Est. Earnings (1yr)
$52,668
Est. from MI median (25 programs)
Est. Median Debt
$24,771
Est. from MI median (13 programs)

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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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Michigan Technological UniversityHoughton$18,392$52,668*$24,771*
Michigan State UniversityEast Lansing$15,988$65,965*$75,633$23,250*0.35
Aquinas CollegeGrand Rapids$38,520$63,311**
Central Michigan UniversityMount Pleasant$14,190$62,430*$65,971$29,000*0.46
Albion CollegeAlbion$55,746$62,266*$27,000*0.43
Walsh CollegeTroy$61,960*$59,351$21,587*0.35
National Median$53,694*$25,000*0.47
* Estimated from similar programs

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 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.