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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $7,524 | $40,475 | $34,967 | $12,000 | 0.30 | |
| $7,650 | $44,850 | — | $23,746 | 0.53 | |
| $16,065 | $32,546 | $41,500 | $28,757 | 0.88 | |
| 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 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.