Accounting at Ferris State University
Bachelor's Degree
Analysis
Ferris State's accounting graduates start behind the state average, earning $46,359 in their first year compared to Michigan's median of $52,668. At the 40th percentile among Michigan accounting programs, this puts Ferris well below what students could expect at comparable state schools like Central Michigan or even regional competitors. The gap widens nationally—Ferris ranks in just the 21st percentile, meaning nearly 80% of accounting programs deliver stronger starting salaries.
The positive story here is decent earnings growth: a 20% jump to $55,826 by year four suggests the degree builds marketable skills, even if the starting point lags. Debt at $25,838 sits right at national norms, creating a manageable 0.56 debt-to-earnings ratio. For a family choosing Ferris for its accessibility (81% admission rate) and potentially lower total costs, these fundamentals work. The program won't saddle graduates with crushing debt, and the trajectory points upward.
The question is opportunity cost. Michigan State accounting grads start at $65,965—a $20,000 premium over Ferris that would take years to close through growth alone. If your student can access a stronger program in-state, the math favors that route. Ferris makes sense primarily for students who need the open admission policy or who have compelling reasons to stay in Big Rapids, but accounting-focused families should compare total four-year costs carefully against higher-earning alternatives within Michigan's public system.
Where Ferris State University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Ferris State University graduates compare to all programs nationally
Ferris State University graduates earn $46k, placing them in the 21th percentile of all accounting bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Michigan
Accounting bachelors's programs at peer institutions in Michigan (37 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Ferris State University | $46,359 | $55,826 | $25,838 | 0.56 |
| Michigan State University | $65,965 | $75,633 | $23,250 | 0.35 |
| Aquinas College | $63,311 | — | — | — |
| Central Michigan University | $62,430 | $65,971 | $29,000 | 0.46 |
| Albion College | $62,266 | — | $27,000 | 0.43 |
| Walsh College | $61,960 | $59,351 | $21,587 | 0.35 |
| National Median | $53,694 | — | $25,000 | 0.47 |
Other Accounting Programs in Michigan
Compare tuition, earnings, and debt across Michigan schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Michigan State University East Lansing | $15,988 | $65,965 | $23,250 |
| Aquinas College Grand Rapids | $38,520 | $63,311 | — |
| Central Michigan University Mount Pleasant | $14,190 | $62,430 | $29,000 |
| Albion College Albion | $55,746 | $62,266 | $27,000 |
| Walsh College Troy | — | $61,960 | $21,587 |
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 Ferris State University, approximately 34% 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 60 graduates with reported earnings and 65 graduates with debt data. Small samples may not be representative.