Est. Earnings (1yr)
$37,001
Est. from national median (118 programs)
Est. Median Debt
$15,979
Est. from national median (70 programs)

Analysis

Iowa's accounting associate programs typically deliver stronger outcomes than these estimated figures suggest for Iowa Lakes. The state median of $47,400 for first-year earnings—exemplified by Des Moines Area Community College—sits substantially above this program's estimated $37,000, which appears based on the national average rather than Iowa's higher-performing regional market. That $10,000 gap matters significantly when you're evaluating return on investment for a two-year degree.

The estimated debt load of roughly $16,000 is relatively modest and compares favorably to both state and national medians. With a debt-to-earnings ratio of 0.43 based on the conservative national earnings estimate, graduates could theoretically manage repayment within a reasonable timeframe. However, if this program's actual outcomes align closer to Iowa's typical $47,400 for accounting associates, the financial picture would look considerably more attractive than these estimates indicate.

The catch is uncertainty: with too few graduates to generate reported data, you're making this investment decision without knowing whether Iowa Lakes performs like its Iowa peers or tracks closer to the national average. Given accounting's generally stable career path and the manageable debt burden, the risk seems contained—but parents should directly ask the school about job placement rates and whether local employers recruit from their program, since those practical outcomes matter more than estimates drawn from distant peer institutions.

Where Iowa Lakes Community College Stands

Earnings vs. debt across all accounting associates's programs nationally

Compare to Similar Programs in Iowa

Accounting associates's programs at peer institutions in Iowa (16 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Iowa Lakes Community CollegeEstherville$7,196$37,001*—$15,979*—
Des Moines Area Community CollegeAnkeny$5,550$47,400*$46,268$22,250*0.47
National Median—$37,000*—$19,354*0.52
* Estimated from similar programs

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 Iowa Lakes Community College, approximately 20% 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.