Analysis
At an estimated $16,000 in debt, this associate's degree appears manageable if the earnings estimates hold true. Similar accounting programs nationwide suggest first-year earnings around $37,000, which would make the debt burden—roughly 43% of that first year's salary—relatively modest. The actual outcomes for South Arkansas College graduates could differ, but comparable two-year accounting programs typically position graduates for steady entry-level work in bookkeeping, payroll, or accounts payable roles.
The bigger question is whether an associate's is enough for your child's career goals. Many accounting positions, particularly those requiring CPA licensure, demand a bachelor's degree or higher. If your child plans to stop at this credential, they'll likely find work but with limited advancement potential. If they intend to transfer and complete a four-year degree, this could serve as an affordable foundation—the relatively low debt estimate suggests they wouldn't be starting their bachelor's program already financially stretched.
With 42% of students receiving Pell grants, South Arkansas College clearly serves a cost-conscious population. If your child needs to work while studying or wants to test whether accounting suits them before committing to a four-year program, this path offers a lower-risk entry point. Just ensure they understand the career ceiling that comes with stopping at an associate's level.
Where South Arkansas College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs Nationally
Accounting associates's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $3,204 | $37,001* | — | $15,979* | — | |
| $2,550 | $58,469* | $44,916 | $22,215* | 0.38 | |
| $8,216 | $52,576* | $50,545 | $24,956* | 0.47 | |
| $31,168 | $52,576* | $50,545 | $24,956* | 0.47 | |
| $5,050 | $49,685* | $48,712 | —* | — | |
| $6,270 | $48,832* | — | $19,254* | 0.39 | |
| 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 South Arkansas College, approximately 42% 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.