Analysis
Similar accounting programs across California typically produce first-year earnings around $38,000, which provides useful context for evaluating this program. The estimated $37,001 for Folsom Lake College's accounting associate degree falls slightly below that state benchmark, though it aligns closely with the national median. This suggests graduates should expect starting salaries in line with the broader community college accounting market—competitive enough for entry-level positions but not exceptional.
The estimated debt load of about $16,000 creates a manageable financial picture, with borrowers owing roughly 43 cents for every dollar earned in the first year. That's notably lower than the typical debt burden for accounting associate degrees nationally (which averages over $19,000), meaning graduates should be able to handle loan payments while building their careers. Community college accounting programs generally offer solid preparation for bookkeeping and accounts payable roles without the debt weight of four-year options.
The caveat: these figures come from peer programs since this specific cohort's data couldn't be published. For a practical decision, consider whether your child plans to pursue the CPA route (which requires a bachelor's degree) or aims for immediate employment. If the goal is getting certified and advancing quickly, you'll need to budget for additional education. For straight-to-work positions in accounting support roles, the debt-to-earnings picture looks reasonable based on what comparable California programs deliver.
Where Folsom Lake College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in California
Accounting associates's programs at peer institutions in California (110 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $1,288 | $37,001* | — | $15,979* | — | |
| — | $41,351* | — | $17,375* | 0.42 | |
| $1,364 | $34,604* | — | —* | — | |
| 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 Folsom Lake 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.
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.