Analysis
Similar accounting programs across Michigan suggest first-year earnings around $36,000—squarely in line with what associate-degree holders in this field typically earn nationally. That puts North Central Michigan College's program in the middle of the pack, neither remarkable nor alarming. With estimated debt of $13,248, graduates would face monthly payments of roughly $150, manageable on an entry-level accounting salary even in a smaller market like Petoskey.
The debt-to-earnings ratio of 0.37 compares favorably to many associate programs. Peer schools in Michigan show wide variation—Oakland Community College graduates earn noticeably more, while Grand Rapids produces similar outcomes—but North Central's estimated debt load runs several thousand dollars below the state median of $17,621. That difference matters when you're starting a career in a region where cost of living is lower than Michigan's urban centers.
For families prioritizing affordability and reasonable debt, this program appears positioned to deliver solid value. The challenge is that we're working entirely from estimates based on other Michigan schools, since North Central's graduate cohort was too small to report. If your student is serious about accounting, ask the college directly about graduate employment rates and whether local firms recruit on campus—those details will tell you more about this specific program's track record than statewide averages can.
Where North Central Michigan College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Michigan
Accounting associates's programs at peer institutions in Michigan (35 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $5,267 | $36,181* | — | $13,248* | — | |
| $3,020 | $40,424* | $46,109 | $21,496* | 0.53 | |
| $12,810 | $36,181* | $38,187 | $26,067* | 0.72 | |
| $4,059 | $35,538* | $42,721 | $12,750* | 0.36 | |
| 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 North Central Michigan College, approximately 33% 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 3 similar programs in MI. Actual outcomes may vary.