Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs — see details below.
Analysis
Similar accounting associate programs across Michigan suggest first-year earnings around $36,000—squarely in line with both state and national benchmarks for this credential. The estimated debt load of $13,248 creates a manageable 0.37 ratio, meaning graduates would owe roughly four months of their first year's salary. This positions well below both the state median debt of $17,621 and the national figure of $19,354 for comparable programs.
The challenge here is context. With over 900 accounting associate programs nationally and 35 in Michigan alone, outcomes vary considerably even within the state—Oakland Community College graduates earn $40,000+ while others hover around $35,500. Gogebic's small graduate cohort means we're working with estimates rather than actual tracked outcomes, so there's inherent uncertainty about whether this specific program performs above or below the Michigan average it's benchmarked against.
For families prioritizing low debt over maximum earnings potential, the estimated numbers paint an accessible picture: modest borrowing for credential-level pay. But you'll want to verify job placement rates directly with the school and understand what employers in Michigan's Upper Peninsula specifically seek from accounting graduates, since location often matters as much as the credential itself in this field.
Where Gogebic Community College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Michigan
Accounting associates's programs at peer institutions in Michigan (35 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $5,590 | $36,181* | — | $13,248* | — | |
| $3,020 | $40,424* | $46,109 | $21,496* | 0.53 | |
| $12,810 | $36,181* | $38,187 | $26,067* | 0.72 | |
| $4,059 | $35,538* | $42,721 | $12,750* | 0.36 | |
| 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 Gogebic Community College, approximately 35% 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 3 similar programs in MI. Actual outcomes may vary.