Analysis
Midwestern State's accounting program produces graduates who earn roughly $4,000 less than the typical Texas accounting graduate, though debt levels remain manageable at $24,900—just slightly above the state median. That 40th percentile state ranking means students here are starting behind most of their in-state peers, including those from much larger public universities where starting salaries often exceed $67,000.
The 24% earnings growth over four years is solid, pushing graduates to $56,290 by year four, but they're still playing catch-up. For context, this program ranks in just the 18th percentile nationally, suggesting that Texas accounting programs generally outperform the national average, and even Midwestern State's middle-of-the-pack Texas standing places it well below the national median of $53,694 initially. The debt-to-earnings ratio of 0.55 is reasonable—graduates should be able to manage their loans—but they're sacrificing roughly $8,000 in annual starting salary compared to peers at UT Austin or Texas A&M.
For families seeking an affordable accounting degree with modest debt, this program delivers exactly that. However, if your child can gain admission to more competitive Texas public universities, the $15,000+ salary difference at graduation could compound significantly over a career. This is a serviceable option for students prioritizing accessibility and reasonable debt, not one for maximizing early-career earning potential.
Where Midwestern State University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Midwestern State University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Midwestern State University | $45,355 | $56,290 | +24% |
| Texas A&M University-College Station | $67,186 | $84,502 | +26% |
| Baylor University | $68,187 | $80,617 | +18% |
| Texas Christian University | $72,031 | $78,532 | +9% |
| The University of Texas at Austin | $68,082 | $78,482 | +15% |
Compare to Similar Programs in Texas
Accounting bachelors's programs at peer institutions in Texas (67 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,310 | $45,355 | $56,290 | $24,900 | 0.55 | |
| $57,220 | $72,031 | $78,532 | $17,778 | 0.25 | |
| $64,460 | $68,643 | $77,801 | $15,850 | 0.23 | |
| $54,844 | $68,187 | $80,617 | $20,500 | 0.30 | |
| $11,678 | $68,082 | $78,482 | $19,462 | 0.29 | |
| $13,099 | $67,186 | $84,502 | $17,641 | 0.26 | |
| 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 Midwestern State University, approximately 40% 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 32 graduates with reported earnings and 35 graduates with debt data. Small samples may not be representative.