Analysis
The four-year earnings figure of $49,931 tells a more complete story than the initial $36,181 estimate. While similar programs in Michigan suggest first-year earnings around $36,000—putting grads roughly at the national median—the substantial jump to nearly $50,000 by year four indicates strong career progression in accounting. The $22,830 in debt sits above both the state median ($17,621) and national median ($19,354), but with a debt-to-earnings ratio of 0.63, graduates should be able to manage payments even in that first year when earnings are lowest.
What's particularly interesting here is how Davenport's graduates appear to accelerate past their starting point. That 38% earnings increase over four years suggests the credential opens doors to actual accounting positions with advancement potential, not just bookkeeping roles. Oakland Community College produces stronger starting salaries among Michigan peers, but if you're committed to a four-year institution, Davenport's longer-term outcomes look solid for an associate's program.
The practical calculation: even at the estimated starting salary, you're looking at manageable debt repayment that gets easier as earnings climb. If your student plans to work while pursuing a bachelor's degree eventually, this creates a viable pathway. Just know you're paying a premium compared to Michigan's community college options, where debt loads run $5,000 lower for similar early earnings.
Where Davenport University Stands
Earnings vs. debt across all accounting associates's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Davenport University | — | $49,931 | — |
| Southern New Hampshire University | $37,986 | $53,096 | +40% |
| Oakland Community College | $40,424 | $46,109 | +14% |
| Grand Rapids Community College | $35,538 | $42,721 | +20% |
| Baker College | $36,181 | $38,187 | +6% |
Compare to Similar Programs in Michigan
Accounting associates's programs at peer institutions in Michigan (35 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $23,324 | $36,181* | $49,931 | $22,830 | — | |
| $3,020 | $40,424* | $46,109 | $21,496 | 0.53 | |
| $12,810 | $36,181* | $38,187 | $26,067 | 0.72 | |
| $4,059 | $35,538* | $42,721 | $12,750 | 0.36 | |
| National Median | — | $37,000* | — | $19,354 | 0.52 |
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 Davenport University, approximately 30% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 3 similar programs in MI. Actual outcomes may vary.