Analysis
Saint Scholastica's accounting program produces graduates who earn about $2,800 less than the typical Minnesota accounting graduateβlanding at the 40th percentile statewide despite performing above the national average. That gap matters in a regional job market where top Minnesota programs like University of Minnesota-Twin Cities and Bethel regularly place graduates at $65,000+. The relatively modest debt load of $22,000 (well below both state and national medians) creates a manageable financial picture, with graduates owing less than 40% of their first-year salary.
The slow earnings trajectory deserves attention: just 4% growth over four years suggests graduates may hit a ceiling quickly or struggle to advance into higher-paying roles. Combined with the below-median state performance, this pattern raises questions about whether the program opens doors to the higher-value accounting positions that drive stronger career growth. The school's 94% admission rate and modest SAT scores may signal that recruiting connections skew toward smaller regional firms rather than the Big Four or corporate finance departments.
With a sample size under 30 graduates, these numbers could shift significantly year to year. The debt advantage is real, but families should weigh whether $6,000 less in loans justifies potentially earning $9,000 less annually than graduates from stronger in-state programsβa gap that compounds quickly over a career.
Where The College of Saint Scholastica Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How The College of Saint Scholastica 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 |
|---|---|---|---|
| The College of Saint Scholastica | $55,688 | $57,746 | +4% |
| 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)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $40,454 | $55,688 | $57,746 | $22,000 | 0.40 | |
| $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 The College of Saint Scholastica, approximately 23% 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 22 graduates with reported earnings and 23 graduates with debt data. Small samples may not be representative.