Est. Earnings (1yr)
$48,489
Est. from NC median (21 programs)
Est. Median Debt
$22,814
Est. from NC median (11 programs)

Analysis

A bachelor's in accounting from Wake Techβ€”a community collegeβ€”is 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 $70,000β€”both 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 playβ€”but 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)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Wake Technical Community CollegeRaleigh$2,336$48,489*β€”$22,814*β€”
Elon UniversityElon$44,536$69,764*$87,359$20,000*0.29
North Carolina State University at RaleighRaleigh$8,895$56,606*$70,576$20,946*0.37
Appalachian State UniversityBoone$7,541$55,671*$67,922$23,262*0.42
Belmont Abbey CollegeBelmont$19,500$55,224*$60,099$25,982*0.47
University of North Carolina AshevilleAsheville$7,461$53,705*$55,852$22,612*0.42
National Medianβ€”$53,694*β€”$25,000*0.47
* Estimated from similar programs

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
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.