Analysis
Northwood Technical College's accounting associate's program produces concerning results compared to other Wisconsin options. At $35,039 one year out, graduates earn roughly $7,400 less than the state median—placing them in just the 25th percentile among Wisconsin's 22 accounting programs. This gap is significant: every top technical college in the state, from Waukesha County to Moraine Park, delivers starting salaries at least 22% higher. Even the relatively low debt load of $13,167 can't compensate for these below-market earnings.
The earnings trajectory offers little reason for optimism. Four years after graduation, the median salary reaches only $37,060—still $5,300 below Wisconsin's state median and barely matching what most other programs deliver on day one. While the 6% growth keeps pace with inflation, it doesn't close the competitive gap. The debt-to-earnings ratio of 0.38 looks manageable on paper, but that calculation becomes less favorable when you consider that accounting graduates at peer Wisconsin technical colleges are earning substantially more with similar or only slightly higher debt.
For a Wisconsin family, this is straightforward: accounting is a program where the specific school matters. Technical colleges like Madison Area and Waukesha County are producing graduates who earn $10,000+ more annually right out of the gate. Unless location in Rice Lake is essential, students should explore programs that align more closely with statewide earning standards for this career track.
Where Northwood Technical College Stands
Earnings vs. debt across all accounting associates's programs nationally
Earnings Distribution
How Northwood 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 |
|---|---|---|---|
| Northwood Technical College | $35,039 | $37,060 | +6% |
| Waukesha County Technical College | $45,634 | $48,300 | +6% |
| Gateway Technical College | $42,427 | $46,858 | +10% |
| Rasmussen University-Wisconsin | $43,765 | $44,358 | +1% |
| Western Technical College | $42,732 | $43,719 | +2% |
Compare to Similar Programs in Wisconsin
Accounting associates's programs at peer institutions in Wisconsin (22 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $4,524 | $35,039 | $37,060 | $13,167 | 0.38 | |
| $4,720 | $45,634 | $48,300 | $22,000 | 0.48 | |
| $4,780 | $45,333 | — | $20,252 | 0.45 | |
| $11,982 | $43,765 | $44,358 | $23,823 | 0.54 | |
| $4,716 | $42,732 | $43,719 | $16,796 | 0.39 | |
| $4,713 | $42,629 | $40,220 | $16,027 | 0.38 | |
| 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 Northwood 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.