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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $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 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.