Analysis
The four-year earnings trajectory tells an important story here: while first-year earnings are estimated at $43,520 based on similar Minnesota accounting programs, by year four graduates earn $48,144βa modest 11% increase. That's substantially below what top-performing programs like North Hennepin and Century College deliver, suggesting this particular path may not capture the full earning potential of accounting credentials in Minnesota.
The debt load of $21,128 falls near both state and national medians, translating to a debt-to-earnings ratio just under 0.5. That's manageable territory for an associate's degree, though it's worth noting that graduates would need roughly six months of gross income to clear their loans. The estimation of first-year earnings from peer programs means there's real uncertainty about whether initial outcomes align with the state median or lag behind like the fourth-year figures do.
What matters most is the gap between this program and Minnesota's stronger performers. Graduates from comparable programs at North Hennepin and Century College earn $6,000+ more four years outβmoney that compounds over a career. If your child can access those alternatives without significantly more debt or time, that's the smarter play. Otherwise, this represents a functional but not exceptional entry into accounting work.
Where Normandale Community College Stands
Earnings vs. debt across all accounting associates's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Normandale Community College | β | $48,144 | β |
| 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
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $6,321 | $43,520* | $48,144 | $21,128 | β | |
| $5,050 | $49,685* | $48,712 | β | β | |
| $6,182 | $46,996* | $42,456 | β | β | |
| $10,899 | $43,765* | $44,358 | $23,823 | 0.54 | |
| $5,682 | $43,520* | $50,060 | $22,083 | 0.51 | |
| $5,900 | $39,742* | $34,414 | $26,790 | 0.67 | |
| 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 Normandale Community College, approximately 28% 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 median of 7 similar programs in MN. Actual outcomes may vary.