Analysis
Saint Cloud State's accounting program offers something increasingly rare: slightly above-average outcomes at below-average cost. With first-year earnings of $58,497 and just $27,175 in debt, graduates carry less than half a year's salary in loansβa manageable burden that leaves room for building wealth early in their careers. The program performs solidly within Minnesota, landing at the 60th percentile among 31 in-state options, which matters since most students will work locally after graduation.
The 9% earnings growth to $63,825 by year four isn't dramatic, but it's steady and reflects typical accounting career progression as professionals gain their CPA and move beyond entry-level roles. While the program trails Minnesota's elite private schools by $2,000-8,000 in first-year earnings, it also likely costs far less in tuitionβa calculation that works in Saint Cloud's favor when you factor in the reasonable debt load. At 68th percentile nationally, this program outperforms most accounting degrees across the country.
For families seeking a practical accounting credential without gambling on excessive debt, Saint Cloud State delivers exactly what it promises. The 95% admission rate means access isn't a barrier, and the outcomes suggest the program prepares students adequately for Minnesota's accounting job market. This is a sensible choice for students committed to accounting who want to graduate with financial flexibility intact.
Where Saint Cloud State University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Saint Cloud State University 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 |
|---|---|---|---|
| Saint Cloud State University | $58,497 | $63,825 | +9% |
| University of Minnesota-Twin Cities | $66,591 | $80,603 | +21% |
| Saint Johns University | $61,135 | $74,757 | +22% |
| Gustavus Adolphus College | $64,094 | $73,508 | +15% |
| University of St Thomas | $65,573 | $70,313 | +7% |
Compare to Similar Programs in Minnesota
Accounting bachelors's programs at peer institutions in Minnesota (31 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,117 | $58,497 | $63,825 | $27,175 | 0.46 | |
| $16,488 | $66,591 | $80,603 | $22,342 | 0.34 | |
| $42,930 | $65,587 | β | β | β | |
| $52,284 | $65,573 | $70,313 | $25,000 | 0.38 | |
| $43,942 | $64,695 | $69,716 | $26,996 | 0.42 | |
| $53,884 | $64,410 | $66,880 | $26,925 | 0.42 | |
| 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 Saint Cloud State University, approximately 20% 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 66 graduates with reported earnings and 68 graduates with debt data. Small samples may not be representative.