Analysis
Similar accounting programs across Iowa typically produce first-year earnings around $47,400, which makes the estimated $37,000 figure here—drawn from national benchmarks—look surprisingly low for a state where entry-level accounting positions generally pay better. That $10,000 gap matters when you're carrying nearly $16,000 in debt. Nearby Des Moines Area Community College reports actual graduate earnings at that higher $47,400 mark, suggesting Marshalltown's location or specific employer connections might explain the difference, or that actual outcomes for this program may vary considerably from the national estimate we're working with.
The debt load itself appears manageable at roughly 43 cents owed for every dollar earned in year one—well below the concerning 1:1 threshold. Accounting credentials generally provide steady employment prospects, and associate degrees in this field serve as practical entry points to bookkeeping and accounting clerk positions. But the earnings estimate here doesn't reflect the stronger Iowa market, where comparable programs show graduates earning 28% more right out of the gate.
Given the significant gap between state benchmarks and these national estimates, contact Marshalltown's career services directly for placement data specific to their accounting graduates. Ask where recent students have landed jobs and what those starting salaries looked like. If their actual outcomes track closer to Iowa norms, this becomes a solid choice; if they truly lag $10,000 behind peer programs, you'd want a compelling reason—like location preference or transfer plans—to choose this over alternatives in the state.
Where Marshalltown 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 |
|---|---|---|---|---|---|
| $5,304 | $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 Marshalltown Community College, approximately 21% 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.