Analysis
Saint Mary's accounting graduates earn $71,234 their first year outβnearly $20,000 above the national median and competitive with much larger Indiana programs. While Notre Dame edges ahead by about $5,600, Saint Mary's significantly outperforms Purdue and other state options. The $27,000 median debt sits just above average but translates to a very manageable 0.38 debt-to-earnings ratio, meaning graduates owe roughly five months of their first-year salary.
The 60th percentile ranking within Indiana deserves context: this places Saint Mary's in the upper half of 33 in-state programs, though the small sample size (under 30 recent graduates) means these figures could shift year to year. What's harder to dismiss is the 95th percentile national rankingβaccounting graduates here are doing better than nearly all their peers across the country, despite Saint Mary's 81% admission rate suggesting it's not competing on selectivity.
For families considering accounting programs in Indiana, Saint Mary's offers strong earning potential at a reasonable debt load. The numbers suggest the program delivers career outcomes that rival more selective institutions, though parents should verify that recent trends hold steady given the limited graduate data.
Where Saint Mary's College Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Saint Mary's College graduates compare to all programs nationally
Compare to Similar Programs in Indiana
Accounting bachelors's programs at peer institutions in Indiana (33 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $51,430 | $71,234 | β | $27,000 | 0.38 | |
| $62,693 | $76,878 | $89,081 | $19,000 | 0.25 | |
| $9,992 | $63,021 | $74,894 | $19,500 | 0.31 | |
| $9,900 | $62,287 | $52,151 | $29,048 | 0.47 | |
| $30,446 | $62,287 | $52,151 | $29,048 | 0.47 | |
| $39,104 | $61,164 | β | β | β | |
| 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 Mary's College, approximately 24% 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 19 graduates with reported earnings and 19 graduates with debt data. Small samples may not be representative.