Analysis
Morningside's accounting graduates earn $60,752 in their first yearβa solid outcome that ranks in the 76th percentile nationally and places the program in the middle tier of Iowa's accounting offerings. While Drake and Iowa's flagship produce slightly higher earners around $65,000-$66,000, Morningside's performance puts it neck-and-neck with established programs like Wartburg and UNI, suggesting students here are getting comparable preparation for entry-level accounting roles.
The estimated debt load of $27,000, based on comparable programs at Morningside, translates to a debt-to-earnings ratio of 0.44βwell within manageable territory for an accounting degree. Similar programs in Iowa typically carry about $26,920 in debt, so these figures align with state norms. For a field where early earnings are strong and career progression is reliable, this level of borrowing shouldn't create undue financial strain, particularly given accounting's stable employment outlook.
The practical math works: at $60,750 in first-year earnings and estimated debt around $27,000, graduates should be able to handle loan payments while building toward higher earnings. Morningside's accounting program appears to deliver competitive results without the premium price tag of Drake, though families should verify actual costs and aid packages since the debt figure is estimated from peer programs rather than reported outcomes specific to this school.
Where Morningside University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Morningside University graduates compare to all programs nationally
Compare to Similar Programs in Iowa
Accounting bachelors's programs at peer institutions in Iowa (23 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $38,190 | $60,752 | β | $27,000* | β | |
| $49,944 | $65,922 | $75,593 | $20,500* | 0.31 | |
| $10,964 | $65,373 | $77,201 | $22,500* | 0.34 | |
| $51,040 | $61,529 | $68,921 | $26,840* | 0.44 | |
| $38,298 | $61,147 | $70,373 | β* | β | |
| $9,728 | $61,088 | $71,359 | $21,525* | 0.35 | |
| National Median | β | $53,694 | β | $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 Morningside University, approximately 32% 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 17 graduates with reported earnings and 14 graduates with debt data. Small samples may not be representative.