Accounting at Nichols College
Bachelor's Degree
Analysis
At first glance, Nichols College's accounting program looks reasonable—graduates 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
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 Nichols College graduates compare to all programs nationally
Nichols College graduates earn $54k, placing them in the 50th 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 Massachusetts
Accounting bachelors's programs at peer institutions in Massachusetts (26 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Nichols College | $53,761 | $66,597 | $25,858 | 0.48 |
| Boston College | $75,512 | $98,724 | $18,000 | 0.24 |
| College of the Holy Cross | $73,234 | — | $27,000 | 0.37 |
| Bentley University | $72,823 | $83,486 | $27,000 | 0.37 |
| Endicott College | $68,483 | $78,896 | — | — |
| University of Massachusetts-Amherst | $67,574 | $85,464 | $23,250 | 0.34 |
| National Median | $53,694 | — | $25,000 | 0.47 |
Other Accounting Programs in Massachusetts
Compare tuition, earnings, and debt across Massachusetts schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Boston College Chestnut Hill | $67,680 | $75,512 | $18,000 |
| College of the Holy Cross Worcester | $60,850 | $73,234 | $27,000 |
| Bentley University Waltham | $58,150 | $72,823 | $27,000 |
| Endicott College Beverly | $39,212 | $68,483 | — |
| University of Massachusetts-Amherst Amherst | $17,357 | $67,574 | $23,250 |
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.