Median Earnings (1yr)
$40,475
67th percentile
60th percentile in South Dakota
Median Debt
$12,000
38% below national median

Analysis

Mitchell Technical College's accounting program shows a puzzling earnings pattern that deserves scrutiny, though the small graduating class (under 30 students) means individual circumstances could be skewing these numbers significantly. Graduates start at $40,475—above the national median and tied for middle-of-the-pack in South Dakota—but earnings drop to $34,967 by year four. That 14% decline is unusual for an accounting credential, where experience typically translates to steady raises and certifications that boost compensation.

The debt picture is notably strong: $12,000 is roughly half what South Dakota accounting graduates typically carry and well below the national median. This keeps the debt-to-earnings ratio manageable even with the earnings dip, and graduates aren't burdened by payments that could derail their financial stability. However, falling behind Southeast Technical College graduates by nearly $10,000 annually by year four suggests potential differences in curriculum, employer networks, or geographic placement.

The practical concern here is whether this represents a real trend or just statistical noise from a handful of graduates. If your child thrives in smaller programs with lower debt, Mitchell offers that advantage. But given the earnings trajectory and the fact that other South Dakota options exist with stronger mid-career numbers, it's worth investigating what's driving that four-year decline—whether graduates are staying in lower-paying local markets, leaving accounting altogether, or hitting a ceiling the program's credential doesn't help them break through.

Where Mitchell Technical College Stands

Earnings vs. debt across all accounting associates's programs nationally

Earnings Distribution

How Mitchell 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
Mitchell Technical College$40,475$34,967-14%
Southern New Hampshire University$37,986$53,096+40%
Connecticut State Community College$42,591$52,194+23%
Nassau Community College$35,513$51,744+46%
National American University-Rapid City$32,546$41,500+28%

Compare to Similar Programs in South Dakota

Accounting associates's programs at peer institutions in South Dakota (6 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Mitchell Technical CollegeMitchell$7,524$40,475$34,967$12,0000.30
Southeast Technical CollegeSioux Falls$7,650$44,850$23,7460.53
National American University-Rapid CityRapid City$16,065$32,546$41,500$28,7570.88
National Median$37,000$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 Mitchell Technical College, approximately 30% 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 27 graduates with reported earnings and 28 graduates with debt data. Small samples may not be representative.