Analysis
Anoka-Ramsey's accounting associate program graduates earn $43,520 in their first year—enough to outpace 85% of similar programs nationally, though it lands closer to the middle of Minnesota's competitive accounting landscape. The debt load of $22,083 translates to about six months of first-year earnings, a manageable burden that graduates can realistically tackle while seeing their salaries grow to $50,060 by year four. That 15% earnings trajectory suggests this credential opens doors to steady advancement rather than dead-end bookkeeping roles.
The catch? These numbers come from a small graduating class, so your child's experience could vary more than at larger programs. Within Minnesota, this program sits at the 60th percentile—respectable but not exceptional. Schools like North Hennepin and Century College place graduates into jobs paying $6,000-$8,000 more annually, which over a career compounds significantly. Still, Anoka-Ramsey costs less in both tuition and debt than many alternatives, and the debt-to-earnings ratio is actually better than the national median for this credential.
For a student who needs an affordable on-ramp to accounting careers and plans to stay in the Twin Cities metro area, this program delivers solid value. The earnings support a middle-class lifestyle from day one, and the debt won't become a long-term albatross. Just know that stronger in-state options exist if your child can access them.
Where Anoka-Ramsey Community College Stands
Earnings vs. debt across all accounting associates's programs nationally
Earnings Distribution
How Anoka-Ramsey Community College 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 |
|---|---|---|---|
| Anoka-Ramsey Community College | $43,520 | $50,060 | +15% |
| North Hennepin Community College | $49,685 | $48,712 | -2% |
| Dakota County Technical College | $37,289 | $48,370 | +30% |
| Rasmussen University-Minnesota | $43,765 | $44,358 | +1% |
| Century College | $46,996 | $42,456 | -10% |
Compare to Similar Programs in Minnesota
Accounting associates's programs at peer institutions in Minnesota (28 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $5,682 | $43,520 | $50,060 | $22,083 | 0.51 | |
| $5,050 | $49,685 | $48,712 | — | — | |
| $6,182 | $46,996 | $42,456 | — | — | |
| $10,899 | $43,765 | $44,358 | $23,823 | 0.54 | |
| $5,900 | $39,742 | $34,414 | $26,790 | 0.67 | |
| $6,419 | $37,289 | $48,370 | $21,469 | 0.58 | |
| 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 Anoka-Ramsey Community College, 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 27 graduates with reported earnings and 32 graduates with debt data. Small samples may not be representative.