Analysis
Community colleges in Rhode Island offer limited options for accounting students, and this program's estimated outcomes suggest a practical, if modest, pathway. Based on comparable associate degree programs nationally, first-year earnings around $37,000 lead to mid-$40,000s by year four—growth that's steady but not spectacular. The estimated debt of roughly $16,000 sits below the national median for accounting associate programs, creating a manageable 0.43 debt-to-earnings ratio that most graduates should be able to handle on entry-level bookkeeping or accounting clerk salaries.
The real question is trajectory. Four years out, graduates are earning what many entry-level positions pay after a year or two of experience. For students planning to continue toward a bachelor's degree—using this as a transfer foundation or while working—that progression makes sense. For those treating this as a terminal credential, the earnings ceiling appears relatively low compared to the investment of time and tuition, even with modest debt. With 43% of students receiving Pell grants, this program clearly serves a population seeking affordable access, and on that measure it delivers: the debt burden is reasonable and the earnings, while not impressive, support financial independence. Parents should clarify whether their child views this as a stepping stone or destination, since that distinction determines whether these estimated outcomes represent good value or a ceiling that arrives too quickly.
Where Community College of Rhode Island 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 |
|---|---|---|---|
| Community College of Rhode Island | — | $44,872 | — |
| Southern New Hampshire University | $37,986 | $53,096 | +40% |
| Connecticut State Community College | $42,591 | $52,194 | +23% |
| Nassau Community College | $35,513 | $51,744 | +46% |
| Indiana Wesleyan University-Marion | $52,576 | $50,545 | -4% |
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 |
|---|---|---|---|---|---|
| $5,326 | $37,001* | $44,872 | $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 Community College of Rhode Island, approximately 43% 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.