Median Earnings (1yr)
$68,852
95th percentile
60th percentile in Pennsylvania
Median Debt
$27,000
8% above national median

Analysis

Muhlenberg's accounting graduates start at nearly $69,000β€”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 salaryβ€”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

Earnings Distribution

How Muhlenberg College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Muhlenberg College$68,852$77,150+12%
Lehigh University$77,026$95,363+24%
Bucknell University$75,776$93,021+23%
Villanova University$77,966$91,268+17%
University of Scranton$70,453$85,314+21%

Compare to Similar Programs in Pennsylvania

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

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Muhlenberg CollegeAllentown$60,240$68,852$77,150$27,0000.39
Villanova UniversityVillanova$64,701$77,966$91,268$25,8580.33
Lehigh UniversityBethlehem$62,180$77,026$95,363$23,1790.30
Bucknell UniversityLewisburg$64,772$75,776$93,021$26,8810.35
University of ScrantonScranton$52,309$70,453$85,314$27,0000.38
Drexel UniversityPhiladelphia$60,663$70,069$76,765$28,8320.41
National Medianβ€”$53,694β€”$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 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.