Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs — see details below.
Analysis
An estimated debt load of $16,000 against first-year earnings around $37,000 suggests a manageable financial start for Quinsigamond's accounting graduates. These figures, drawn from national peer programs, place the debt-to-earnings ratio at 0.43—well within what financial advisors consider reasonable for an associate degree. What's encouraging is that the estimated debt runs about $3,000 below the national median for similar programs, while earnings track closely with both state and national benchmarks. With nearly 40% of students receiving Pell grants, the program appears to serve students seeking an affordable path into accounting work.
The real question is whether an associate degree provides enough career runway in accounting. The field increasingly favors candidates with bachelor's degrees for advancement beyond bookkeeping and basic tax preparation roles. However, comparable Massachusetts programs—Northern Essex and Bunker Hill community colleges—report actual first-year earnings in the $36,000-$38,000 range, suggesting the associate credential does open doors to entry-level positions. Many graduates use this degree as a stepping stone, working while completing their bachelor's remotely or part-time.
For families prioritizing low debt and quick workforce entry, this path makes sense if your child plans to continue their education eventually. The modest debt burden leaves room to invest in that bachelor's degree without drowning in compounding loans from six years of continuous study.
Where Quinsigamond Community College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Massachusetts
Accounting associates's programs at peer institutions in Massachusetts (16 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $5,974 | $37,001* | — | $15,979* | — | |
| $5,688 | $37,960* | $49,609 | $11,633* | 0.31 | |
| $5,520 | $35,602* | $49,823 | $14,250* | 0.40 | |
| 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 Quinsigamond Community College, approximately 39% 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.