Analysis
University of St. Thomas graduates start at $65,573β12% above the state median and 22% above the national average for accounting majors. Within Minnesota, this places the program in the 60th percentile, essentially tied with Bethel University and just behind the University of Minnesota-Twin Cities. For a school with an 85% admission rate, these outcomes punch above their weight class, suggesting strong employer connections in the Twin Cities market.
The $25,000 median debt sits right at the national average, creating a healthy 0.38 debt-to-earnings ratio that graduates can realistically manage. First-year earnings cover the debt load 2.6 times over, well above the 1.5x threshold where borrowers typically feel stretched. Earnings grow to over $70,000 by year four, though the 7% increase is modest compared to what some accounting careers deliverβthis could reflect graduates entering corporate accounting roles rather than pursuing their CPA licenses.
The moderate sample size (30-100 graduates) adds some uncertainty to these figures, but the consistency with peer institutions like Bethel and Augsburg suggests the data is reliable. For Minnesota families, St. Thomas offers a clear path to solid accounting employment without the sticker shock of a low-admit school, making it a financially sensible choice for students targeting the Twin Cities job market.
Where University of St Thomas Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How University of St Thomas 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 |
|---|---|---|---|
| University of St Thomas | $65,573 | $70,313 | +7% |
| 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% |
| Augsburg University | $64,695 | $69,716 | +8% |
Compare to Similar Programs in Minnesota
Accounting bachelors's programs at peer institutions in Minnesota (31 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $52,284 | $65,573 | $70,313 | $25,000 | 0.38 | |
| $16,488 | $66,591 | $80,603 | $22,342 | 0.34 | |
| $42,930 | $65,587 | β | β | β | |
| $43,942 | $64,695 | $69,716 | $26,996 | 0.42 | |
| $53,884 | $64,410 | $66,880 | $26,925 | 0.42 | |
| $54,310 | $64,094 | $73,508 | $26,959 | 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 University of St Thomas, approximately 20% 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 86 graduates with reported earnings and 97 graduates with debt data. Small samples may not be representative.