Analysis
A bachelor's in accounting from Wake Techβa community collegeβis unusual, and the estimated $22,814 in debt suggests this program might offer a different path than traditional four-year universities. Based on peer programs in North Carolina, accounting graduates typically earn around $48,489 in their first year, putting estimated debt at less than half that figure. That's a manageable ratio, especially compared to programs carrying $25,000-plus in debt for similar earnings.
The challenge is context. NC State graduates with accounting degrees report $56,606, while Elon grads clear nearly $70,000βboth substantially higher than what comparable programs suggest for Wake Tech. However, those traditional universities likely come with steeper costs upfront. If your child can complete this degree with debt below $23,000, they're positioning themselves to pay it off relatively quickly, even if their starting salary lags behind the flagship universities.
The practical question is whether Wake Tech's bachelor's program connects graduates to the same employers and career advancement opportunities as traditional four-year institutions. Community college bachelor's degrees are newer in North Carolina, so employment outcomes remain less certain. If the lower estimated debt holds true, this could be a value playβbut confirm job placement rates and CPA exam pass rates before committing. The debt-to-earnings picture looks reasonable; what matters now is whether employers view this credential on par with traditional accounting degrees.
Where Wake Technical Community College Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in North Carolina
Accounting bachelors's programs at peer institutions in North Carolina (37 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $2,336 | $48,489* | β | $22,814* | β | |
| $44,536 | $69,764* | $87,359 | $20,000* | 0.29 | |
| $8,895 | $56,606* | $70,576 | $20,946* | 0.37 | |
| $7,541 | $55,671* | $67,922 | $23,262* | 0.42 | |
| $19,500 | $55,224* | $60,099 | $25,982* | 0.47 | |
| $7,461 | $53,705* | $55,852 | $22,612* | 0.42 | |
| National Median | β | $53,694* | β | $25,000* | 0.47 |
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 Wake Technical Community College, approximately 27% 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 21 similar programs in NC. Actual outcomes may vary.