Analysis
Similar Accounting associate programs in Michigan suggest first-year earnings around $36,000—right in line with both state and national medians for this credential. With estimated debt of $13,248, graduates would face monthly payments of roughly $150 on a standard 10-year plan, consuming about 5% of gross monthly income. This debt load sits well below what peer programs typically produce ($18,000-$19,000 nationally), which matters when starting salaries in accounting rarely exceed $40,000 at this level.
Michigan's community colleges show consistent outcomes for accounting associates—programs at Oakland, Grand Rapids, and Baker all cluster in the $35,000-$40,000 range. What's less clear without school-specific data is how well Alpena's curriculum translates to job placement in a smaller market. Rural community colleges sometimes face challenges connecting graduates with employers, particularly in fields like accounting where opportunities concentrate in larger metro areas.
The estimated debt-to-earnings ratio of 0.37 suggests manageable borrowing if those peer-program figures hold true. For families weighing this option, the key question isn't whether the numbers pencil out—they do—but whether Alpena can deliver similar employment outcomes given its location. Request placement rates and employer connections before committing.
Where Alpena Community College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Michigan
Accounting associates's programs at peer institutions in Michigan (35 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $5,130 | $36,181* | — | $13,248* | — | |
| $3,020 | $40,424* | $46,109 | $21,496* | 0.53 | |
| $12,810 | $36,181* | $38,187 | $26,067* | 0.72 | |
| $4,059 | $35,538* | $42,721 | $12,750* | 0.36 | |
| National Median | — | $37,000* | — | $19,354* | 0.52 |
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 Alpena Community 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.
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 3 similar programs in MI. Actual outcomes may vary.