Analysis
An estimated debt load of around $16,000 for an associate's in accounting represents a manageable starting point, especially when similar programs nationally suggest first-year earnings near $37,000. That debt-to-earnings ratio of 0.43 means graduates would owe less than half their annual salary—a reasonable threshold by most measures. While Phoenix College's actual outcomes aren't available due to small graduate cohorts, nearby Pima Community College reports $37,358 for its accounting graduates, and the state median sits just above $38,000, suggesting this field delivers fairly consistent returns across Arizona's community colleges.
The practical advantage here is that accounting credentials stack well—many students use an associate's to enter the workforce quickly in bookkeeping or accounts payable roles, then pursue further certification or a bachelor's degree while employed. The estimated figures align closely with what Arizona's other accounting programs actually produce, which provides some confidence in the projection. For a family concerned about keeping costs down while building employable skills, this path offers a contained financial risk with clear next steps, though you'll want to verify that Phoenix College's specific job placement rates and transfer agreements match your student's goals beyond the associate's degree.
Where Phoenix College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Arizona
Accounting associates's programs at peer institutions in Arizona (21 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $2,358 | $37,001* | — | $15,979* | — | |
| $9,552 | $38,794* | $39,413 | $24,793* | 0.64 | |
| $2,370 | $37,358* | $34,454 | $12,098* | 0.32 | |
| 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 Phoenix College, approximately 29% 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.