Analysis
The estimated $37,000 first-year earnings for Iowa Central's accounting associate's sits notably below what similar programs typically produce in Iowa, where the state median reaches $47,400. That $10,000+ gap matters when you're starting with $14,275 in debt—the earnings simply don't stack up against what students at programs like Des Moines Area Community College achieve. While the debt load itself is modest and below the national median, the return appears weaker than what's available at other Iowa schools offering the same credential.
The concerning piece is that earnings barely budge between year one and year four, climbing just $2,000 to around $39,000. Based on comparable programs nationally, accounting associate's graduates typically earn $37,000, but Iowa's stronger job market for this field should theoretically lift outcomes higher. The fact that this program's estimated trajectory falls short of the state's $47,400 median suggests students might not be connecting to the same opportunities available elsewhere in Iowa.
For families weighing this investment, the question is whether Iowa Central offers advantages—location, support services, or employer connections—that offset the lower projected earnings. At roughly $15,000 in debt, the financial risk isn't extreme, but when peer programs in the same state show substantially higher returns, parents should understand why this program's outcomes appear to lag behind and whether their child's situation makes those trade-offs worthwhile.
Where Iowa Central 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 |
|---|---|---|---|
| Iowa Central Community College | — | $39,166 | — |
| Southern New Hampshire University | $37,986 | $53,096 | +40% |
| Connecticut State Community College | $42,591 | $52,194 | +23% |
| Nassau Community College | $35,513 | $51,744 | +46% |
| Des Moines Area Community College | $47,400 | $46,268 | -2% |
Compare to Similar Programs in Iowa
Accounting associates's programs at peer institutions in Iowa (16 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $5,376 | $37,001* | $39,166 | $14,275 | — | |
| $5,550 | $47,400* | $46,268 | $22,250 | 0.47 | |
| 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 Iowa Central Community College, approximately 31% 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.