Analysis
This small program's numbers tell a troubling story, particularly when you compare them to other Minnesota accounting certificate options. Graduates here earn $31,620 in their first year—barely matching the national median but falling well short of Minnesota's typical $39,563. More concerning, earnings actually drop to $26,473 by year four, a 16% decline that suggests many graduates struggle to advance or maintain consistent employment. Minnesota's strongest program (Rasmussen) produces earnings nearly 50% higher, showing this isn't simply a low-ceiling field.
The debt burden compounds the problem. While $24,252 might seem manageable compared to a four-year degree, it's substantially higher than both the national median ($13,047) and Minnesota's typical debt load ($18,650) for these certificates. You're looking at nearly a year's worth of first-year earnings in debt for credentials that appear to lose value over time. The institution's 94% admission rate and high Pell grant percentage (52%) suggest it serves students who may have limited options, but the outcomes don't justify the cost.
The extremely small sample size (under 30 graduates) means these numbers could shift dramatically year to year, but the pattern is concerning enough to warrant serious alternatives. For an accounting certificate in Minnesota, you'd likely get better value elsewhere—particularly at programs that show earnings growth rather than decline.
Where Herzing University-Minneapolis Stands
Earnings vs. debt across all accounting certificate'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 | $31,620 | $26,473 | -16% |
| Austin Community College District | $62,261 | $89,915 | +44% |
| Dallas College | $39,308 | $43,760 | +11% |
| Wake Technical Community College | $38,258 | $37,019 | -3% |
| Northwood Technical College | $30,586 | $36,974 | +21% |
Compare to Similar Programs in Minnesota
Accounting certificate's programs at peer institutions in Minnesota (30 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $13,420 | $31,620 | $26,473 | $24,252 | 0.77 | |
| $10,899 | $47,506 | — | $13,047 | 0.27 | |
| National Median | — | $31,684 | — | $13,047 | 0.41 |
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.