Analysis
Saint John's accounting graduates earn $61,135 in their first year—solidly above both the national median ($53,694) and Minnesota's state median ($58,472), though not quite matching the state's top programs like University of Minnesota ($66,591) or University of St Thomas ($65,573). The 60th percentile ranking among Minnesota accounting programs means you're getting above-average outcomes, just not elite-tier results. Four years out, earnings climb to $74,757, showing the program sets graduates up for healthy career progression rather than just a strong starting salary.
The financial equation works in your favor here. At $27,000 in debt—right at Minnesota's median but below the national average—graduates owe less than half their first-year salary. This 0.44 debt-to-earnings ratio is better than most accounting programs nationwide, landing in the 25th percentile for debt burden. Put simply: your child will start earning well and won't be crushed by loan payments while doing it.
Saint John's delivers what you'd hope for from a moderately selective liberal arts college: strong fundamentals that translate into solid accounting careers, without the premium price tag of Minnesota's most expensive options. If your child prefers a smaller campus environment over a large state university, the slightly lower starting salary compared to U of M is offset by comparable debt levels, making this a financially sensible choice.
Where Saint Johns University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Saint Johns 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 Johns University | $61,135 | $74,757 | +22% |
| University of Minnesota-Twin Cities | $66,591 | $80,603 | +21% |
| Gustavus Adolphus College | $64,094 | $73,508 | +15% |
| University of St Thomas | $65,573 | $70,313 | +7% |
| Augsburg University | $64,695 | $69,716 | +8% |
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 |
|---|---|---|---|---|---|
| $53,942 | $61,135 | $74,757 | $27,000 | 0.44 | |
| $16,488 | $66,591 | $80,603 | $22,342 | 0.34 | |
| $42,930 | $65,587 | — | — | — | |
| $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 | — | $53,694 | — | $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 Johns University, approximately 18% 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 78 graduates with reported earnings and 79 graduates with debt data. Small samples may not be representative.