Analysis
At first glance, Nichols College's accounting program looks reasonableβgraduates earn the national median and carry manageable debt. But here's what matters for Massachusetts families: those starting salaries trail the state median by $11,500, landing this program in just the 25th percentile among Bay State accounting programs. That's a significant gap when you're competing for jobs alongside graduates from UMass-Amherst ($67,574) or the state's many other accounting programs that cluster well above $65,000.
The debt picture of $25,858 is fair, and the 24% earnings growth over four years suggests graduates do gain ground. However, the small sample size (under 30 graduates) means these numbers could swing considerably year to year. For a profession where credentials and early earnings trajectories typically align closely, this variability is worth noting.
For parents weighing this investment, the question is whether Nichols' accessible admissions (88% acceptance rate) and presumably supportive environment justify starting $11,500 behind the Massachusetts norm. If your child needs a less competitive entry point into accounting, this program delivers employability with reasonable debt. But if they can gain admission to UMass or similar programs, the higher starting salary would likely offset any difference in cost within the first year or two of work.
Where Nichols College Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Nichols College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Nichols College | $53,761 | $66,597 | +24% |
| Boston College | $75,512 | $98,724 | +31% |
| University of Massachusetts-Amherst | $67,574 | $85,464 | +26% |
| Stonehill College | $67,512 | $84,545 | +25% |
| Bentley University | $72,823 | $83,486 | +15% |
Compare to Similar Programs in Massachusetts
Accounting bachelors's programs at peer institutions in Massachusetts (26 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $40,375 | $53,761 | $66,597 | $25,858 | 0.48 | |
| $67,680 | $75,512 | $98,724 | $18,000 | 0.24 | |
| $60,850 | $73,234 | β | $27,000 | 0.37 | |
| $58,150 | $72,823 | $83,486 | $27,000 | 0.37 | |
| $39,212 | $68,483 | $78,896 | β | β | |
| $17,357 | $67,574 | $85,464 | $23,250 | 0.34 | |
| 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 Nichols College, approximately 30% 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 25 graduates with reported earnings and 38 graduates with debt data. Small samples may not be representative.