Median Earnings (1yr)
$51,552
40th percentile
Median Debt
$26,924
8% above national median

Analysis

Wofford's accounting graduates start below the middle of the packβ€”earning roughly $51,500 in their first year, which lands them at the 40th percentile both nationally and among South Carolina programs. However, strong earnings growth to $65,000 by year four suggests the liberal arts foundation may pay off over time, even if the initial launch is modest. The $26,900 in typical debt is manageable, representing just half a year's starting salary, and sits below both national and state medians.

The challenge is context: Wofford trails the state's top programs by $8,000-$10,000 in starting salary, with USC-Columbia and Bob Jones graduates both clearing $59,000. For a selective school (average SAT of 1297), these middle-of-the-road outcomes might surprise families expecting a premium return on a private college investment.

The small sample size here mattersβ€”with fewer than 30 graduates in the dataset, one or two outliers could skew these numbers either direction. If your child is drawn to Wofford's intimate campus and strong mentoring culture, the debt load won't be crushing. But purely as an accounting credential, it's competing with larger state programs that deliver similar or better early earnings at potentially lower cost. The value proposition depends heavily on fit beyond the spreadsheet.

Where Wofford College Stands

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

Earnings Distribution

How Wofford College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Wofford College$51,552$65,349+27%
University of South Carolina-Columbia$59,283$72,537+22%
Clemson University$56,419$69,904+24%
Bob Jones University$59,332$65,948+11%
College of Charleston$49,702$65,244+31%

Compare to Similar Programs in South Carolina

Accounting bachelors's programs at peer institutions in South Carolina (24 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Wofford CollegeSpartanburg$54,100$51,552$65,349$26,9240.52
Bob Jones UniversityGreenville$23,400$59,332$65,948$23,9360.40
University of South Carolina-ColumbiaColumbia$12,688$59,283$72,537$25,8260.44
Clemson UniversityClemson$15,554$56,419$69,904$23,2500.41
Anderson UniversityAnderson$33,580$55,127$55,705$23,7500.43
Strayer University-South CarolinaGreenville$13,920$52,373$56,398$54,9891.05
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 Wofford College, approximately 15% 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 20 graduates with reported earnings and 38 graduates with debt data. Small samples may not be representative.