Median Earnings (1yr)
$51,405
40th percentile
Median Debt
$47,435
90% above national median

Analysis

University of Phoenix's accounting program presents a concerning value proposition, with graduates earning significantly less while carrying nearly double the typical debt burden. At $51,405 in first-year earnings, graduates earn about $2,500 less than both national and Arizona medians, placing this program squarely in the bottom half (40th percentile) among accounting programs nationwide and within Arizona.

The debt picture is particularly troubling. With median debt of $47,435β€”89% higher than the national average and 45% above Arizona's medianβ€”students are taking on substantially more financial risk for below-average outcomes. This debt load represents 92% of first-year earnings, creating a challenging repayment scenario. The program ranks in just the 5th percentile nationally for debt levels, meaning 95% of accounting programs nationwide saddle students with less debt.

Perhaps most concerning is the lack of earnings growth over time, with income increasing by only $603 over four yearsβ€”essentially stagnant wages. When compared to Arizona's top accounting programs like University of Arizona ($60,659) or ASU ($58,332), Phoenix graduates earn $7,000-9,000 less annually while carrying significantly more debt. For families seeking solid financial returns from an accounting degree, this program's combination of below-average earnings and above-average debt creates a particularly risky investment that may take years longer to pay off than alternatives.

Where University of Phoenix-Arizona Stands

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

Earnings Distribution

How University of Phoenix-Arizona graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
University of Phoenix-Arizona$51,405$52,008+1%
University of Arizona$60,659$77,183+27%
Arizona State University Campus Immersion$58,332$71,050+22%
Northern Arizona University$51,506$66,027+28%
Grand Canyon University$53,977$56,535+5%

Compare to Similar Programs in Arizona

Accounting bachelors's programs at peer institutions in Arizona (9 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Phoenix-ArizonaPhoenix$9,552$51,405$52,008$47,4350.92
University of ArizonaTucson$13,626$60,659$77,183$23,0000.38
Arizona State University Digital ImmersionScottsdaleβ€”$58,332β€”β€”β€”
Arizona State University Campus ImmersionTempe$12,051$58,332$71,050$17,7500.30
DeVry University-ArizonaPhoenix$17,488$54,264$54,099$54,3801.00
Grand Canyon UniversityPhoenix$17,450$53,977$56,535$29,5130.55
National Medianβ€”$53,694β€”$25,0000.47

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 University of Phoenix-Arizona, approximately 45% 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 743 graduates with reported earnings and 1097 graduates with debt data. Small samples may not be representative.