Median Earnings (1yr)
$57,710
65th percentile (60th in MI)
Median Debt
$27,000
8% above national median
Debt-to-Earnings
0.47
Manageable
Sample Size
21
Limited data

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

Spring Arbor UniversityOther accounting programs

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)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Spring Arbor University$57,710—$27,0000.47
Michigan State University$65,965$75,633$23,2500.35
Aquinas College$63,311———
Central Michigan University$62,430$65,971$29,0000.46
Albion College$62,266—$27,0000.43
Walsh College$61,960$59,351$21,5870.35
National Median$53,694—$25,0000.47

Other Accounting Programs in Michigan

Compare tuition, earnings, and debt across Michigan schools

SchoolIn-State TuitionEarnings (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.