Analysis
With $27,000 in estimated debt against first-year earnings around $52,700, Madonna's accounting program tracks closely with both Michigan and national norms for this degree. Based on comparable programs statewide, the debt-to-earnings ratio of 0.51 sits in manageable territory—slightly above the national median debt of $25,000, but paired with earnings that meet typical expectations for accounting graduates.
The challenge lies in context: Michigan's accounting landscape shows significant variance in outcomes. Top programs in the state produce graduates earning $62,000 to $66,000 in their first year—roughly $10,000 more than what similar programs to Madonna's suggest. For an accounting degree, where certification paths and employer networks matter considerably, that gap isn't trivial over a career trajectory. The 93% admission rate and modest test scores indicate Madonna serves a different student population than Michigan State or Central Michigan, but those same students could potentially access stronger accounting programs elsewhere in the state.
Your child could reasonably pay off this estimated debt load on typical accounting salaries, assuming the actual outcomes align with state peers. But before committing, compare financial aid packages from Michigan's higher-earning accounting programs—many accept similar student profiles and could deliver meaningfully better return on investment in a field where starting salary strongly influences long-term earnings potential.
Where Madonna 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 |
|---|---|---|---|---|---|
| $27,360 | $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 Madonna University, approximately 30% 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.