Analysis
Drawing from comparable Virginia accounting programs, this associate's degree shows earnings around $36,958 in the first year—right at the state median and nearly identical to the national benchmark of $37,000. That's middle-of-the-pack performance, though it's worth noting that Liberty University's graduates in the state earn about $4,000 more annually. The estimated debt load of roughly $16,000 is notably lower than both the Virginia median ($26,291) and national median ($19,354) for similar programs, which matters when you're starting a career in an entry-level accounting role.
The debt-to-earnings ratio of 0.43 suggests manageable repayment—you're looking at less than half a year's salary in debt, compared to the typical community college borrower who faces closer to 0.7 times their annual earnings. For a field like accounting where professional growth often depends on gaining certifications and experience rather than credential prestige, starting with lower debt provides flexibility. The 29% Pell grant rate indicates this program serves a mix of students, not exclusively those with the most financial need.
The bottom line: Based on peer program outcomes, this appears to be a reasonable entry point into accounting if the goal is to minimize borrowing while building toward certification or a bachelor's degree. The debt burden is light enough that students won't be hamstrung by payments while establishing themselves in the field.
Where Virginia Peninsula Community College Stands
Earnings vs. debt across all accounting associates's programs nationally
Compare to Similar Programs in Virginia
Accounting associates's programs at peer institutions in Virginia (25 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $4,944 | $36,958* | — | $15,979* | — | |
| $21,222 | $40,500* | $35,846 | $27,526* | 0.68 | |
| $18,457 | $36,958* | $38,715 | $26,291* | 0.71 | |
| $5,714 | $29,056* | $36,710 | $11,872* | 0.41 | |
| 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 Virginia Peninsula Community College, approximately 29% 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 3 similar programs in VA. Actual outcomes may vary.