Analysis
California's community college accounting programs typically deliver solid returns, and Santa Monica College appears positioned in that tradition. With estimated first-year earnings around $37,000—close to both state and national medians—graduates from peer programs enter the workforce earning roughly what employers pay entry-level accounting associates across the region. The estimated debt load of $16,000 is notably lower than both state and national benchmarks, creating a debt-to-earnings ratio of 0.43 that suggests manageable repayment.
What matters here is the community college advantage: lower costs for credentials that employers actually recognize. Similar two-year accounting programs in California produce graduates earning between $35,000 and $41,000, showing that the pathway itself has consistent value regardless of which specific college you attend. The real question is whether your child plans to continue toward a bachelor's—many use the associate's as a stepping stone—or enter the workforce directly in bookkeeping or accounts payable roles.
Given that these figures come from comparable programs rather than Santa Monica's specific outcomes, verify the college's transfer agreements if a four-year degree is the goal, or check their job placement support if immediate employment is the plan. Either way, the estimated numbers suggest reasonable value for an entry-level accounting credential.
Where Santa Monica College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in California
Accounting associates's programs at peer institutions in California (110 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $1,156 | $37,001* | — | $15,979* | — | |
| — | $41,351* | — | $17,375* | 0.42 | |
| $1,364 | $34,604* | — | —* | — | |
| 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 Santa Monica College, approximately 26% 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.