Median Earnings (1yr)
$53,761
50th percentile
25th percentile in Massachusetts
Median Debt
$25,858
3% above national median

Analysis

At first glance, Nichols College's accounting program looks reasonableβ€”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

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

School1 Year4 YearsGrowth
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)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Nichols CollegeDudley$40,375$53,761$66,597$25,8580.48
Boston CollegeChestnut Hill$67,680$75,512$98,724$18,0000.24
College of the Holy CrossWorcester$60,850$73,234β€”$27,0000.37
Bentley UniversityWaltham$58,150$72,823$83,486$27,0000.37
Endicott CollegeBeverly$39,212$68,483$78,896β€”β€”
University of Massachusetts-AmherstAmherst$17,357$67,574$85,464$23,2500.34
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 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.