Analysis
Concordia University-Wisconsin's accounting graduates start roughly $5,000 below the state median for Wisconsin accounting programs, but the story changes dramatically by year four. That 31% earnings jump to nearly $68,000 puts graduates on par with programs like Marquette and UW-La Crosse—schools that command significantly higher starting salaries. This trajectory matters for a career like accounting where early years often involve grinding through tax seasons and audits before advancement opportunities open up.
The $27,000 debt load sits just above state and national medians, but the debt-to-earnings ratio of 0.52 remains manageable—graduates owe roughly half their first-year salary. Within Wisconsin's competitive accounting landscape (31 programs statewide), Concordia lands squarely in the middle for both earnings and debt. The moderate sample size suggests stable employment patterns, though not the volume of UW-Madison or Marquette.
For families prioritizing a private Lutheran college experience without excessive debt, this works. Your child will likely start at smaller firms or corporate roles with modest pay, but the four-year earnings data indicates real career progression. If maximizing starting salary is the goal, UW-Madison or Marquette deliver $15,000-17,000 more out of the gate. But if you're comfortable with a slower burn that catches up within a CPA licensing timeline, Concordia offers a viable path to a solid mid-60s income without the debt loads that often accompany private universities.
Where Concordia University-Wisconsin Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Concordia University-Wisconsin 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-Wisconsin | $51,908 | $67,933 | +31% |
| Marquette University | $67,665 | $80,539 | +19% |
| University of Wisconsin-Madison | $68,909 | $78,931 | +15% |
| Carthage College | $61,887 | $70,257 | +14% |
| University of Wisconsin-La Crosse | $62,450 | $68,207 | +9% |
Compare to Similar Programs in Wisconsin
Accounting bachelors's programs at peer institutions in Wisconsin (31 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $34,250 | $51,908 | $67,933 | $27,000 | 0.52 | |
| $11,205 | $68,909 | $78,931 | $21,294 | 0.31 | |
| $48,700 | $67,665 | $80,539 | $25,000 | 0.37 | |
| $9,651 | $62,450 | $68,207 | $23,264 | 0.37 | |
| $8,250 | $61,926 | $67,874 | $21,500 | 0.35 | |
| $36,500 | $61,887 | $70,257 | $27,000 | 0.44 | |
| National Median | — | $53,694 | — | $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-Wisconsin, approximately 22% 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.