Est. Earnings (1yr)
$52,668
Est. from MI median (25 programs)
Est. Median Debt
$27,000
Est. from MI median (11 programs)

Analysis

Michigan accounting programs show a striking rangeβ€”from roughly $53,000 at the median to over $65,000 at Michigan Stateβ€”making 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 alarmingβ€”the 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)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
The University of OlivetOlivet$33,076$52,668*β€”$27,000*β€”
Michigan State UniversityEast Lansing$15,988$65,965*$75,633$23,250*0.35
Aquinas CollegeGrand Rapids$38,520$63,311*β€”β€”*β€”
Central Michigan UniversityMount Pleasant$14,190$62,430*$65,971$29,000*0.46
Albion CollegeAlbion$55,746$62,266*β€”$27,000*0.43
Walsh CollegeTroyβ€”$61,960*$59,351$21,587*0.35
National Medianβ€”$53,694*β€”$25,000*0.47
* Estimated from similar programs

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
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.