Median Earnings (1yr)
$49,970
33rd percentile
40th percentile in Michigan
Median Debt
$27,000
8% above national median

Analysis

Davenport University's accounting program sits in the middle tier of Michigan options, with first-year earnings of $49,970 trailing the state median by about $2,700. While the program ranks in just the 40th percentile among Michigan accounting degrees, graduates carry slightly more debt ($27,000) than the state median, creating a financial picture that leans toward adequacy rather than excellence.

The math works, but barely distinguishes itself. That 0.54 debt-to-earnings ratio is manageable, and the below-national-median debt load means graduates aren't buried. Earnings grow a respectable 18% to nearly $59,000 by year four, suggesting decent career progression. However, compare this to in-state alternatives: Michigan State grads start at $66,000, and even regional competitors like Central Michigan and Albion place graduates earning $12,000-$13,000 more annually. Over a career, that gap compounds significantly.

The real question is cost differential. If Davenport offers substantially lower tuition than Michigan State or other top-tier Michigan programs, the value proposition improves. But at face value, this is a program that gets you into accounting without dramaβ€”moderate debt, decent growth trajectory, reliable employmentβ€”while leaving meaningful earning potential on the table compared to peers across the state.

Where Davenport University Stands

Earnings vs. debt across all accounting bachelors's programs nationally

Earnings Distribution

How Davenport University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Davenport University$49,970$58,967+18%
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)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Davenport UniversityGrand Rapids$23,324$49,970$58,967$27,0000.54
Michigan State UniversityEast Lansing$15,988$65,965$75,633$23,2500.35
Aquinas CollegeGrand Rapids$38,520$63,311β€”β€”β€”
Central Michigan UniversityMount Pleasant$14,190$62,430$65,971$29,0000.46
Albion CollegeAlbion$55,746$62,266β€”$27,0000.43
Walsh CollegeTroyβ€”$61,960$59,351$21,5870.35
National Medianβ€”$53,694β€”$25,0000.47

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
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.

Sample Size: Based on 137 graduates with reported earnings and 159 graduates with debt data. Small samples may not be representative.