Median Earnings (1yr)
$43,520
85th percentile
60th percentile in Minnesota
Median Debt
$22,083
14% above national median

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

School1 Year4 YearsGrowth
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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Anoka-Ramsey Community CollegeCoon Rapids$5,682$43,520$50,060$22,0830.51
North Hennepin Community CollegeBrooklyn Park$5,050$49,685$48,712
Century CollegeWhite Bear Lake$6,182$46,996$42,456
Rasmussen University-MinnesotaSt. Cloud$10,899$43,765$44,358$23,8230.54
Minnesota State Community and Technical CollegeFergus Falls$5,900$39,742$34,414$26,7900.67
Dakota County Technical CollegeRosemount$6,419$37,289$48,370$21,4690.58
National Median$37,000$19,3540.52

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 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.