Analysis
Similar Accounting associate programs in North Carolina suggest graduates earn around $44,600 in their first year—a solid start that exceeds the national median of $37,000 and positions this credential as a practical pathway into bookkeeping, accounts payable, or entry-level accounting roles. The estimated debt load of roughly $16,000 creates a manageable 0.36 debt-to-earnings ratio, meaning graduates would owe about four months of their first-year salary. That's considerably better than the national median debt of $19,354 for accounting associate programs.
The challenge here is that we're working entirely with estimates drawn from peer institutions, since Cape Fear's actual graduate outcomes aren't publicly reported due to small sample sizes. What we can say is that North Carolina's community college accounting programs cluster tightly around this earnings figure, with programs at Central Piedmont and Wake Tech hitting similar marks. The bigger question is growth potential—associate-level accounting credentials typically open doors to support roles rather than the CPA-track positions that require bachelor's degrees.
For a family considering this investment, the math works if your student plans to enter the workforce quickly and values a low-cost entry point into business careers. Just recognize you're betting on North Carolina's market patterns holding true for Cape Fear specifically, and this degree may serve best as either a career starter or a stepping stone toward further education rather than a final credential.
Where Cape Fear Community College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in North Carolina
Accounting associates's programs at peer institutions in North Carolina (52 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $2,748 | $44,616* | — | $15,979* | — | |
| $2,792 | $45,092* | — | —* | — | |
| $2,336 | $44,616* | $43,263 | $20,953* | 0.47 | |
| $2,524 | $32,979* | — | —* | — | |
| 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 Cape Fear Community College, approximately 18% 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 NC. Actual outcomes may vary.