Est. Earnings (1yr)
$43,520
Est. from MN median (7 programs)
Median Debt
$21,128
9% above national median

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 $48,144β€”a 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 outβ€”money 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

School1 Year4 YearsGrowth
Normandale Community Collegeβ€”$48,144β€”
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†’

SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median DebtDebt/Earnings
Normandale Community CollegeBloomington$6,321$43,520*$48,144$21,128β€”
North Hennepin Community CollegeBrooklyn Park$5,050$49,685*$48,712β€”β€”
Century CollegeWhite Bear Lake$6,182$46,996*$42,456β€”β€”
Rasmussen University-MinnesotaSt. Cloud$10,899$43,765*$44,358$23,8230.54
Anoka-Ramsey Community CollegeCoon Rapids$5,682$43,520*$50,060$22,0830.51
Minnesota State Community and Technical CollegeFergus Falls$5,900$39,742*$34,414$26,7900.67
National Medianβ€”$37,000*β€”$19,3540.52
* Estimated from similar programs

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 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.