Analysis
Saint Paul College's accounting associate degree offers a practical path into a field where credentials translate directly to employability. Based on comparable Minnesota programs, graduates typically earn around $43,520 in their first year—right at the state median for this degree—with earnings climbing to $45,636 by year four. The estimated debt load of about $21,500 produces a debt-to-earnings ratio under 0.5, meaning graduates could realistically manage repayment while building toward career stability in bookkeeping, accounts payable, or tax preparation roles.
The challenge is that these estimates can't tell you how Saint Paul's specific program performs relative to nearby competitors. The school serves a substantial Pell grant population (40%), which speaks to accessibility, but nearby Century College and North Hennepin report higher actual earnings for their accounting graduates—$47,000 to nearly $50,000—suggesting program quality or employer connections can vary significantly even within the Twin Cities metro area. Four-year earnings barely budging from year one also suggests this degree may reach its ceiling quickly without additional credentials.
For families weighing this investment, the math works if your student needs an affordable entry point into accounting work and can stomach some uncertainty about this particular program's track record. The debt is manageable, the field is stable, and the credential opens doors—but confirming whether Saint Paul's graduates match or trail those state benchmarks would strengthen your confidence considerably.
Where Saint Paul College Stands
Earnings vs. debt across all accounting associates's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Saint Paul College | — | $45,636 | — |
| Anoka-Ramsey Community College | $43,520 | $50,060 | +15% |
| North Hennepin Community College | $49,685 | $48,712 | -2% |
| Dakota County Technical College | $37,289 | $48,370 | +30% |
| Rasmussen University-Minnesota | $43,765 | $44,358 | +1% |
Compare to Similar Programs in Minnesota
Accounting associates's programs at peer institutions in Minnesota (28 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $6,318 | $43,520* | $45,636 | $21,469* | — | |
| $5,050 | $49,685* | $48,712 | —* | — | |
| $6,182 | $46,996* | $42,456 | —* | — | |
| $10,899 | $43,765* | $44,358 | $23,823* | 0.54 | |
| $5,682 | $43,520* | $50,060 | $22,083* | 0.51 | |
| $5,900 | $39,742* | $34,414 | $26,790* | 0.67 | |
| 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 Saint Paul College, approximately 40% 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.