Analysis
The $16,000 debt load estimated for this program sits well below both the national median ($19,354) and especially looks favorable against the state average of $12,942 for Massachusetts accounting programs. With projected first-year earnings around $37,000—tracking closely with both state and national benchmarks—the debt-to-earnings ratio of 0.43 suggests manageable repayment. For context, nearby Northern Essex Community College reports $37,960 for its accounting graduates, while Bunker Hill shows $35,602, putting Greenfield's estimated outcomes squarely in the competitive range for Massachusetts community colleges.
The challenge here is straightforward: these figures are drawn from peer institutions nationally rather than Greenfield's own graduate outcomes, which aren't publicly available due to small cohort sizes. That means you're essentially betting that this program performs like the typical community college accounting program elsewhere. Accounting is a field with relatively standardized curriculum and clear job pathways, which makes such comparisons more reliable than in many other fields, but you're still making decisions without knowing how Greenfield's specific graduates fare in the local market.
If your child can complete this degree with debt near the estimated $16,000 and secure entry-level bookkeeping or accounting clerk work in the $35,000-$38,000 range, the numbers work. The risk is that without actual data, you won't know whether Greenfield's placement rates, employer connections, or pass rates for professional certifications match its peers until your child is already enrolled.
Where Greenfield Community College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Massachusetts
Accounting associates's programs at peer institutions in Massachusetts (16 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $5,810 | $37,001* | — | $15,979* | — | |
| $5,688 | $37,960* | $49,609 | $11,633* | 0.31 | |
| $5,520 | $35,602* | $49,823 | $14,250* | 0.40 | |
| 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 Greenfield Community College, approximately 30% 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.