Accounting at Spring Arbor University
Bachelor's Degree
Analysis
Spring Arbor's accounting graduates start at $57,710—outperforming the typical Michigan accounting program by nearly $5,000 and landing in the 60th percentile statewide. That's solid positioning for a mid-sized private university, though graduates still trail the state's top programs by roughly $5,000-$8,000. The $27,000 in median debt sits just above state and national averages, but the resulting debt-to-earnings ratio of 0.47 means graduates can realistically pay this off within a year or two of focused repayment.
The key caveat here is sample size—with fewer than 30 graduates reporting data, a few outliers could skew these figures significantly. That said, the debt levels align with what you'd expect from a private university, and the earnings suggest the program maintains solid employer connections within Michigan's accounting market.
For parents weighing options, this represents a reasonable middle ground: better-than-average starting salaries without the debt burden that sometimes comes with private institutions. If your child prefers smaller class sizes and a faith-based environment, these outcomes justify the investment. But if they're purely focused on maximizing starting salary, in-state options like Michigan State or Central Michigan deliver stronger initial returns.
Where Spring Arbor University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Spring Arbor University graduates compare to all programs nationally
Spring Arbor University graduates earn $58k, placing them in the 65th percentile of all accounting bachelors programs nationally.
Compare to Similar Programs in Michigan
Accounting bachelors's programs at peer institutions in Michigan (37 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Spring Arbor University | $57,710 | — | $27,000 | 0.47 |
| Michigan State University | $65,965 | $75,633 | $23,250 | 0.35 |
| Aquinas College | $63,311 | — | — | — |
| Central Michigan University | $62,430 | $65,971 | $29,000 | 0.46 |
| Albion College | $62,266 | — | $27,000 | 0.43 |
| Walsh College | $61,960 | $59,351 | $21,587 | 0.35 |
| National Median | $53,694 | — | $25,000 | 0.47 |
Other Accounting Programs in Michigan
Compare tuition, earnings, and debt across Michigan schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Michigan State University East Lansing | $15,988 | $65,965 | $23,250 |
| Aquinas College Grand Rapids | $38,520 | $63,311 | — |
| Central Michigan University Mount Pleasant | $14,190 | $62,430 | $29,000 |
| Albion College Albion | $55,746 | $62,266 | $27,000 |
| Walsh College Troy | — | $61,960 | $21,587 |
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 Spring Arbor University, approximately 26% 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.