Analysis
Saint Mary's accounting graduates start below Minnesota's median for the fieldβ$54,833 versus $58,472 statewideβwhich places them in just the 40th percentile among Minnesota programs. That's a notable gap when you consider the top accounting programs in the state launch graduates at $64,000-$66,000. The small sample size (under 30 graduates) means these figures could shift significantly year to year, but the pattern suggests this program struggles to compete with larger Minnesota institutions for starting salaries.
The debt picture offers some reassurance: $27,000 is nearly identical to the state median and creates a manageable 0.49 debt-to-earnings ratio. Graduates aren't overleveraged, and the 14% earnings bump to $62,214 by year four shows reasonable growth. However, even with that improvement, these accountants remain below what many of their peers earned right out of college at schools like St. Thomas or Bethel.
For families prioritizing accounting specifically and considering Minnesota schools, the numbers suggest looking elsewhere unless there are compelling non-financial reasons to choose Saint Mary's. The program's graduates can service their debt, but they're starting several thousand dollars behindβa gap that compounds over a career. With Minnesota offering 31 accounting programs and several delivering substantially stronger outcomes, this shouldn't be your default choice based solely on financial returns.
Where Saint Mary's University of Minnesota Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Saint Mary's University of Minnesota 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 Mary's University of Minnesota | $54,833 | $62,214 | +13% |
| 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
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $43,160 | $54,833 | $62,214 | $27,000 | 0.49 | |
| $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 Mary's University of Minnesota, approximately 22% 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 23 graduates with reported earnings and 26 graduates with debt data. Small samples may not be representative.