Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs — see details below.
Analysis
Massachusetts accounting programs cluster tightly in a competitive range, and Merrimack appears positioned right in the middle based on comparable programs statewide. The estimated first-year earnings of $65,304 match the state median exactly, while projected debt of roughly $27,000 falls in line with what other Massachusetts schools typically see. This puts the program well ahead of the national benchmark ($53,694), though trailing the state's elite options like Boston College and Bentley by $7,000-$10,000 annually.
The debt-to-earnings ratio of 0.41 suggests manageable repayment—similar programs produce monthly loan payments around $300, which is reasonable on an accounting salary. What's harder to gauge is whether Merrimack's specific accounting program delivers the networking access and recruiting relationships that drive higher starting salaries at peer schools. The 74% admission rate indicates this isn't as selective as the top-tier programs, which could matter in competitive Big Four recruiting.
The bottom line: If your child is paying near the estimated debt load, this looks like a solid middle-market option for accounting in Massachusetts. The question is whether spending slightly more to attend a school with confirmed higher earnings—like UMass Amherst at $67,574 with likely lower debt—might offer better value, especially if your child wants access to the most competitive firms.
Where Merrimack College Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in Massachusetts
Accounting bachelors's programs at peer institutions in Massachusetts (26 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $51,786 | $65,304* | — | $26,966* | — | |
| $67,680 | $75,512* | $98,724 | $18,000* | 0.24 | |
| $60,850 | $73,234* | — | $27,000* | 0.37 | |
| $58,150 | $72,823* | $83,486 | $27,000* | 0.37 | |
| $39,212 | $68,483* | $78,896 | —* | — | |
| $17,357 | $67,574* | $85,464 | $23,250* | 0.34 | |
| 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 Merrimack College, approximately 15% 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 14 similar programs in MA. Actual outcomes may vary.