Analysis
Accounting programs in the Marshall Islands operate in a unique context, but peer programs across the U.S. suggest this associate's degree could deliver solid entry-level earning power. The estimated $37,000 first-year salary aligns perfectly with the national median for accounting associate's programs, while the estimated $16,000 in debt sits comfortably below typical borrowing levels for this credential. That 0.43 debt-to-earnings ratio indicates manageable repayment—graduates would owe less than half their first-year salary, a threshold that generally allows room for other financial obligations.
The real question for families is what this credential opens up in the Marshall Islands economy versus opportunities that might require relocating. With 96% of students receiving Pell grants, this program clearly serves a population with limited resources, making the modest debt load particularly important. Accounting skills tend to transfer across contexts—small island economies still need bookkeepers, tax preparers, and financial record-keepers—but parents should investigate whether local employers value this credential and what salary progression looks like beyond that first year. The financial picture based on comparable programs suggests reasonable risk, but understanding the specific Marshall Islands job market is essential before committing.
Where College of the Marshall Islands Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs Nationally
Accounting associates's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $6,840 | $37,001* | — | $15,979* | — | |
| $2,550 | $58,469* | $44,916 | $22,215* | 0.38 | |
| $8,216 | $52,576* | $50,545 | $24,956* | 0.47 | |
| $31,168 | $52,576* | $50,545 | $24,956* | 0.47 | |
| $5,050 | $49,685* | $48,712 | —* | — | |
| $6,270 | $48,832* | — | $19,254* | 0.39 | |
| 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 the Marshall Islands, approximately 96% 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.