Analysis
Concordia's accounting graduates start slightly below the Michigan average but show something more important: 31% earnings growth over four years, climbing from $51,908 to nearly $68,000. That growth trajectory matters more than the modest starting point, suggesting graduates are building solid careers even if they're not landing at Big Four firms immediately.
The debt picture is actually favorable here. At $27,000βroughly equivalent to a modest car loanβthe debt-to-earnings ratio of 0.52 means graduates owe just over half their first-year salary. That's manageable territory, especially compared to accounting programs at some Michigan private colleges where debt can exceed $35,000. The program ranks in the 40th percentile statewide for earnings, which means it's solidly middle-of-the-pack among Michigan's 37 accounting programsβnot competing with Michigan State's $66,000 starters, but not struggling either.
The practical reality: your child would graduate with reasonable debt and enter a career track that shows consistent upward momentum. Accounting offers stable demand, and Concordia's graduates appear to be finding their footing and advancing. For families prioritizing manageable debt over prestige, this represents a pragmatic path into the profession. The earnings trajectory suggests employers value the credentials once graduates get experience.
Where Concordia University Ann Arbor Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Concordia University Ann Arbor 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 |
|---|---|---|---|
| Concordia University Ann Arbor | $51,908 | $67,933 | +31% |
| Michigan State University | $65,965 | $75,633 | +15% |
| Hope College | $61,120 | $75,233 | +23% |
| Calvin University | $48,637 | $70,257 | +44% |
| Oakland University | $59,833 | $69,885 | +17% |
Compare to Similar Programs in Michigan
Accounting bachelors's programs at peer institutions in Michigan (37 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $34,200 | $51,908 | $67,933 | $27,000 | 0.52 | |
| $15,988 | $65,965 | $75,633 | $23,250 | 0.35 | |
| $38,520 | $63,311 | β | β | β | |
| $14,190 | $62,430 | $65,971 | $29,000 | 0.46 | |
| $55,746 | $62,266 | β | $27,000 | 0.43 | |
| β | $61,960 | $59,351 | $21,587 | 0.35 | |
| 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 Concordia University Ann Arbor, approximately 24% 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 36 graduates with reported earnings and 35 graduates with debt data. Small samples may not be representative.