Analysis
At first-year earnings of $50,581, this accounting program falls below both the state median ($58,070) and national median ($53,694) for bachelor's-level accounting. More concerning is the comparison with University of Alaska Anchorage's accounting graduates, who earn $65,560—nearly $15,000 more annually. That gap represents real purchasing power in Alaska's high cost-of-living environment, particularly for early-career professionals trying to establish themselves.
The estimated debt picture based on similar institutions—around $23,000—isn't catastrophic given the strong earnings growth trajectory. Graduates see a 30% jump from year one to year four, reaching nearly $66,000, which suggests Alaska's accounting market does reward experience. However, starting behind peers matters when you're competing for the same entry-level positions and trying to build savings in one of America's most expensive states.
For families, the question isn't whether this degree leads to employment—accounting credentials generally do—but whether UAF specifically positions graduates as competitively as Anchorage does. If your student is tied to Fairbanks for personal reasons, this remains a viable path with manageable debt. But if location is flexible, the Anchorage program's track record of significantly higher earnings from day one deserves serious consideration, especially since Alaska's accounting market is small enough that starting salary advantages can compound over an entire career.
Where University of Alaska Fairbanks Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How University of Alaska Fairbanks graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| University of Alaska Fairbanks | $50,581 | $65,855 | +30% |
| Georgetown University | $89,564 | $127,971 | +43% |
| Santa Clara University | $78,417 | $101,411 | +29% |
| Washington and Lee University | $81,625 | $101,332 | +24% |
| University of Alaska Anchorage | $65,560 | $67,685 | +3% |
Compare to Similar Programs in Alaska
Accounting bachelors's programs at peer institutions in Alaska (5 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $8,640 | $50,581 | $65,855 | $23,054* | — | |
| $7,566 | $65,560 | $67,685 | $16,700* | 0.25 | |
| National Median | — | $53,694 | — | $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 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.
Sample Size: Based on 17 graduates with reported earnings and 18 graduates with debt data. Small samples may not be representative.