Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs — see details below.
Analysis
Similar accounting associate's programs across Minnesota typically produce first-year earnings around $43,500, putting South Central College's estimated outcomes right at the state median. That's meaningful context: the school appears competitive with peer institutions, though it sits below top performers like North Hennepin ($49,685) and Century College ($46,997). The estimated debt of roughly $21,500 creates a manageable debt-to-earnings ratio of 0.49—meaning graduates earning at typical levels could reasonably pay this off within a few years while building their careers.
What makes this picture more encouraging is the earnings trajectory. At $42,964 four years out, graduates are holding steady rather than seeing the significant growth some fields offer, but they're also maintaining earnings well above the national median of $37,000 for this credential. Minnesota's accounting market appears stronger than most states, and comparable programs suggest South Central's graduates benefit from that regional advantage.
The practical calculus here: if your student borrows the estimated amount and earns what similar programs produce, they're looking at half a year's salary in debt for immediate entry into a stable field. That's a reasonable trade-off, though families should recognize these aren't actual outcomes for South Central's specific graduates—they're projections based on similar Minnesota programs. Request the school's own placement data and consider whether your student could access one of the higher-earning programs in the Twin Cities metro area.
Where South Central 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 |
|---|---|---|---|
| South Central College | — | $42,964 | — |
| 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 |
|---|---|---|---|---|---|
| $6,146 | $43,520* | $42,964 | $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 South Central College, approximately 32% 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.