How much debt do UMass Amherst accounting graduates have?

The median federal loan balance is $23,250, which ranks 2nd lowest of 12 accounting bachelor's programs in Massachusetts. That works out to about $246 a month over 10 years.

Is a accounting degree from UMass Amherst worth it?

On the numbers, yes for most students. Debt equals 34% of first-year earnings, against a national median of 45%, and the share of borrowers in default two years into repayment is 10% or less. If the highest possible early salary is the main goal, several Massachusetts programs report higher pay, usually with more debt.

UMass Amherst Accounting (Bachelor's): Tuition, Graduate Salary, and Debt

Q: Do UMass Amherst accounting graduates stay in Massachusetts?

Most do. 88% (65 of 74) were working in Massachusetts one year after graduating.

Bachelor's in Accounting and Related Services
Public university
Amherst, MA
About 135 graduates a year

College Scorecard June 2026 release · BLS wages May 2025

The short answer

UMass Amherst accounting graduates earn more than graduates of most accounting programs nationally, $67,574 in their first year. The typical graduate leaves with $23,250 in federal loans, close to the national median of $24,958. Several Massachusetts programs report higher pay.

First-year earnings$67,57490th percentile of 636 programs nationally

Earnings after 5 years$99,49547% more than year one

Median federal debt$23,2502nd lowest of 12 Massachusetts programs

Debt-to-earnings34%Massachusetts median 43%, national 45%

How it compares

Each figure is the median for graduates of the program. The Massachusetts and national columns are the medians across all accounting bachelor's programs that report the figure.

	UMass Amherst	Massachusetts	National
Earnings, 1 year after graduating	$67,574	$65,304	$54,059
Earnings, 5 years after graduating	$99,495	$83,555	$71,308
Median federal debt at graduation	$23,250	$26,716	$24,958
Debt as share of first-year pay	34%	43%	45%
Programs compared		14	636

Five years out, UMass Amherst graduates earn more than the national figure and about $15,941 more than the Massachusetts median.

Debt and first-year pay at every Massachusetts accounting program

Programs in the upper left give graduates higher pay for less debt. Dashed lines mark the Massachusetts medians.

UMass AmherstOther Massachusetts programs

Hover over or tap a dot to see the school. Only programs that report both earnings and debt are shown.

What graduates earn over time

Pay rises about 47% between the first and fifth year.

UMass Amherst grads, year 1$67,574

UMass Amherst grads, year 5$99,495

All Massachusetts accounting grads, year 5$83,555

Year 1 and year 5 figures come from different graduating classes, so the growth rate is an estimate.

Does family income change the outcome?

Graduates who received Pell Grants, which go to students from lower-income families, earned about the same in their first year as other graduates. At this program, the outcome does not look worse for students with less money.

Pell Grant recipients, year 1 earnings$67,677Median debt $23,250

Other graduates, year 1 earnings$67,372Median debt $23,250

Paying back the loans

On a standard 10-year plan, the median debt means a payment of about $246 a month, or 4.4% of a graduate's typical monthly pay in the first year.

Two years into repayment (181 borrowers)	Share
Paid off in full	20–29%
Paying down the balance	50–59%
Paused payments (forbearance)	10% or less
In default	10% or less

The government publishes these as ranges to protect privacy. They were measured in 2018 to 2020, partly during the pandemic pause on federal loan payments, so the forbearance share may be higher than usual.

Where graduates work, and what the pay is worth

88% of graduates (65 of 74) were working in Massachusetts one year after graduating. Prices in the Amherst Town area are about the same as the national average.

Careers this field leads to

These are the jobs that the federal crosswalk from fields of study to occupations links to accounting, largest first. Pay is the median across all experience levels.

Accountants and Auditors

$99,460

Median pay in Massachusetts. 46,230 people work in this job in Massachusetts. Nationally, jobs are projected to grow 5% from 2025 to 2035, with about 115,300 openings a year. Typical education to start: bachelor's degree.

Bottom 10%: $70,460Top 10%: $160,100

Bookkeeping, Accounting, and Auditing Clerks

$59,830

Median pay in Massachusetts. 29,110 people work in this job in Massachusetts. Nationally, jobs are projected to shrink 6% from 2025 to 2035, with about 144,100 openings a year. Typical education to start: some college, no degree.

Bottom 10%: $40,760Top 10%: $81,080

Financial Managers

$206,760

Median pay in Massachusetts. 26,150 people work in this job in Massachusetts. Nationally, jobs are projected to grow 10% from 2025 to 2035, with about 65,600 openings a year. Typical education to start: bachelor's degree, plus 5 years or more of related work experience.

Bottom 10%: $120,850Top 10%: $332,490

Financial and Investment Analysts

$111,040

Median pay in Massachusetts. 14,790 people work in this job in Massachusetts. Nationally, jobs are projected to grow 7% from 2025 to 2035, with about 24,700 openings a year. Typical education to start: bachelor's degree.

Bottom 10%: $77,940Top 10%: $205,320

About UMass Amherst

In-state tuition and fees	$17,772 / year
Out-of-state tuition and fees	$40,449 / year
Average net price after aid	$22,383 / year
Admission rate	60%
Graduation rate (within 6 years)	83%
Undergraduate students	23,671

Accounting ranks 10th of 45 bachelor's programs at UMass Amherst by first-year earnings. The top three are Computer Engineering ($89,327), Computer Science ($88,554), and Nursing ($81,452).

Other accounting bachelor's programs near Amherst

School	Distance	Year 1 pay	Debt
UMass AmherstAmherst, MA · public		$67,574	$23,250
Assumption UniversityWorcester, MA · private nonprofit	36 mi	$67,012	$26,931
College of the Holy CrossWorcester, MA · private nonprofit	38 mi	$73,234	$27,000
Nichols CollegeDudley, MA · private nonprofit	39 mi	$53,761	$25,858
University of HartfordWest Hartford, CT · private nonprofit	42 mi	$51,981	$26,250
UConnStorrs, CT · public	42 mi	$70,945	$21,898
Eastern Connecticut StateWillimantic, CT · public	49 mi	$42,549	$23,250
Central Connecticut StateNew Britain, CT · public	49 mi	$52,758	$22,375
Framingham StateFramingham, MA · public	56 mi	$49,830	$26,348

Common questions

The median graduate earns $67,574 one year after graduating and $99,495 five years after. The median across accounting bachelor's programs in Massachusetts is $65,304.

About this data

Earnings and debt only include students who received federal financial aid (grants or loans).
Earnings only count graduates who were working and not enrolled in more school. Graduates who went straight to further study are not included.
Debt only includes federal loans. Private loans and credit cards are not counted.
Some schools with several campuses report one combined figure for all of them. We count each of those schools once, and leave them out of Massachusetts comparisons when their main campus is in another state.
Scorecard figures describe graduating classes from several years ago. BLS wages are from May 2025.
School-level numbers like tuition, admission rate, and graduation rate are for the whole school, not the accounting program.

Sources

U.S. Department of Education, College Scorecard, field of study and institution files, June 2026 release
Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025
Bureau of Labor Statistics, Employment Projections 2025 to 2035
Bureau of Economic Analysis, Regional Price Parities, 2024
NCES, CIP 2020 to SOC 2018 crosswalk, and IPEDS institution directory, 2024

Accounting bachelor's programs in Massachusetts, ranked14 programs by pay and debt Accounting bachelor's programs in the US, ranked636 programs by pay and debt All UMass Amherst programs, ranked45 programs by pay and debt