Analysis
Comparable accounting associate degree programs nationally suggest first-year earnings around $37,000—a figure that aligns precisely with national benchmarks but exceeds what most Washington state programs typically produce. Washington's median for this credential sits at just $31,000, meaning Peninsula's peer-based estimate positions graduates above the state average, though real outcomes could vary significantly given the lack of school-specific data.
The estimated debt load of roughly $16,000 works out favorably against these projected earnings, creating a debt-to-earnings ratio of 0.43. That's manageable for an entry-level accounting position, especially compared to the national median debt of $19,000 for this credential. With monthly payments potentially around $180 on a standard repayment plan, graduates earning $37,000 would dedicate about 6% of gross income to loans—a sustainable scenario if the earnings materialize as estimated.
The uncertainty here matters more than usual. Peninsula's actual graduate outcomes remain unpublished due to small cohort sizes, so these figures represent what similar programs produce, not what this specific program delivers. For a parent whose child is set on staying in Port Angeles or rural Washington, the program could make sense given the reasonable estimated debt. But if mobility isn't an issue, exploring larger Washington community colleges with published data—like Spokane or Tacoma—would provide clearer expectations about actual outcomes rather than national projections.
Where Peninsula College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Washington
Accounting associates's programs at peer institutions in Washington (30 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $4,586 | $37,001* | — | $15,979* | — | |
| $4,057 | $33,193* | — | $21,207* | 0.64 | |
| $4,920 | $29,188* | $40,527 | —* | — | |
| 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 Peninsula College, approximately 31% 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 national median of 118 similar programs. Actual outcomes may vary.