Analysis
Looking at comparable accounting programs across North Carolina, graduates typically earn around $44,600 in their first year—putting this field well above the national median of $37,000 for associate's-level accounting. With estimated debt of roughly $16,000, you're looking at a debt load equal to about a third of first-year income. That's a manageable ratio that most graduates can handle, especially considering NC's relatively strong accounting market supports these earnings from the start.
The challenge here is that we're working entirely with estimates drawn from peer programs since this specific program's graduate cohort is too small for the Department of Education to report. The state figures come from just three NC programs with published data, and the debt estimate reflects national patterns at similar community colleges. What we can say is that other community college accounting programs in North Carolina—including Central Piedmont and Wake Tech—are producing graduates in this same $44,000-$45,000 range, suggesting the field has consistent demand across the state.
For a two-year degree, these numbers suggest reasonable value if your child commits to the accounting track. The debt burden won't be crushing, and the credential appears to command decent starting wages in the NC market. Just recognize you're making this decision based on what similar programs achieve, not this school's specific track record.
Where Rowan-Cabarrus Community College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in North Carolina
Accounting associates's programs at peer institutions in North Carolina (52 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $2,064 | $44,616* | — | $15,979* | — | |
| $2,792 | $45,092* | — | —* | — | |
| $2,336 | $44,616* | $43,263 | $20,953* | 0.47 | |
| $2,524 | $32,979* | — | —* | — | |
| 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 Rowan-Cabarrus Community College, approximately 28% 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 NC. Actual outcomes may vary.