Analysis
Similar accounting programs across Minnesota suggest a steady if unspectacular return on investment. First-year earnings around $43,520 place this program right at the state median, though several community colleges in the region report outcomes in the mid-to-upper $40,000s. By year four, graduates typically reach about $52,000โa meaningful but modest climb that reflects accounting's incremental career progression rather than dramatic salary jumps.
The estimated $21,469 in debt creates a manageable ratio of 0.49, meaning graduates would owe roughly half a year's earnings. That's workable for an associate's degree, particularly in a field with clear entry-level job opportunities. However, parents should recognize that these figures represent averages from peer programs, not this specific school's track record. The actual outcomes for Inver Hills graduates could be better or worse.
The practical question is whether an associate's degree provides sufficient credentialing for your child's accounting goals. Many bookkeeping and accounting clerk positions are accessible with this credential, but advancement to full accountant roles typically requires a bachelor's degree or CPA licensure. If your child plans to continue their education, this could serve as an affordable stepping stone. If not, the debt-to-earnings picture is reasonable for immediate workforce entry, but career ceiling matters here.
Where Inver Hills Community College Stands
Earnings vs. debt across all accounting associates's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Inver Hills Community College | โ | $51,805 | โ |
| Anoka-Ramsey Community College | $43,520 | $50,060 | +15% |
| North Hennepin Community College | $49,685 | $48,712 | -2% |
| Dakota County Technical College | $37,289 | $48,370 | +30% |
| Rasmussen University-Minnesota | $43,765 | $44,358 | +1% |
Compare to Similar Programs in Minnesota
Accounting associates's programs at peer institutions in Minnesota (28 total in state)
Scroll to see more โ
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $6,007 | $43,520* | $51,805 | $21,469* | โ | |
| $5,050 | $49,685* | $48,712 | โ* | โ | |
| $6,182 | $46,996* | $42,456 | โ* | โ | |
| $10,899 | $43,765* | $44,358 | $23,823* | 0.54 | |
| $5,682 | $43,520* | $50,060 | $22,083* | 0.51 | |
| $5,900 | $39,742* | $34,414 | $26,790* | 0.67 | |
| National Median | โ | $37,000* | โ | $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 Inver Hills Community College, approximately 23% 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 7 similar programs in MN. Actual outcomes may vary.