particularly given Springfield's 70% admission rate makes it accessible without requiring exceptional test scores.

Where Springfield College Stands

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

Compare to Similar Programs in Massachusetts

Accounting bachelors's programs at peer institutions in Massachusetts (26 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Springfield CollegeSpringfield$43,707$65,304*β€”$26,966*β€”
Boston CollegeChestnut Hill$67,680$75,512*$98,724$18,000*0.24
College of the Holy CrossWorcester$60,850$73,234*β€”$27,000*0.37
Bentley UniversityWaltham$58,150$72,823*$83,486$27,000*0.37
Endicott CollegeBeverly$39,212$68,483*$78,896β€”*β€”
University of Massachusetts-AmherstAmherst$17,357$67,574*$85,464$23,250*0.34
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 Springfield College, approximately 22% 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 MA. Actual outcomes may vary.