Median Earnings (1yr)
$45,355
18th percentile
40th percentile in Texas
Median Debt
$24,900
At national median

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

School1 Year4 YearsGrowth
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)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Midwestern State UniversityWichita Falls$10,310$45,355$56,290$24,9000.55
Texas Christian UniversityFort Worth$57,220$72,031$78,532$17,7780.25
Southern Methodist UniversityDallas$64,460$68,643$77,801$15,8500.23
Baylor UniversityWaco$54,844$68,187$80,617$20,5000.30
The University of Texas at AustinAustin$11,678$68,082$78,482$19,4620.29
Texas A&M University-College StationCollege Station$13,099$67,186$84,502$17,6410.26
National Median$53,694$25,0000.47

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 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.