ROI Major

Accounting and Related Services at Iowa Lakes Community College

IA · Associate's Degree · CIP 52.03

Apply Now Data: 2026 release

Executive Summary

Graduates with a Accounting and Related Services degree from Iowa Lakes Community College earn a median salary of $39,021 within five years of graduation. Adjusted for the cost of living in IA, this represents a national purchasing power equivalent of $43,746. The degree typically pays for itself in 21.8 years.

Quick Insights

Slow Burn / High Debt Risk

How this degree looks at a glance

A fast read on salary range, break-even speed, living-cost impact, and where graduates from this school usually land.

Salary Ranges

Starting Range

$33,505

Typical Career

$39,021

Top Performers

$47,460

Estimated break-even: 21.8 years.

Debt-to-Income Check

$260

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $3,252. Most students can comfortably afford about a $260 monthly loan payment with this degree.

Comparison Bench

This degree earns 1.0x more than the average US high school graduate and 0.5x more than the average college graduate.

Purchasing Power Context

A dollar in Iowa buys what costs $0.89 nationally.

Industry Breadcrumbs

Top industries for bachelor's graduates from this school: Health Care & Social Assistance, Manufacturing, Retail Trade.

Where Associate's Graduates from This School Work

Health Care & Social Assistance 27.5%
Manufacturing 11.9%
Retail Trade 10.1%

Institution-wide industry mix for graduates, 5 years after graduation. This is not major-specific. Source: Census PSEO Flows.

5-Year Median Salary — National Purchasing Power Equivalent

$43,746

Nominal: $39,021 in Iowa (COL 89.2% of national avg) · 12.1% higher purchasing power

10-Year Earnings Curve

Break-Even Timeline

How long until cumulative earnings advantage exceeds total college investment (tuition + opportunity cost vs. entering workforce directly after high school).

21.8 years to break even
Graduation 15 years

Total Investment

$155,168

4yr tuition + 4yr opportunity cost

HS Graduate Baseline

$38,792/yr

BLS 2023 median, HS diploma

View Raw Data: Median Earnings by Year
Timeframe 25th Pct. Median (50th) 75th Pct.
1 Year After Graduation $27,237 $34,840 $43,384
5 Years After Graduation $33,505 $39,021 $47,460
10 Years After Graduation $36,674 $49,855 $67,343

Source: US Census Bureau Post-Secondary Employment Outcomes (PSEO), 2025 release. Earnings shown for Bachelor's degree graduates (all cohorts combined).

How We Calculate Purchasing Power

The median salary of $39,021 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in IA, which has a cost-of-living index of 89.2% of the national average.

Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $39,021 × (1.0 ÷ 0.8920) = $43,746 National Average equivalent.

COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →

Career Verdict

Graduates from the Accounting and Related Services program at Iowa Lakes Community College can expect a steady earnings trajectory. The median earnings one year after graduation stand at $34,840, increasing to $39,021 five years post-graduation, and reaching $49,855 after ten years. When adjusted for purchasing power, the median five-year salary aligns more closely with a national equivalent of $43,745.52, indicating that while initial earnings may be modest, they can improve significantly over time, particularly when considering the cost of living in Iowa.

The program's graduates predominantly enter the Health Care & Social Assistance sectors, which account for 43.4% and 27.5% of employment, followed by Manufacturing at 19.2%. With an estimated break-even point of approximately 21.8 years compared to a high-school-only path, the return on investment for pursuing this degree may be favorable for those committed to the field. Overall, while the initial financial return may take time to materialize, the long-term earnings potential and industry demand suggest a viable career path for students.

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Data sources: US Census Bureau Post-Secondary Employment Outcomes (PSEO). Cost-of-living index: BLS Regional CPI & MIT Living Wage Project. Cost of attendance: IPEDS. For informational use only; data may be suppressed for small cohort sizes.