Median Earnings (1yr)
$68,852
95th percentile (60th in PA)
Median Debt
$27,000
8% above national median
Debt-to-Earnings
0.39
Manageable
Sample Size
21
Limited data

Analysis

Muhlenberg's accounting graduates start at nearly $69,000—placing this program in the 95th percentile nationally but the 60th percentile among Pennsylvania's many accounting programs. That gap tells an important story: Pennsylvania has an unusually strong concentration of accounting programs, with schools like Villanova and Lehigh pushing starting salaries above $77,000. Still, Muhlenberg's outcomes substantially exceed both national and state medians, and the $27,000 debt load is perfectly average for Pennsylvania accounting programs.

The economics here work well. With a debt-to-earnings ratio of 0.39, graduates owe roughly five months of their first-year salary—a manageable burden that allows for aggressive debt repayment. Earnings grow steadily to $77,150 by year four, narrowing the gap with the state's elite programs. For a school with a 64% admission rate, these outcomes punch above their weight.

The main caveat is sample size: fewer than 30 graduates reported data, so individual outliers could skew these numbers significantly. But if you're comparing Muhlenberg to regional competitors outside the Villanova-Lehigh tier, this program delivers solid return on investment. The combination of below-average debt and well-above-average earnings creates a low-risk path into accounting, even if it doesn't quite match Pennsylvania's top-tier programs.

Where Muhlenberg College Stands

Earnings vs. debt across all accounting bachelors's programs nationally

Muhlenberg CollegeOther accounting programs

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 Muhlenberg College graduates compare to all programs nationally

Muhlenberg College graduates earn $69k, placing them in the 95th 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 Pennsylvania

Accounting bachelors's programs at peer institutions in Pennsylvania (76 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Muhlenberg College$68,852$77,150$27,0000.39
Villanova University$77,966$91,268$25,8580.33
Lehigh University$77,026$95,363$23,1790.30
Bucknell University$75,776$93,021$26,8810.35
University of Scranton$70,453$85,314$27,0000.38
Drexel University$70,069$76,765$28,8320.41
National Median$53,694$25,0000.47

Other Accounting Programs in Pennsylvania

Compare tuition, earnings, and debt across Pennsylvania schools

SchoolIn-State TuitionEarnings (1yr)Debt
Villanova University
Villanova
$64,701$77,966$25,858
Lehigh University
Bethlehem
$62,180$77,026$23,179
Bucknell University
Lewisburg
$64,772$75,776$26,881
University of Scranton
Scranton
$52,309$70,453$27,000
Drexel University
Philadelphia
$60,663$70,069$28,832

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 Muhlenberg College, approximately 21% 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 21 graduates with reported earnings and 21 graduates with debt data. Small samples may not be representative.