Accounting at Gustavus Adolphus College
Bachelor's Degree
Analysis
Gustavus Adolphus graduates enter accounting careers earning $64,094—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 careers—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
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 Gustavus Adolphus College graduates compare to all programs nationally
Gustavus Adolphus College graduates earn $64k, placing them in the 85th 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 Minnesota
Accounting bachelors's programs at peer institutions in Minnesota (31 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Gustavus Adolphus College | $64,094 | $73,508 | $26,959 | 0.42 |
| University of Minnesota-Twin Cities | $66,591 | $80,603 | $22,342 | 0.34 |
| Bethel University | $65,587 | — | — | — |
| University of St Thomas | $65,573 | $70,313 | $25,000 | 0.38 |
| Augsburg University | $64,695 | $69,716 | $26,996 | 0.42 |
| College of Saint Benedict | $64,410 | $66,880 | $26,925 | 0.42 |
| National Median | $53,694 | — | $25,000 | 0.47 |
Other Accounting Programs in Minnesota
Compare tuition, earnings, and debt across Minnesota schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| University of Minnesota-Twin Cities Minneapolis | $16,488 | $66,591 | $22,342 |
| Bethel University Saint Paul | $42,930 | $65,587 | — |
| University of St Thomas Saint Paul | $52,284 | $65,573 | $25,000 |
| Augsburg University Minneapolis | $43,942 | $64,695 | $26,996 |
| College of Saint Benedict Saint Joseph | $53,884 | $64,410 | $26,925 |
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.