Median Earnings (1yr)
$39,742
63rd percentile
40th percentile in Minnesota
Median Debt
$26,790
38% above national median

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 $4,000β€”landing 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

School1 Year4 YearsGrowth
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†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Minnesota State Community and Technical CollegeFergus Falls$5,900$39,742$34,414$26,7900.67
North Hennepin Community CollegeBrooklyn Park$5,050$49,685$48,712β€”β€”
Century CollegeWhite Bear Lake$6,182$46,996$42,456β€”β€”
Rasmussen University-MinnesotaSt. Cloud$10,899$43,765$44,358$23,8230.54
Anoka-Ramsey Community CollegeCoon Rapids$5,682$43,520$50,060$22,0830.51
Dakota County Technical CollegeRosemount$6,419$37,289$48,370$21,4690.58
National Medianβ€”$37,000β€”$19,3540.52

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
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.