Analysis
An estimated $16,000 in debt for an associate's degree represents a manageable starting point—roughly 43 cents owed for every dollar earned in year one. Based on comparable accounting programs nationally, graduates typically earn around $37,000 their first year out, and Coconino's estimated figures align closely with both this national median and what neighboring Arizona community colleges report. For context, Pima Community College's accounting graduates earn $37,358, suggesting this program should perform similarly.
What works in favor of this investment is the relatively modest debt load compared to the national median of $19,354 for accounting associate's programs. Lower debt matters significantly in a field where starting salaries cluster tightly—Arizona's accounting associate's programs show median earnings of just $38,076, meaning there isn't much upside variation to offset higher borrowing. The field offers stability rather than dramatic earning potential, which makes keeping costs down particularly important.
The practical takeaway: if your child can complete this program near the estimated debt figure and secure work in Flagstaff or elsewhere in Arizona, the numbers work. The debt is low enough to handle on typical accounting wages. However, since these are estimates rather than actual outcomes from Coconino's graduates, confirm with the school what their completers actually experience—employment rates and whether local accounting firms actively hire from this program matter as much as the degree itself.
Where Coconino Community College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Arizona
Accounting associates's programs at peer institutions in Arizona (21 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $2,712 | $37,001* | — | $15,979* | — | |
| $9,552 | $38,794* | $39,413 | $24,793* | 0.64 | |
| $2,370 | $37,358* | $34,454 | $12,098* | 0.32 | |
| 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 Coconino Community College, approximately 21% 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 national median of 118 similar programs. Actual outcomes may vary.