Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs β see details below.
Analysis
An estimated debt load of $26,291 against first-year earnings around $37,000 creates a manageable but not particularly advantageous financial position for an associate degree. Based on peer accounting programs across the country, graduates typically face a debt-to-earnings ratio of 0.71βserviceable, but considerably higher than the national median debt of $19,354 for similar programs. This suggests New England College may be pricing itself above typical two-year accounting credentials, though without actual graduate outcomes from this specific program, it's difficult to know whether their students see different results.
What makes this tricky is the comparison to nearby Southern New Hampshire University, where accounting associate graduates earn nearly identical amounts ($37,986) while the state median debt sits at $24,040. If similar programs in New Hampshire are producing comparable earnings at potentially lower cost, the value equation shifts. The 96% admission rate and 42% Pell grant population indicate this serves many students who need accessible education, but those same students are most vulnerable to debt burdens that outpace their early earnings.
The bottom line: Borrowing over $26,000 for an associate degree that leads to $37,000 salaries requires careful scrutiny, especially when the figures themselves are estimates based on national patterns rather than this school's actual track record. Compare the total cost here against other accounting programs in New Hampshire before committing.
Where New England College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in New Hampshire
Accounting associates's programs at peer institutions in New Hampshire (10 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $41,578 | $37,001* | β | $26,291* | β | |
| $16,450 | $37,986* | $53,096 | $24,040* | 0.63 | |
| 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 New England College, approximately 42% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 118 similar programs. Actual outcomes may vary.