Accounting at Strayer University-New Jersey

Strayer's accounting program carries more than double the typical debt load for New Jersey accounting graduates—$54,989 versus a state median of $24,489—while delivering earnings that fall in the 40th percentile among the state's 23 accounting programs. First-year graduates earn $52,373, roughly $1,500 below both state and national medians, creating a debt-to-earnings ratio of 1.05 that means borrowers start with debt exceeding their annual salary. For context, top-tier New Jersey accounting programs like TCNJ and the Rutgers campuses place graduates earning $68,000 to $74,000 annually with significantly less debt.

The modest 8% earnings growth to $56,398 by year four helps, but doesn't fundamentally change the financial picture. Two-thirds of students here receive Pell grants, suggesting this program serves students who may have fewer financial safety nets to manage extended loan repayment periods. The high debt burden becomes especially concerning when you consider that accounting as a field typically offers clear career pathways and relatively predictable earnings—advantages this program's graduates don't fully realize.

For families weighing this option against New Jersey's public universities or other in-state alternatives, the cost-benefit calculation is straightforward: you're paying premium tuition for below-average outcomes. Unless there are compelling reasons around scheduling flexibility or transfer credit acceptance, New Jersey families can access substantially better value elsewhere in the state.