Median Earnings (1yr)
$65,965
91st percentile
80th percentile in Michigan
Median Debt
$23,250
7% below national median

Analysis

Michigan State's accounting program significantly outperforms both state and national benchmarks, with first-year graduates earning $65,965β€”over $13,000 more than the Michigan median and ranking in the 80th percentile among the state's 37 accounting programs. While a handful of smaller private colleges edge slightly higher in earnings, MSU delivers comparable outcomes with notably lower barriers to entry (84% admission rate versus highly selective competitors) and a more manageable debt load of $23,250, resulting in a healthy 0.35 debt-to-earnings ratio.

The 15% earnings growth trajectory through year four is steady if unspectacular, reaching $75,633β€”still well above what most Michigan accounting programs produce. At a large public university, your student also benefits from stronger alumni networks and Big Four accounting firm recruiting pipelines that smaller institutions simply can't match, even if their salary numbers look competitive on paper.

For in-state families, this represents one of the best accounting education values in Michigan: top-quintile earnings outcomes without the selectivity gauntlet or premium price tag of private alternatives. The moderate debt burden means your graduate could realistically pursue their CPA license without financial strain, and the strong starting salary provides immediate career momentum in either public accounting or corporate finance roles.

Where Michigan State University Stands

Earnings vs. debt across all accounting bachelors's programs nationally

Earnings Distribution

How Michigan State University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Michigan State University$65,965$75,633+15%
Hope College$61,120$75,233+23%
Calvin University$48,637$70,257+44%
Oakland University$59,833$69,885+17%
Concordia University Ann Arbor$51,908$67,933+31%

Compare to Similar Programs in Michigan

Accounting bachelors's programs at peer institutions in Michigan (37 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Michigan State UniversityEast Lansing$15,988$65,965$75,633$23,2500.35
Aquinas CollegeGrand Rapids$38,520$63,311β€”β€”β€”
Central Michigan UniversityMount Pleasant$14,190$62,430$65,971$29,0000.46
Albion CollegeAlbion$55,746$62,266β€”$27,0000.43
Walsh CollegeTroyβ€”$61,960$59,351$21,5870.35
Hope CollegeHolland$40,420$61,120$75,233$27,0000.44
National Medianβ€”$53,694β€”$25,0000.47

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
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 Michigan State University, approximately 20% 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.

Sample Size: Based on 88 graduates with reported earnings and 167 graduates with debt data. Small samples may not be representative.