Analysis
At nearly $47,400 right out of the gate, DMACC's accounting associate's program starts graduates $10,000 ahead of the typical community college accounting grad nationwide—landing in the 95th percentile nationally. That's strong positioning for a two-year degree, especially when you're investing just $22,250 to get there. The debt load sits comfortably below national levels, creating a debt-to-earnings ratio that should be manageable even for entry-level bookkeepers or accounting clerks.
The wrinkle here is twofold. First, earnings essentially flatline by year four rather than growing, which is unusual for accounting roles where experience typically commands higher pay. Second, while DMACC beats most programs nationally, it lands right at the Iowa median—meaning half the state's accounting programs deliver similar or better outcomes. With only 16 Iowa schools offering this credential, that's notable competitive context for an in-state student.
The small sample size (under 30 graduates tracked) means these numbers could shift considerably with more data, but the core value proposition holds: you're getting competitive Iowa accounting preparation at a reasonable price point. For parents, this works if your student plans to enter the workforce immediately after graduation, though the flat earnings trajectory suggests limited advancement potential without additional credentials.
Where Des Moines Area Community College Stands
Earnings vs. debt across all accounting associates's programs nationally
Earnings Distribution
How Des Moines Area Community College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Des Moines Area Community College | $47,400 | $46,268 | -2% |
| 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 |
|---|---|---|---|---|---|
| $5,550 | $47,400 | $46,268 | $22,250 | 0.47 | |
| $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 Des Moines Area Community College, approximately 16% 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.
Sample Size: Based on 27 graduates with reported earnings and 28 graduates with debt data. Small samples may not be representative.