Median Earnings (1yr)
$40,607
5th percentile (25th in NC)
Median Debt
$20,000
20% below national median
Debt-to-Earnings
0.49
Manageable
Sample Size
42
Adequate data

Analysis

Western Carolina's accounting program sits in the bottom quarter of North Carolina offerings, with first-year earnings of $40,607 falling well below the state median of $48,489. That's roughly $8,000 less annually than what nearby Appalachian State graduates earn, and about half the gap behind top earners from NC State or Elon. The program ranks in just the 5th percentile nationally—meaning 95% of accounting programs produce better initial outcomes.

The silver lining is trajectory: earnings climb 28% to nearly $52,000 by year four, which is solid growth, and the debt load of $20,000 is manageable relative to first-year income. Still, even with this progression, graduates remain behind their peers at comparable regional public universities. The 0.49 debt-to-earnings ratio won't crush anyone financially, but it doesn't offset the opportunity cost of starting nearly $15,000 behind the national median for accounting majors.

If your child is committed to staying in western North Carolina and values the smaller campus environment, this program won't bury them in debt. But purely as a financial investment for an accounting degree, there are notably stronger options within the UNC system and at nearby public universities that deliver substantially higher earning potential from day one.

Where Western Carolina University Stands

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

Western Carolina UniversityOther accounting programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Western Carolina University graduates compare to all programs nationally

Western Carolina University graduates earn $41k, placing them in the 5th percentile of all accounting bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in North Carolina

Accounting bachelors's programs at peer institutions in North Carolina (37 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Western Carolina University$40,607$51,846$20,0000.49
Elon University$69,764$87,359$20,0000.29
North Carolina State University at Raleigh$56,606$70,576$20,9460.37
Appalachian State University$55,671$67,922$23,2620.42
Belmont Abbey College$55,224$60,099$25,9820.47
University of North Carolina Asheville$53,705$55,852$22,6120.42
National Median$53,694—$25,0000.47

Other Accounting Programs in North Carolina

Compare tuition, earnings, and debt across North Carolina schools

SchoolIn-State TuitionEarnings (1yr)Debt
Elon University
Elon
$44,536$69,764$20,000
North Carolina State University at Raleigh
Raleigh
$8,895$56,606$20,946
Appalachian State University
Boone
$7,541$55,671$23,262
Belmont Abbey College
Belmont
$19,500$55,224$25,982
University of North Carolina Asheville
Asheville
$7,461$53,705$22,612

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 Western Carolina University, approximately 33% 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 42 graduates with reported earnings and 50 graduates with debt data. Small samples may not be representative.