Analysis
The unusual pattern here—estimated first-year earnings of $43,520 dropping to actual fourth-year earnings of $35,168—suggests something worth understanding. While comparable Minnesota accounting programs typically see graduates earning in the mid-$40,000s initially, this program's later trajectory shows a nearly $8,000 decline instead of the growth you'd expect. This could reflect part-time work, career changes, or regional employment patterns specific to the Brainerd area rather than the Twin Cities metro where many peer programs are located. The debt burden of roughly $21,500 (based on similar Minnesota programs) represents about half a year's earnings at that four-year mark, which means repayment could stretch longer than ideal.
The gap between this program and top performers in the state is telling. North Hennepin's graduates start at nearly $50,000, and even that represents real reported outcomes rather than estimates. Geography likely plays a role—Brainerd's smaller job market may simply offer fewer opportunities for accounting graduates to command competitive salaries or advance quickly.
For parents, this program requires honest conversation about location. If your child plans to stay in the Brainerd area, these earnings may reflect realistic expectations. But if they're willing to relocate to larger Minnesota markets after graduation, they might find better opportunities that justify the debt. The concerning four-year earnings figure suggests this isn't a straightforward investment, and exploring programs closer to major employment centers could prove worthwhile.
Where Central Lakes College-Brainerd Stands
Earnings vs. debt across all accounting associates's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Central Lakes College-Brainerd | — | $35,168 | — |
| 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% |
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 |
|---|---|---|---|---|---|
| $6,209 | $43,520* | $35,168 | $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 Central Lakes College-Brainerd, approximately 15% 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.