Accounting at Institute of Technology

A debt-to-earnings ratio of 0.64 suggests manageable borrowing for an associate degree in accounting—similar programs nationally show first-year earnings around $37,000 with typical debt of about $19,000. The Institute of Technology's estimated $23,823 in debt runs somewhat higher than both the national and California medians for this credential, though it remains within reasonable bounds for an accounting degree that should provide steady employment prospects.

California's accounting programs show considerable variation in outcomes, with the state median at about $38,000 and stronger programs like Asher College placing graduates above $41,000. The Institute of Technology's estimated earnings align with national figures but trail the state average slightly. For a private institution where 29% of students receive Pell grants, these numbers suggest the program serves its purpose without standing out from the field.

The practical calculus here: if your child can keep actual borrowing near or below the estimated $24,000, this associate degree should be repayable on typical accounting salaries. However, given that these figures are estimates based on peer programs rather than this school's actual graduate outcomes, it's worth asking the admissions office directly about job placement rates and whether their graduates are finding work that supports debt repayment. An associate degree in accounting typically opens doors to bookkeeping and entry-level roles—solid work, if not spectacular pay.