Analysis
An estimated debt load of $16,000 against first-year earnings around $37,000 creates a manageable 0.43 debt-to-earnings ratio—below the concerning 1.0 threshold that signals repayment struggles. For accounting associate's programs nationally, this represents a slightly lower debt burden than the typical $19,354, though the earnings estimate aligns closely with what peer programs produce. In California specifically, comparable accounting programs show a median of about $38,000 in earnings, suggesting Foothill's graduates likely enter a competitive local market where two-year accounting credentials carry reasonably consistent value.
The low Pell grant rate (just 8%) indicates Foothill primarily serves students from higher-income families, which may mean less reliance on loans than these estimates suggest—many students here might graduate with minimal or no debt. California's robust accounting job market generally supports associate-degree holders, particularly in the Bay Area where bookkeeping and accounting clerk positions remain in demand. Similar programs at nearby Mt. San Antonio College report actual earnings around $34,600, providing a useful reality check on these national-based estimates.
For parents evaluating this investment: the projected debt-to-earnings balance looks reasonable, but recognize these figures come from national peer programs rather than Foothill's specific outcomes. If your student can minimize borrowing through family support or community college affordability, a two-year accounting credential offers solid entry into a stable field without the commitment of a bachelor's degree.
Where Foothill 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 |
|---|---|---|---|---|---|
| $1,565 | $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 Foothill College, approximately 8% 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.