Analysis
Similar accounting programs in Virginia suggest first-year earnings around $37,000 for associate degree holders—a figure that aligns closely with the national median. The estimated debt load of roughly $16,000 is notably lighter than both the state median ($26,000) and national median ($19,000), giving this program a debt-to-earnings ratio of 0.43. That means graduates could theoretically pay off their loans in about five months of gross income, which is a reasonable starting point for an accounting career.
The catch is that these estimates come from peer programs, not Patrick & Henry's actual outcomes. What we do know is that nearly half of students here receive Pell grants, suggesting the college serves working-class families where even moderate debt matters. Accounting as a field offers clear pathways—bookkeeping, tax preparation, and entry-level corporate roles—but advancement typically requires a bachelor's degree or CPA certification. An associate degree can open doors to $35,000-$40,000 jobs, but growth beyond that often hits a ceiling without further education.
For families looking at this as a stepping stone—two affordable years before transferring to complete a bachelor's—the estimated numbers look workable. As a terminal degree for immediate employment, it depends on whether local employers in Martinsville are hiring for these roles. Check job listings in the region and ask the school about their actual placement rates before committing.
Where Patrick & Henry Community College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Virginia
Accounting associates's programs at peer institutions in Virginia (25 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $4,858 | $36,958* | — | $15,979* | — | |
| $21,222 | $40,500* | $35,846 | $27,526* | 0.68 | |
| $18,457 | $36,958* | $38,715 | $26,291* | 0.71 | |
| $5,714 | $29,056* | $36,710 | $11,872* | 0.41 | |
| 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 Patrick & Henry Community College, approximately 46% 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 VA. Actual outcomes may vary.