Analysis
Is accounting worth pursuing at a small New York college when larger programs dominate the field? Based on comparable accounting programs in New York, graduates typically earn around $51,500 in their first yearβright at the state median but nearly $20,000 below what top programs like Fordham and Syracuse deliver. The estimated $25,400 in debt produces a manageable 0.49 debt-to-earnings ratio, suggesting graduates can realistically handle their loan payments. However, this field rewards pedigree and recruiting networks, which explains why the state's highest earners cluster at larger universities with established Big Four accounting firm pipelines.
The practical challenge is that accounting is fundamentally a credentialing profession where passing the CPA exam and landing that first job matter enormously. Smaller programs can absolutely prepare students for licensure, but the earnings gap suggests St. Thomas Aquinas may not provide the same corporate recruiting access. With 76 accounting programs in New York alone, employers have plenty of choices, and starting salary often reflects which campus recruiters visit regularly.
For families, this means weighing affordability against opportunity. The debt load won't be crushing, but if your child wants a shot at those $70,000+ starting positions, you'll need to investigate this program's specific job placement record and CPA pass ratesβdata that matters more than the estimates we're working with here. If those metrics are strong, this could work; if they're weak, paying similar money for demonstrably better outcomes elsewhere makes more sense.
Where St. Thomas Aquinas College Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in New York
Accounting bachelors's programs at peer institutions in New York (76 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $37,720 | $51,525* | β | $25,363* | β | |
| $61,992 | $76,473* | $96,453 | $23,970* | 0.31 | |
| $63,061 | $75,294* | $85,784 | $27,000* | 0.36 | |
| $10,363 | $74,151* | $84,365 | $19,500* | 0.26 | |
| $46,140 | $71,436* | $79,786 | $23,250* | 0.33 | |
| $37,840 | $70,344* | $84,281 | $27,000* | 0.38 | |
| 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 St. Thomas Aquinas College, approximately 18% 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 45 similar programs in NY. Actual outcomes may vary.