Analysis
Similar accounting associate's programs in Indiana produce first-year earnings around $38,800, which tracks closely with the national median—but the estimated $26,300 debt load here stands notably above both state and national benchmarks. With nearly half of students receiving Pell grants, that extra debt burden matters significantly for families already stretching financially to afford college.
The 0.68 debt-to-earnings ratio based on peer programs suggests graduates would face manageable but meaningful debt payments—roughly two-thirds of their first-year salary. What's concerning is that other Indiana schools offering the same credential report actual outcomes ranging from $28,800 to over $52,500, revealing just how much variation exists even within the state. Without reported data from Calumet specifically, it's impossible to know where their graduates land in that spectrum.
For families evaluating this program, the core question is whether the estimated debt premium above state norms translates into better outcomes, or simply reflects financing differences. Before committing, you'd want to understand why this school's estimated debt runs $1,300 above the state median while projected earnings sit right at the state average. Direct conversations with the financial aid office about actual graduate debt loads and the career services office about placement rates would help clarify whether these peer-based projections tell the full story.
Where Calumet College of Saint Joseph Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Indiana
Accounting associates's programs at peer institutions in Indiana (13 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $22,650 | $38,751* | — | $26,291* | — | |
| $31,168 | $52,576* | $50,545 | $24,956* | 0.47 | |
| $8,216 | $52,576* | $50,545 | $24,956* | 0.47 | |
| $10,110 | $38,751* | $39,672 | $31,501* | 0.81 | |
| $4,912 | $36,241* | $35,353 | $13,292* | 0.37 | |
| $16,480 | $28,838* | $32,478 | —* | — | |
| 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 Calumet College of Saint Joseph, approximately 48% 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 5 similar programs in IN. Actual outcomes may vary.