Analysis
Michigan accounting graduates from peer institutions typically earn around $53,000 in their first year—putting Lawrence Tech's estimated outcomes right in line with state norms and just below the national median of $53,694. The estimated $27,000 debt load yields a 0.51 debt-to-earnings ratio, meaning roughly half a year's salary to repay loans. That's manageable for an accounting degree, which tends to offer steady employment and clear advancement paths.
What's harder to ignore is the gap between these estimated figures and what top Michigan accounting programs actually report. Michigan State ($65,965), Aquinas ($63,311), and Central Michigan ($62,430) all place their graduates $10,000-$13,000 higher in first-year earnings. That difference compounds over a career. If Lawrence Tech's actual outcomes track closer to these stronger programs—which we can't know from available data—the value proposition improves considerably. If they don't, you're paying private school tuition (only 17% of students receive Pell grants, suggesting higher costs) for middle-of-the-road results.
For accounting specifically, where credentials like the CPA exam matter more than pedigree, the debt level isn't alarming. But before committing, verify the actual placement rates and starting salaries directly with the school's career services office. Ask specifically about Big Four accounting firm placements and CPA pass rates—those numbers will tell you whether this program delivers competitive outcomes or simply adequate ones.
Where Lawrence Technological University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in Michigan
Accounting bachelors's programs at peer institutions in Michigan (37 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $41,872 | $52,668* | — | $27,000* | — | |
| $15,988 | $65,965* | $75,633 | $23,250* | 0.35 | |
| $38,520 | $63,311* | — | —* | — | |
| $14,190 | $62,430* | $65,971 | $29,000* | 0.46 | |
| $55,746 | $62,266* | — | $27,000* | 0.43 | |
| — | $61,960* | $59,351 | $21,587* | 0.35 | |
| 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 Lawrence Technological University, approximately 17% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 25 similar programs in MI. Actual outcomes may vary.