Accounting at Mitchell Technical College
Associate's Degree
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
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Mitchell Technical College graduates compare to all programs nationally
Mitchell Technical College graduates earn $40k, placing them in the 67th percentile of all accounting associates programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in South Dakota
Accounting associates's programs at peer institutions in South Dakota (6 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Mitchell Technical College | $40,475 | $34,967 | $12,000 | 0.30 |
| Southeast Technical College | $44,850 | — | $23,746 | 0.53 |
| National American University-Rapid City | $32,546 | $41,500 | $28,757 | 0.88 |
| National Median | $37,000 | — | $19,354 | 0.52 |
Other Accounting Programs in South Dakota
Compare tuition, earnings, and debt across South Dakota schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Southeast Technical College Sioux Falls | $7,650 | $44,850 | $23,746 |
| National American University-Rapid City Rapid City | $16,065 | $32,546 | $28,757 |
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.