Analysis
Michigan Tech's accounting program sits squarely in the middle of the pack—at least based on what comparable Michigan programs suggest. With estimated first-year earnings around $52,700 and debt near $24,800, the debt-to-earnings ratio of 0.47 lands in reasonable territory for an accounting degree. Nationally, this field consistently produces starting salaries in the low-to-mid $50,000s, so these projections align with broader patterns.
The challenge here is opportunity cost. Top accounting programs across Michigan—schools like Michigan State, Central Michigan, and even smaller colleges like Albion—are placing graduates into positions earning $60,000 to $66,000 right out of the gate. That $10,000+ difference matters when you're paying down similar debt loads. Michigan Tech's strength lies in engineering and technical fields, not business disciplines, which may explain why their accounting graduates (based on peer program outcomes) don't command the same premium.
For a student set on accounting, the math works—the debt burden won't be crushing, and the field offers stability. But parents should consider whether their child might access stronger accounting networks and higher starting salaries at institutions where business programs, rather than STEM fields, drive the school's reputation. The 88% admission rate suggests Michigan Tech isn't highly selective for this major, so comparing actual job placement rates and CPA pass rates against competitor schools would reveal whether this program delivers value beyond what the estimated numbers suggest.
Where Michigan 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 |
|---|---|---|---|---|---|
| $18,392 | $52,668* | — | $24,771* | — | |
| $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 Michigan Technological University, approximately 18% 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.