Analysis
Drawing on data from similar accounting programs in Pennsylvania, this associate's degree path suggests first-year earnings around $37,700—right in line with the state median for these programs. That's a reasonable start for an entry-level accounting position. However, the estimated debt of $26,300 stands notably higher than what comparable Pennsylvania programs typically produce ($17,900 statewide). At a private college, you're looking at borrowing roughly 50% more than students at nearby community colleges, who often land similar accounting jobs.
The debt-to-earnings ratio of 0.70 means graduates would owe about 70 cents for every dollar they earn in that first year—manageable but not ideal for a two-year degree. For context, Montgomery County Community College's accounting graduates start near $49,000, while Harrisburg Area's earn around $38,000, both likely with less debt given the community college tuition structure. Since employers in accounting care more about credentials and skills than the specific school name on an associate's degree, paying private college premiums for a two-year program is tough to justify financially.
The practical takeaway: if your child is set on accounting and Elizabethtown offers something unique (perhaps a direct pathway to their bachelor's program), weigh that carefully against the debt difference. Otherwise, Pennsylvania's community colleges appear to deliver comparable or better outcomes at significantly lower cost for this particular credential.
Where Elizabethtown College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Pennsylvania
Accounting associates's programs at peer institutions in Pennsylvania (32 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $36,842 | $37,705* | — | $26,291* | — | |
| $6,270 | $48,832* | — | $19,254* | 0.39 | |
| $7,373 | $38,112* | $35,899 | $17,755* | 0.47 | |
| $4,842 | $37,297* | $36,844 | $14,874* | 0.40 | |
| $5,310 | $32,407* | — | —* | — | |
| 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 Elizabethtown College, approximately 19% 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 median of 4 similar programs in PA. Actual outcomes may vary.