Analysis
Based on similar accounting programs in Pennsylvania, this associate's degree appears to produce first-year earnings around $37,700—right at the state median but well below what some community colleges achieve. Montgomery County Community College's accounting grads, for instance, earn nearly $50,000 in their first year, suggesting that program quality and location matter significantly in this field.
The estimated $23,800 in debt is higher than both the Pennsylvania median ($17,900) and the national benchmark ($19,400) for accounting associate's degrees. That debt-to-earnings ratio of 0.63 means graduates would dedicate most of their first year's salary to loan repayment if following standard plans—manageable but not comfortable. The high Pell grant percentage (63%) indicates many students here are already financially stretched, making that above-average debt load more concerning.
For parents, the question centers on whether this specific program justifies both its cost premium and the opportunity cost of not attending a nearby community college. Without actual outcome data from Laurel Technical Institute itself, you're making a bet on a more expensive option when proven alternatives exist within Pennsylvania. If location or program structure makes those alternatives impractical, this could still work—accounting credentials do lead to stable employment. But if a community college is accessible, the data from peer programs suggests that's likely the safer financial choice.
Where Laurel Technical 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)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $11,470 | $37,705* | — | $23,823* | — | |
| $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 Laurel Technical Institute, approximately 63% 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.