Median Earnings (1yr)
$35,538
42nd percentile
40th percentile in Michigan
Median Debt
$12,750
34% below national median

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

School1 Year4 YearsGrowth
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)

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Grand Rapids Community CollegeGrand Rapids$4,059$35,538$42,721$12,7500.36
Oakland Community CollegeAuburn Hills$3,020$40,424$46,109$21,4960.53
Baker CollegeOwosso$12,810$36,181$38,187$26,0670.72
National Median$37,000$19,3540.52

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
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.