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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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $7,196 | $37,001* | — | $15,979* | — | |
| $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 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.