Analysis
The median debt-to-earnings ratio of 0.49 across comparable Minnesota associate programs tells a reassuring story—graduates typically earn nearly twice what they borrow. While Anoka Technical College's specific outcomes remain unpublished due to small graduate samples, similar accounting programs in the state suggest first-year earnings around $43,520 against roughly $21,500 in debt. That puts the program right at Minnesota's median for this field, though notably below what nearby North Hennepin and Century College graduates report earning.
What matters most here is context: this estimated earnings figure already exceeds the national median for associate-level accounting programs by $6,500. Minnesota's accounting job market appears stronger than most states, and peer programs consistently produce outcomes above the national benchmark. The debt load, while not trivial, remains manageable relative to earning potential—graduates would typically spend less than half their annual salary paying off loans.
The bigger question is progression. An associate degree in accounting opens doors to bookkeeping and junior accounting roles, but CPA licensure and higher-level positions require a bachelor's. If your child plans to stop at the associate level and enter the workforce immediately, these figures suggest solid near-term value. If they'll need another degree anyway, factor in the combined debt and time commitment before starting here.
Where Anoka Technical College Stands
Earnings vs. debt across all accounting associates's programs nationally
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 |
|---|---|---|---|---|---|
| $6,267 | $43,520* | — | $21,469* | — | |
| $5,050 | $49,685* | $48,712 | —* | — | |
| $6,182 | $46,996* | $42,456 | —* | — | |
| $10,899 | $43,765* | $44,358 | $23,823* | 0.54 | |
| $5,682 | $43,520* | $50,060 | $22,083* | 0.51 | |
| $5,900 | $39,742* | $34,414 | $26,790* | 0.67 | |
| 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 Technical College, approximately 33% 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 7 similar programs in MN. Actual outcomes may vary.