Analysis
Similar accounting programs across Pennsylvania suggest first-year earnings around $38,000 for associate degree holders—a figure that aligns closely with the national median but falls well short of what graduates from Montgomery County Community College achieve ($48,832). The $18,000 in debt is actually slightly below the state average, making Lackawanna's estimated debt-to-earnings ratio of 0.48 relatively manageable. With 58% of students receiving Pell grants, this program serves many families where even modest debt requires careful consideration.
The challenge here is that comparable programs in Pennsylvania show a wide earnings range, from just over $32,000 to nearly $49,000 in the first year. Without actual outcomes data for Lackawanna's accounting graduates specifically, it's unclear whether this program produces results closer to the state median or lags behind peers. The debt load is reasonable enough that even earnings on the lower end of the peer range wouldn't create a crisis, but the potential earnings gap between programs matters significantly when you're deciding where to invest two years and $18,000.
For families weighing this decision, the key question is whether Lackawanna's program delivers outcomes closer to the state median or the lower performers. Request placement rates and starting salary information directly from the school—actual data about where recent graduates land jobs and what they earn would clarify whether this represents a solid local pathway into accounting or whether nearby alternatives might offer better returns.
Where Lackawanna College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Pennsylvania
Accounting associates's programs at peer institutions in Pennsylvania (32 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $17,950 | $37,705* | — | $18,000 | — | |
| $6,270 | $48,832* | — | $19,254 | 0.39 | |
| $7,373 | $38,112* | $35,899 | $17,755 | 0.47 | |
| $4,842 | $37,297* | $36,844 | $14,874 | 0.40 | |
| $5,310 | $32,407* | — | — | — | |
| 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 Lackawanna College, approximately 58% 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 4 similar programs in PA. Actual outcomes may vary.