Analysis
University of Richmond's accounting program produces graduates who outearn 95% of accounting majors nationally and 80% of those in Virginiaβa remarkable outcome for a program that costs students far less in debt than most competitors. At $20,757 in median debt, graduates owe roughly $5,000 less than both state and national averages, while earning $71,508 right out of college. That 0.29 debt-to-earnings ratio means graduates can pay off their loans in under four months of gross salary, one of the strongest positions you'll find in undergraduate accounting.
The earnings trajectory looks healthy too, with graduates seeing 21% growth to $86,270 by year four. Richmond trails only Washington and Lee among Virginia accounting programs, while charging significantly less in debt than most. The selective admissions (23% acceptance rate) suggest this program attracts academically strong students who likely benefit from the school's business network and recruiting connections.
For families concerned about accounting as a career investment, this is about as solid as it gets. The combination of top-tier earnings, manageable debt, and steady growth means your child would enter the profession with genuine financial flexibilityβwhether that's paying down loans quickly, saving aggressively, or pursuing CPA certification without financial stress.
Where University of Richmond Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How University of Richmond 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 Richmond | $71,508 | $86,270 | +21% |
| Washington and Lee University | $81,625 | $101,332 | +24% |
| Virginia Polytechnic Institute and State University | $70,303 | $82,394 | +17% |
| James Madison University | $71,563 | $81,138 | +13% |
| George Mason University | $67,291 | $80,027 | +19% |
Compare to Similar Programs in Virginia
Accounting bachelors's programs at peer institutions in Virginia (32 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $62,600 | $71,508 | $86,270 | $20,757 | 0.29 | |
| $64,525 | $81,625 | $101,332 | $16,750 | 0.21 | |
| $13,576 | $71,563 | $81,138 | $22,484 | 0.31 | |
| $15,478 | $70,303 | $82,394 | $18,500 | 0.26 | |
| $13,815 | $67,291 | $80,027 | $21,500 | 0.32 | |
| $16,458 | $56,876 | $61,171 | $24,350 | 0.43 | |
| 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 University of Richmond, 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.
Sample Size: Based on 35 graduates with reported earnings and 36 graduates with debt data. Small samples may not be representative.