Analysis
When peer accounting programs nationally show first-year earnings around $37,000 and debt near $16,000, the question becomes whether an associate's degree delivers enough earning power in California's high cost-of-living environment. Based on similar programs in the state, accounting graduates typically earn around $38,000, which is modest given Bay Area housing and expenses—though it's worth noting that many accounting professionals see significant wage growth as they gain experience and certifications.
The estimated debt-to-earnings ratio of 0.43 suggests a manageable burden if your child stays in the field and progresses steadily. What's less certain is whether College of Alameda's specific curriculum and employer connections match stronger California programs like Mt. San Antonio College, where reported outcomes hover around $35,000, or Asher College at $41,000. The suppressed data here means we can't verify whether Alameda graduates land entry-level bookkeeping roles or more lucrative positions at established firms.
For families, this comes down to cost control and career trajectory. If your child can complete this degree with minimal borrowing and plans to continue toward a bachelor's or CPA certification, the foundation makes sense. But if this represents their terminal credential, you'll want direct answers from the school about job placement rates and whether their Bay Area location translates into actual employer partnerships—because the estimates alone don't tell you if this particular program delivers on accounting's promise of stable, upwardly mobile careers.
Where College of Alameda Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in California
Accounting associates's programs at peer institutions in California (110 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $1,148 | $37,001* | — | $15,979* | — | |
| — | $41,351* | — | $17,375* | 0.42 | |
| $1,364 | $34,604* | — | —* | — | |
| 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 College of Alameda, approximately 10% 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.