Analysis
An associate's degree in accounting from UAF comes with an estimated debt burden of around $16,000—notably lower than both the national median ($19,354) and what comparable Alaska programs typically carry ($20,000). That lighter debt load matters when paired with estimated first-year earnings of $37,001, yielding a debt-to-earnings ratio of 0.43 that suggests manageable repayment.
The wrinkle here is that Alaska's accounting market appears stronger than these national-derived estimates suggest. Alaska Career College's accounting graduates, for instance, report earning $42,749 in their first year—about $5,700 more than what similar programs nationally produce. This gap hints that UAF's actual outcomes might exceed the national baseline used for these estimates, though without reported data from UAF itself, we can't confirm whether its graduates capture that Alaska premium.
For parents weighing this option, the lower estimated debt is reassuring, but the earnings uncertainty complicates the calculus. If UAF graduates perform closer to Alaska Career College's reported figures, this program offers solid value at a public university price point. If they track closer to national norms, it's still manageable but less compelling than state alternatives. The key question is whether UAF's accounting program positions students for Alaska's accounting market as effectively as programs with demonstrated local outcomes.
Where University of Alaska Fairbanks Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Alaska
Accounting associates's programs at peer institutions in Alaska (7 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $8,640 | $37,001* | — | $15,979* | — | |
| — | $42,749* | $41,107 | $20,000* | 0.47 | |
| National Median | — | $37,000* | — | $19,354* | 0.52 |
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 University of Alaska Fairbanks, 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 national median of 118 similar programs. Actual outcomes may vary.