Analysis
Based on similar accounting programs nationally, this associate degree appears to position graduates for modest but manageable outcomes, though Iowa's market tells a different story. Peer programs nationally suggest first-year earnings around $37,000 with debt near $16,000—a ratio under 0.5 that would normally signal reasonable value. The problem? Other Iowa accounting programs report substantially higher earnings, with Des Moines Area Community College graduates starting at $47,400. That's a $10,000 gap that's hard to ignore when the debt burden is similar.
The limited enrollment at Southwestern means we're working with estimates rather than actual graduate outcomes, which matters when there's this much variation within the state. Your child could land a solid entry-level accounting position that justifies the investment, but they're competing in a market where other Iowa community colleges appear to deliver stronger placement results. The lower estimated debt here provides some cushion, but it doesn't fully offset the earnings gap if those state-level patterns hold true.
If your child is geographically tied to this area or values the smaller school environment, this program could work—accounting skills are portable and the debt load is reasonable. But if they have flexibility, exploring whether those higher-earning programs are accessible might be worth the extra commute or relocation. The fundamentals aren't alarming; it's just that stronger options exist nearby.
Where Southwestern Community College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Iowa
Accounting associates's programs at peer institutions in Iowa (16 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $7,024 | $37,001* | — | $15,979* | — | |
| $5,550 | $47,400* | $46,268 | $22,250* | 0.47 | |
| 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 Southwestern Community College, approximately 24% 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.