Accounting at Midwestern State University
Bachelor's Degree
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
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 Midwestern State University graduates compare to all programs nationally
Midwestern State University graduates earn $45k, placing them in the 18th 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 Texas
Accounting bachelors's programs at peer institutions in Texas (67 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Midwestern State University | $45,355 | $56,290 | $24,900 | 0.55 |
| Texas Christian University | $72,031 | $78,532 | $17,778 | 0.25 |
| Southern Methodist University | $68,643 | $77,801 | $15,850 | 0.23 |
| Baylor University | $68,187 | $80,617 | $20,500 | 0.30 |
| The University of Texas at Austin | $68,082 | $78,482 | $19,462 | 0.29 |
| Texas A&M University-College Station | $67,186 | $84,502 | $17,641 | 0.26 |
| National Median | $53,694 | — | $25,000 | 0.47 |
Other Accounting Programs in Texas
Compare tuition, earnings, and debt across Texas schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Texas Christian University Fort Worth | $57,220 | $72,031 | $17,778 |
| Southern Methodist University Dallas | $64,460 | $68,643 | $15,850 |
| Baylor University Waco | $54,844 | $68,187 | $20,500 |
| The University of Texas at Austin Austin | $11,678 | $68,082 | $19,462 |
| Texas A&M University-College Station College Station | $13,099 | $67,186 | $17,641 |
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.