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 $27,000βbased on what similar programs at this school reportβthe 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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $13,420 | $49,538 | $54,212 | $26,942* | β | |
| $16,488 | $66,591 | $80,603 | $22,342* | 0.34 | |
| $42,930 | $65,587 | β | β* | β | |
| $52,284 | $65,573 | $70,313 | $25,000* | 0.38 | |
| $43,942 | $64,695 | $69,716 | $26,996* | 0.42 | |
| $53,884 | $64,410 | $66,880 | $26,925* | 0.42 | |
| National Median | β | $53,694 | β | $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-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.