Median Earnings (1yr)
$49,538
31st percentile
25th percentile in Minnesota
Est. Median Debt
$26,942
Est. from MN median (10 programs)

Analysis

First-year earnings of $49,538 put this program nearly $9,000 below what other Minnesota accounting graduates typically earn. With debt estimated around $27,000β€”based on what similar programs at this school reportβ€”the debt-to-earnings ratio of 0.54 is manageable on paper. But the earnings gap is harder to dismiss. Comparable accounting programs across Minnesota produce median earnings of $58,472, and the state's top accounting programs start graduates above $64,000. That's a $15,000 difference in year-one earnings that compounds over time.

Growth from $49,538 to $54,212 over four years represents modest progress, but it doesn't close the gap with peer programs. Accounting tends to be one of the more reliable fields for bachelor's-level employment, so these lower earnings suggest either differences in student outcomes, employer connections, or the competitive positioning of this program within Minnesota's accounting job market. Half of students here receive Pell grants, which indicates strong access, but that doesn't change the economic reality of starting well below market rates.

For a parent, the question is whether the convenience or accessibility of Herzing justifies accepting significantly lower earnings than what Minnesota accounting grads typically achieve. The debt is reasonable, but when comparable programs produce $8,000-$15,000 more in starting salary, those first few years matter. If your child has options at programs with stronger earnings records in Minnesota, those differences are worth serious consideration.

Where Herzing University-Minneapolis Stands

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

Earnings Distribution

How Herzing University-Minneapolis graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Herzing University-Minneapolis$49,538$54,212+9%
University of Minnesota-Twin Cities$66,591$80,603+21%
Saint Johns University$61,135$74,757+22%
Gustavus Adolphus College$64,094$73,508+15%
University of St Thomas$65,573$70,313+7%

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 Debt*Debt/Earnings
Herzing University-MinneapolisSt. Louis Park$13,420$49,538$54,212$26,942*β€”
University of Minnesota-Twin CitiesMinneapolis$16,488$66,591$80,603$22,342*0.34
Bethel UniversitySaint Paul$42,930$65,587β€”β€”*β€”
University of St ThomasSaint Paul$52,284$65,573$70,313$25,000*0.38
Augsburg UniversityMinneapolis$43,942$64,695$69,716$26,996*0.42
College of Saint BenedictSaint Joseph$53,884$64,410$66,880$26,925*0.42
National Medianβ€”$53,694β€”$25,000*0.47
* Estimated from similar programs

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 Herzing University-Minneapolis, approximately 52% 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.