Accounting at Michigan State University
Bachelor's Degree
Analysis
Michigan State's accounting program significantly outperforms both state and national benchmarks, with first-year graduates earning $65,965—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 $75,633—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
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Michigan State University graduates compare to all programs nationally
Michigan State University graduates earn $66k, placing them in the 91th percentile of all accounting bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Michigan
Accounting bachelors's programs at peer institutions in Michigan (37 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Michigan State University | $65,965 | $75,633 | $23,250 | 0.35 |
| Aquinas College | $63,311 | — | — | — |
| Central Michigan University | $62,430 | $65,971 | $29,000 | 0.46 |
| Albion College | $62,266 | — | $27,000 | 0.43 |
| Walsh College | $61,960 | $59,351 | $21,587 | 0.35 |
| Hope College | $61,120 | $75,233 | $27,000 | 0.44 |
| National Median | $53,694 | — | $25,000 | 0.47 |
Other Accounting Programs in Michigan
Compare tuition, earnings, and debt across Michigan schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Aquinas College Grand Rapids | $38,520 | $63,311 | — |
| Central Michigan University Mount Pleasant | $14,190 | $62,430 | $29,000 |
| Albion College Albion | $55,746 | $62,266 | $27,000 |
| Walsh College Troy | — | $61,960 | $21,587 |
| Hope College Holland | $40,420 | $61,120 | $27,000 |
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.