Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs — see details below.
Analysis
An associate degree in accounting represents solid vocational training, but the estimated figures for J.F. Drake suggest a tighter financial picture than the field typically produces. Based on comparable community college accounting programs nationally, students here likely carry around $16,000 in debt while earning roughly $37,000 in their first year—putting debt at about five months of gross income. That's manageable but not generous, especially when nearly half of students receive Pell grants and may be relying on these earnings immediately.
What makes this calculation harder is the uncertainty itself. The Department of Education suppresses this program's actual outcomes because too few recent graduates participated in their data collection, so we're working entirely from national patterns. Alabama has nine schools offering associate degrees in accounting, but none have reported data either, leaving parents without a clear sense of local market conditions. Accounting should be portable across the state, but Huntsville's specific employer landscape—anchored by aerospace and defense contractors who hire accountants—might create opportunities that aren't captured in national averages.
The estimated debt burden here sits below the national median for accounting associate programs, which is a positive signal. For families looking at affordable paths into business careers, this could work—but confirm the school's actual placement rates and local employer connections before committing.
Where J. F. Drake State Community and Technical College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs Nationally
Accounting associates's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $5,130 | $37,001* | — | $15,979* | — | |
| $2,550 | $58,469* | $44,916 | $22,215* | 0.38 | |
| $8,216 | $52,576* | $50,545 | $24,956* | 0.47 | |
| $31,168 | $52,576* | $50,545 | $24,956* | 0.47 | |
| $5,050 | $49,685* | $48,712 | —* | — | |
| $6,270 | $48,832* | — | $19,254* | 0.39 | |
| 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 J. F. Drake State Community and Technical College, approximately 44% 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.