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The Educational Path and Costs
Earning a CPA requires a combination of education, experience, and passing the CPA exam. Typically, this involves completing 150 credit hours of college education, which often translates to a bachelor's degree in accounting followed by additional coursework. Many institutions offer accelerated programs that allow students to complete their education more quickly, which can be a cost-effective option.
The cost of obtaining a CPA can vary widely. Tuition for accounting programs ranges from $10,000 to $30,000 per year, depending on the institution. Additionally, CPA exam fees can total around $1,000, and review courses may cost between $1,500 and $3,0004. However, many employers offer tuition reimbursement or bonuses for passing the CPA exam, which can offset some of these expenses.