Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs β see details below.
Analysis
Based on what similar Pennsylvania accounting programs produce, Laurel Business Institute's estimated outcomes fall right at the state medianβprojected first-year earnings around $37,700 against roughly $23,800 in debt. That 0.63 debt-to-earnings ratio suggests manageable repayment, though the debt figure runs higher than the $17,900 state median for comparable programs.
What's worth noting is the range among Pennsylvania community colleges offering accounting degrees. Montgomery County Community College graduates earn nearly $49,000 in their first year, while others cluster closer to the mid-$30,000s. Without actual outcome data from Laurel specifically, you're working with educated guesses based on peer performance. The school serves a high-need population (49% on Pell grants) in a region where cost matters significantly.
The practical question: can your child service $24,000 in debt on $37,000? The math works if they secure steady accounting work immediately, but there's limited cushion for underemployment or delayed job placement. Before committing, ask Laurel directly about their job placement rates and which local employers hire their graduates. The estimated figures suggest this could be reasonable preparation for entry-level accounting roles, but you'll want confirmation that this specific program delivers on that promise rather than relying solely on what similar schools achieve.
Where Laurel Business Institute 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)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $11,470 | $37,705* | β | $23,823* | β | |
| $6,270 | $48,832* | β | $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* | β | β* | β | |
| National Median | β | $37,000* | β | $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 Laurel Business Institute, approximately 49% 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.