Analysis
Michigan accounting programs show a striking rangeβfrom roughly $53,000 at the median to over $65,000 at Michigan Stateβmaking the estimated outcomes for Olivet's program worth examining carefully. Similar bachelor's programs in Michigan suggest first-year earnings around $53,000, essentially matching both state and national medians. The estimated $27,000 in debt is slightly above Michigan's typical $24,810 but remains manageable at a 0.51 debt-to-earnings ratio, meaning graduates would owe roughly half their first year's salary.
What's less clear is whether Olivet's program can compete with the state's stronger performers. The top five accounting programs in Michigan produce graduates earning $62,000 to $66,000β$10,000 to $13,000 more than what peer programs suggest for Olivet. That earnings gap compounds over a career and makes a meaningful difference in how quickly students can pay down debt and build financial security. With a 97% admission rate and 42% of students on Pell grants, Olivet serves students who may have fewer financial safety nets if outcomes fall short.
The fundamentals here aren't alarmingβthe debt load is reasonable and accounting offers clearer career pathways than many majors. But if your child has options among Michigan's accounting programs, compare the actual reported outcomes from schools like Aquinas or Central Michigan against what Olivet can demonstrate through graduate employment data and CPA pass rates.
Where The University of Olivet Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in Michigan
Accounting bachelors's programs at peer institutions in Michigan (37 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $33,076 | $52,668* | β | $27,000* | β | |
| $15,988 | $65,965* | $75,633 | $23,250* | 0.35 | |
| $38,520 | $63,311* | β | β* | β | |
| $14,190 | $62,430* | $65,971 | $29,000* | 0.46 | |
| $55,746 | $62,266* | β | $27,000* | 0.43 | |
| β | $61,960* | $59,351 | $21,587* | 0.35 | |
| 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 University of Olivet, approximately 42% 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 25 similar programs in MI. Actual outcomes may vary.