Accounting at Central New Mexico Community College

Central New Mexico Community College's accounting associate program starts graduates at $40,511—well above the $37,000 national median and right at New Mexico's state median. The real advantage shows up in the debt numbers: graduates carry just $10,585 compared to the national median of $19,354, giving this program a debt-to-earnings ratio of 0.26. That's manageable debt that most graduates should be able to handle comfortably.

The concerning pattern is what happens next. By year four, median earnings drop to $36,745—a 9% decline that suggests either graduates are transitioning between roles or hitting a plateau in entry-level positions. This could reflect the reality that an associate degree in accounting often positions you for bookkeeping or accounting clerk roles with limited advancement potential without additional credentials. However, with such low debt, graduates have financial flexibility to continue their education or pivot careers without being trapped by loan payments.

The small sample size here is worth noting—we're looking at fewer than 30 graduates, so these numbers could swing considerably year to year. That said, the combination of below-average debt and above-average starting pay makes this a relatively low-risk credential. Just understand you're likely buying access to an entry point in accounting, not a clear path upward, and plan accordingly for whether a bachelor's degree might be needed down the road.