Analysis
Grand Rapids Community College's accounting associate program lands squarely in the middle of Michigan's community college landscape, with graduates earning $35,538 in their first year—slightly below both the state median of $36,181 and the national median of $37,000. The 40th percentile ranking among Michigan programs means six out of ten comparable programs deliver stronger initial earnings, though the gap narrows considerably by year four when earnings reach $42,721. That 20% earnings growth trajectory is solid, suggesting graduates find paths to higher-paying roles as they gain experience or complete additional credentials.
The real advantage here is financial: at $12,750, graduates leave with roughly $5,000 less debt than the Michigan median and nearly $7,000 less than the national average. That 0.36 debt-to-earnings ratio means graduates owe just over four months' salary—manageable territory that allows faster loan payoff and more financial flexibility early in their careers. For families prioritizing affordability while building foundational business skills, this represents a low-risk entry point.
The tradeoff is straightforward: you're paying less to earn slightly less initially, but the reasonable debt load means your child won't spend years digging out from under loans. If they're using this as a stepping stone to a bachelor's degree or want to test accounting before committing to a four-year program, the minimal debt makes that flexibility affordable.
Where Grand Rapids Community College Stands
Earnings vs. debt across all accounting associates's programs nationally
Earnings Distribution
How Grand Rapids Community College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Grand Rapids Community College | $35,538 | $42,721 | +20% |
| Southern New Hampshire University | $37,986 | $53,096 | +40% |
| Connecticut State Community College | $42,591 | $52,194 | +23% |
| Oakland Community College | $40,424 | $46,109 | +14% |
| Baker College | $36,181 | $38,187 | +6% |
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 |
|---|---|---|---|---|---|
| $4,059 | $35,538 | $42,721 | $12,750 | 0.36 | |
| $3,020 | $40,424 | $46,109 | $21,496 | 0.53 | |
| $12,810 | $36,181 | $38,187 | $26,067 | 0.72 | |
| 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 Grand Rapids Community College, approximately 27% 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.
Sample Size: Based on 36 graduates with reported earnings and 40 graduates with debt data. Small samples may not be representative.