Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs β see details below.
Analysis
Based on comparable accounting programs in Minnesota, Southwest Minnesota State positions graduates for solid mid-tier outcomes in the state's accounting market. The estimated $58,472 first-year salary matches the state median exactly and exceeds the national benchmark by nearly $5,000, while estimated debt of $26,621 creates a manageable debt-to-earnings ratio under 0.5βmeaning graduates would owe less than half their first-year salary.
The four-year earnings figure of $65,096 shows meaningful progression and puts graduates within striking distance of outputs from Minnesota's most prestigious programs, which cluster tightly in the $64,000-$66,000 range. This suggests that starting slightly below the elite programs doesn't necessarily mean long-term disadvantage in accounting, where professional credentials and experience often matter more than institutional pedigree.
For a family considering this program, the financial fundamentals look reasonable if the estimates hold true. The real question is whether Southwest Minnesota State's less selective admissions (69% acceptance rate, 1020 SAT average) translates to adequate preparation for accounting's professional demands, particularly CPA exam passage ratesβdata that would help validate whether this program delivers outcomes similar to its Minnesota peers or falls short despite comparable cost structures.
Where Southwest Minnesota State University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Southwest Minnesota State University | β | $65,096 | β |
| 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 |
|---|---|---|---|---|---|
| $10,304 | $58,472* | $65,096 | $26,621* | β | |
| $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 Southwest Minnesota State University, approximately 11% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 24 similar programs in MN. Actual outcomes may vary.