Accounting at Muhlenberg College
Bachelor's Degree
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
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)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Muhlenberg College | $68,852 | $77,150 | $27,000 | 0.39 |
| Villanova University | $77,966 | $91,268 | $25,858 | 0.33 |
| Lehigh University | $77,026 | $95,363 | $23,179 | 0.30 |
| Bucknell University | $75,776 | $93,021 | $26,881 | 0.35 |
| University of Scranton | $70,453 | $85,314 | $27,000 | 0.38 |
| Drexel University | $70,069 | $76,765 | $28,832 | 0.41 |
| National Median | $53,694 | — | $25,000 | 0.47 |
Other Accounting Programs in Pennsylvania
Compare tuition, earnings, and debt across Pennsylvania schools
| School | In-State Tuition | Earnings (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.