Analysis
The small sample size here is a yellow flag, but the bigger concern is what happens after graduation: earnings at this program drop 13% from year one to year four, falling from nearly $40K to just over $34K. That's unusual for any program, let alone one that typically offers steady career progression. While first-year earnings beat the national median by about $2,700, they fall well below Minnesota's typical accounting graduate by roughly $4,000βlanding this program at just the 40th percentile statewide.
The debt picture adds another layer of worry. At nearly $27,000, graduates here carry about $5,000 more debt than the Minnesota median for accounting programs, placing them in the worst 5% nationally for debt burden. Compare that to North Hennepin or Century College graduates who earn $10,000-$15,000 more annually with less debt, and the value gap becomes stark. The 0.67 debt-to-earnings ratio isn't catastrophic on its own, but paired with declining earnings, it suggests graduates may struggle to build financial momentum.
Given the earning trajectory and the availability of stronger accounting programs across Minnesota's community college system, families should seriously consider alternatives unless there are compelling geographic or personal reasons to attend here. The declining earnings pattern is particularly troubling and warrants investigation into whether graduates are finding appropriate accounting work or pivoting to lower-paying roles.
Where Minnesota State Community and Technical College Stands
Earnings vs. debt across all accounting associates's programs nationally
Earnings Distribution
How Minnesota State Community and Technical College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Minnesota State Community and Technical College | $39,742 | $34,414 | -13% |
| Anoka-Ramsey Community College | $43,520 | $50,060 | +15% |
| North Hennepin Community College | $49,685 | $48,712 | -2% |
| Dakota County Technical College | $37,289 | $48,370 | +30% |
| Rasmussen University-Minnesota | $43,765 | $44,358 | +1% |
Compare to Similar Programs in Minnesota
Accounting associates's programs at peer institutions in Minnesota (28 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $5,900 | $39,742 | $34,414 | $26,790 | 0.67 | |
| $5,050 | $49,685 | $48,712 | β | β | |
| $6,182 | $46,996 | $42,456 | β | β | |
| $10,899 | $43,765 | $44,358 | $23,823 | 0.54 | |
| $5,682 | $43,520 | $50,060 | $22,083 | 0.51 | |
| $6,419 | $37,289 | $48,370 | $21,469 | 0.58 | |
| 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 Minnesota State Community and Technical College, approximately 25% 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.
Sample Size: Based on 24 graduates with reported earnings and 29 graduates with debt data. Small samples may not be representative.