Median Earnings (1yr)
$40,424
66th percentile
60th percentile in Michigan
Median Debt
$21,496
11% above national median

Analysis

Oakland Community College's accounting associate's degree produces graduates earning $40,424 in their first year—noticeably above both Michigan's median ($36,181) and the national benchmark ($37,000). That 60th percentile ranking among Michigan programs matters here: with 35 schools offering this program statewide, OCC sits comfortably in the upper half, outperforming even Baker College's graduates. The earnings trajectory looks healthy too, climbing 14% to $46,109 by year four, suggesting graduates build valuable experience that translates to better-paying positions.

The debt picture is reasonable at $21,496, producing a manageable 0.53 debt-to-earnings ratio. While slightly higher than Michigan's median debt load, it's well within the national middle range (38th percentile). A graduate could realistically pay this off within a few years while building accounting credentials that often lead to further advancement or certification.

The significant caveat: this data comes from fewer than 30 graduates, so individual outcomes could vary more widely than these numbers suggest. However, the consistency between OCC's results and other Michigan programs—plus the program's position above state averages—indicates genuine market value. For families seeking an affordable entry into accounting careers, this represents solid preparation at a manageable cost, particularly for students planning to work immediately after graduation or continue toward a bachelor's degree while employed.

Where Oakland Community College Stands

Earnings vs. debt across all accounting associates's programs nationally

Earnings Distribution

How Oakland Community College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Oakland Community College$40,424$46,109+14%
Southern New Hampshire University$37,986$53,096+40%
Connecticut State Community College$42,591$52,194+23%
Grand Rapids Community College$35,538$42,721+20%
Baker College$36,181$38,187+6%

Compare to Similar Programs in Michigan

Accounting associates's programs at peer institutions in Michigan (35 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Oakland Community CollegeAuburn Hills$3,020$40,424$46,109$21,4960.53
Baker CollegeOwosso$12,810$36,181$38,187$26,0670.72
Grand Rapids Community CollegeGrand Rapids$4,059$35,538$42,721$12,7500.36
National Median—$37,000—$19,3540.52

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 Oakland Community College, approximately 27% 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.

Sample Size: Based on 22 graduates with reported earnings and 41 graduates with debt data. Small samples may not be representative.