Est. Earnings (1yr)
$43,520
Est. from MN median (7 programs)
Est. Median Debt
$21,469
Est. from MN median (5 programs)

Analysis

Minnesota's community colleges produce accounting associates with solid earning potential, and Rochester Community and Technical College appears positioned around the middle of the pack. Similar programs across the state suggest first-year earnings near $43,520—roughly aligned with the state median and above the $37,000 national benchmark. That's meaningful income for a two-year credential, though it trails what graduates from North Hennepin and Century College typically earn by about $3,000-6,000.

The estimated debt load of $21,469 creates a manageable debt-to-earnings ratio of 0.49, meaning graduates would owe about half their first-year salary. This is reasonable for an associate's degree, particularly in a field with clear career pathways in Rochester's healthcare-heavy economy. For context, peer Minnesota community colleges report similar debt levels, suggesting this is the standard cost of entry for this credential in the state.

The challenge here is that we're working entirely with estimates—the school's actual graduate sample was too small to publish. That means you can't know whether Rochester Community and Technical College specifically prepares students as effectively as Century or North Hennepin, or whether its local employer connections deliver comparable outcomes. Given Rochester's strong job market and the program's alignment with state norms, it's likely a reasonable choice, but families should verify current job placement rates and consider whether the higher-earning programs elsewhere in Minnesota are accessible alternatives.

Where Rochester Community and Technical College Stands

Earnings vs. debt across all accounting associates's programs nationally

Compare to Similar Programs in Minnesota

Accounting associates's programs at peer institutions in Minnesota (28 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Rochester Community and Technical CollegeRochester$6,359$43,520*$21,469*
North Hennepin Community CollegeBrooklyn Park$5,050$49,685*$48,712*
Century CollegeWhite Bear Lake$6,182$46,996*$42,456*
Rasmussen University-MinnesotaSt. Cloud$10,899$43,765*$44,358$23,823*0.54
Anoka-Ramsey Community CollegeCoon Rapids$5,682$43,520*$50,060$22,083*0.51
Minnesota State Community and Technical CollegeFergus Falls$5,900$39,742*$34,414$26,790*0.67
National Median$37,000*$19,354*0.52
* Estimated from similar programs

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
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 Rochester Community and Technical 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 median of 7 similar programs in MN. Actual outcomes may vary.