Median Earnings (1yr)
$61,529
78th percentile
60th percentile in Iowa
Median Debt
$26,840
7% above national median

Analysis

Wartburg College's accounting program produces graduates who earn $61,529 in their first yearβ€”landing in the 78th percentile nationally and above Iowa's median of $59,252. While not quite matching Drake or Iowa's flagship programs, Wartburg holds its own at 60th percentile statewide, placing just behind established competitors like Loras and Northern Iowa. For a school with a 99% admission rate, these earnings represent solid performance.

The debt picture enhances the value proposition: graduates leave with $26,840 in median debt, yielding a 0.44 debt-to-earnings ratio that's considerably better than the national median. Students can expect to earn more than twice their debt in their first year, and earnings climb another 12% by year four to nearly $69,000. That trajectory matters for accountants building toward CPA certification and more senior roles.

The caveat here is sample sizeβ€”fewer than 30 graduates means one exceptional or struggling cohort can swing these numbers significantly. But the fundamentals check out: manageable debt paired with above-average starting salaries in a profession with clear advancement paths. For Iowa families seeking an accounting degree without gambling on admission to more selective programs, Wartburg delivers measurable results at a reasonable cost.

Where Wartburg College Stands

Earnings vs. debt across all accounting bachelors's programs nationally

Earnings Distribution

How Wartburg College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Wartburg College$61,529$68,921+12%
University of Iowa$65,373$77,201+18%
Drake University$65,922$75,593+15%
Luther College$60,068$74,629+24%
University of Northern Iowa$61,088$71,359+17%

Compare to Similar Programs in Iowa

Accounting bachelors's programs at peer institutions in Iowa (23 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Wartburg CollegeWaverly$51,040$61,529$68,921$26,8400.44
Drake UniversityDes Moines$49,944$65,922$75,593$20,5000.31
University of IowaIowa City$10,964$65,373$77,201$22,5000.34
Loras CollegeDubuque$38,298$61,147$70,373β€”β€”
University of Northern IowaCedar Falls$9,728$61,088$71,359$21,5250.35
Morningside UniversitySioux City$38,190$60,752β€”β€”β€”
National Medianβ€”$53,694β€”$25,0000.47

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 Wartburg College, approximately 21% 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.