Analysis
Starting an accounting career with just under $16,000 in debt puts graduates in a manageable position, especially when the debt-to-earnings ratio comes in at 0.43—well below thresholds that typically signal repayment trouble. Based on comparable associate's degree accounting programs nationwide, first-year earnings around $37,000 provide a realistic foundation for paying down that debt within a few years while building practical skills that employers actively seek.
The gap between this estimate and what other Iowa accounting programs report is worth noting. Des Moines Area Community College's graduates earned $47,400 in their first year—about $10,000 more than what peer programs nationally suggest for Eastern Iowa's outcomes. This difference could reflect regional employment markets, differences in program structure, or simply variation in the available data. Iowa's median for accounting associate's degrees sits at $47,400, which raises questions about whether Eastern Iowa's program connects students to the same caliber of entry-level positions.
For parents weighing this investment, the modest debt load is the strongest argument in favor—even if earnings land closer to the national estimate than the state median, your child would be managing about $130 monthly in loan payments on a $37,000 salary. The uncertainty around actual outcomes for this specific program means you'll want to investigate job placement rates and which local employers recruit from Eastern Iowa before committing.
Where Eastern Iowa Community College District Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Iowa
Accounting associates's programs at peer institutions in Iowa (16 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $4,680 | $37,001* | — | $15,979* | — | |
| $5,550 | $47,400* | $46,268 | $22,250* | 0.47 | |
| 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 Eastern Iowa Community College District, approximately 22% 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.