Median Earnings (1yr)
$64,094
85th percentile
60th percentile in Minnesota
Median Debt
$26,959
8% above national median

Analysis

Gustavus Adolphus graduates enter accounting careers earning $64,094β€”nearly $10,000 above the national median and competitive with Minnesota's top private colleges. While this lands at the 60th percentile statewide (just behind heavyweights like University of St Thomas and Bethel), it significantly outperforms three-quarters of accounting programs nationally. Graduates carry debt of $26,959, which translates to a manageable 0.42 debt-to-earnings ratio that's well below concerning thresholds.

The earnings trajectory here is solid, with graduates seeing 15% growth to $73,508 by year four. Among Minnesota's 31 accounting programs, Gustavus holds its own against schools with higher name recognition. The combination of strong first-year earnings and reasonable debt load means graduates can realistically handle their loan payments while building careersβ€”accounting typically offers stable employment prospects that make this financial picture sustainable.

For families weighing a $27,000 debt load against starting salaries in the mid-$60s, this represents a straightforward value proposition. The program delivers outcomes on par with the state's most competitive options, and graduates earn enough from day one to service their debt comfortably. If your child is serious about accounting and values the liberal arts college environment, Gustavus produces results that justify the investment.

Where Gustavus Adolphus College Stands

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

Earnings Distribution

How Gustavus Adolphus College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Gustavus Adolphus College$64,094$73,508+15%
University of Minnesota-Twin Cities$66,591$80,603+21%
Saint Johns University$61,135$74,757+22%
University of St Thomas$65,573$70,313+7%
Augsburg University$64,695$69,716+8%

Compare to Similar Programs in Minnesota

Accounting bachelors's programs at peer institutions in Minnesota (31 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Gustavus Adolphus CollegeSaint Peter$54,310$64,094$73,508$26,9590.42
University of Minnesota-Twin CitiesMinneapolis$16,488$66,591$80,603$22,3420.34
Bethel UniversitySaint Paul$42,930$65,587β€”β€”β€”
University of St ThomasSaint Paul$52,284$65,573$70,313$25,0000.38
Augsburg UniversityMinneapolis$43,942$64,695$69,716$26,9960.42
College of Saint BenedictSaint Joseph$53,884$64,410$66,880$26,9250.42
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 Gustavus Adolphus College, approximately 21% 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 30 graduates with reported earnings and 29 graduates with debt data. Small samples may not be representative.