Median Earnings (1yr)
$58,497
68th percentile
60th percentile in Minnesota
Median Debt
$27,175
9% above national median

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 loansβ€”a 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 tuitionβ€”a 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

School1 Year4 YearsGrowth
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)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Saint Cloud State UniversitySaint Cloud$10,117$58,497$63,825$27,1750.46
University of Minnesota-Twin CitiesMinneapolis$16,488$66,591$80,603$22,3420.34
Bethel UniversitySaint Paul$42,930$65,587β€”β€”β€”
University of St ThomasSaint Paul$52,284$65,573$70,313$25,0000.38
Augsburg UniversityMinneapolis$43,942$64,695$69,716$26,9960.42
College of Saint BenedictSaint Joseph$53,884$64,410$66,880$26,9250.42
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 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.