Analysis
First-year earnings of $49,538 place this program in the bottom third of accounting degrees nationally and below the median for Wisconsin. When comparable accounting programs in the state—including public universities like UW-Whitewater and UW-La Crosse—produce graduates earning $12,000-$13,000 more annually, the gap is meaningful. At an estimated $27,000 in debt (based on similar Herzing programs in Wisconsin), the debt-to-earnings ratio of 0.55 suggests a manageable loan burden, but the earnings themselves create the real concern. Students here are entering the same job market as UW-Madison grads who earn nearly $20,000 more their first year.
The modest 9% earnings growth to year four doesn't close these gaps. While accounting is generally a stable career path with clear professional credentials that matter more than where you studied, starting $10,000+ behind peers affects your ability to pay down loans, save, and build financial security in those critical early career years. The high Pell grant percentage (67%) means many families here are counting on this degree to change their economic trajectory.
For parents weighing this investment: comparable programs at Wisconsin's public universities deliver significantly stronger earning outcomes at similar or lower debt levels. Without actual graduate data for this specific program, you're betting that Herzing's accounting degree performs differently than what we see from peer schools in the state—and the available evidence doesn't support that hope.
Where Herzing University-Madison Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Herzing University-Madison graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Herzing University-Madison | $49,538 | $54,212 | +9% |
| Marquette University | $67,665 | $80,539 | +19% |
| University of Wisconsin-Madison | $68,909 | $78,931 | +15% |
| Carthage College | $61,887 | $70,257 | +14% |
| University of Wisconsin-La Crosse | $62,450 | $68,207 | +9% |
Compare to Similar Programs in Wisconsin
Accounting bachelors's programs at peer institutions in Wisconsin (31 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $13,420 | $49,538 | $54,212 | $27,000* | — | |
| $11,205 | $68,909 | $78,931 | $21,294* | 0.31 | |
| $48,700 | $67,665 | $80,539 | $25,000* | 0.37 | |
| $9,651 | $62,450 | $68,207 | $23,264* | 0.37 | |
| $8,250 | $61,926 | $67,874 | $21,500* | 0.35 | |
| $36,500 | $61,887 | $70,257 | $27,000* | 0.44 | |
| National Median | — | $53,694 | — | $25,000* | 0.47 |
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 Herzing University-Madison, approximately 67% 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.