10-YEAR PAYOFF CURVECumulative economic payoff after graduation
−$413,650at year 10Net gainInvestment not yet recovered
NET GAIN$0UNRECOVERED
Great Lakes Institute of Technology
⌖ Erie, PA · 8 reportable field-and-credential outcomes
10-year estimate · Negative payoff
−$413,650 over 10 years
Modeled from observed year-5 institution earnings and the institution-wide average net price over four years.
With these assumptions, the added earnings do not recover the cost within ten years.
Not availableModeled economic break-even
−165%Modeled 10-year ROI
$28,651Observed earnings · year 5
Not reachedMaximum annual price for positive 10-year payoff
What the numbers say about Great Lakes Institute of Technology
What does Great Lakes Institute of Technology cost?
Great Lakes Institute of Technology reports an average annual net price of $17,540 after grants and scholarships. This is an institution-wide average, not an individual aid offer.
What do Great Lakes Institute of Technology graduates earn?
The observed median earnings figure is $28,651 5 years after completion. It describes a federal cohort, not a guaranteed starting salary.
How much federal debt do Great Lakes Institute of Technology graduates have?
Completer borrowers report median cumulative federal student debt of $11,250. Parent PLUS and private loans are not included.
Is every degree at Great Lakes Institute of Technology worth the same?
No. DegreeVerdict currently shows 8 field-and-credential outcomes at Great Lakes Institute of Technology; reported earnings and debt can differ substantially by program category.
ECONOMIC INVESTMENT → PAYBACK
Estimated payoff over ten years.
The scenario counts direct price and earnings forgone upfront, then applies the reported annual earnings premium.
FEDERAL COST DATA
Four ways to read college price.
Annual college-wide figures from the current College Scorecard release. Average net price covers full-time, first-time undergraduates receiving federal aid; public-college figures use in-state students. Program tuition and individual aid offers may differ.
PRICE SENSITIVITY
The price can change the verdict.
Hold observed earnings constant and see how the modeled ten-year payoff changes as annual price rises.
← Negative payoff$0Positive payoff →
$0Annual price−$343,490
$8,000Annual price−$375,490
$16,000Annual price−$407,490
$18,000Current college-wide context−$415,490
$24,000Annual price−$439,490
$32,000Annual price−$471,490
$40,000Annual price−$503,490
COLLEGE AT A GLANCE
Institution details
Current federal characteristics describing the college, not the outcomes of a specific program.
- Accreditor
- Accrediting Commission of Career Schools and Colleges
- Main award level
- Certificates
- Campus setting
- Suburban
- Admissions
- Open admission
- Delivery
- Campus or mixed delivery
- Federal designation
- No special designation reported
Cost, debt, completion and earnings context
$17,540Average net price / year
$23,028Cost of attendance
$11,250Median federal student debt · completer borrowers
$119/moPublished 10-year payment estimate
$28,651Median earnings · year 5 after completion
63.7%Completion rate
Not availableAdmission rate
335Student size
Institution debt covers federal student-loan borrowers who completed. Parent PLUS and private loans are excluded; missing and privacy-suppressed values remain unavailable.
NATIONAL CONTEXT
How this college compares
Percentiles compare this institution with currently operating colleges that report the same federal measure.
WHAT STANDS OUT
A faster read on this college
These summaries use only reportable field-and-credential records at this institution. They do not fill privacy-suppressed outcomes.
EARNINGS PATH
Reported earnings over time
$25,428Year 1
$32,970Year 4
$28,651Year 5
Separate federal cohorts may underlie different measurement years.
The college average is not the whole story.
Observed earnings vary substantially by field and credential at the same institution.
1Allied Health Diagnostic, Intervention, and Treatment Professions · Associate's Degree$52,5512Practical Nursing, Vocational Nursing and Nursing Assistants · Undergraduate Certificate or Diploma$40,8113Allied Health and Medical Assisting Services · Undergraduate Certificate or Diploma$34,0484Veterinary/Animal Health Technologies/Technicians · Undergraduate Certificate or Diploma$33,9775Health and Medical Administrative Services · Associate's Degree$33,7746Dental Support Services and Allied Professions · Undergraduate Certificate or Diploma$31,9977Cosmetology and Related Personal Grooming Services · Undergraduate Certificate or Diploma$21,745Observed year-4 earnings · compare like fields and credentials before deciding
Programs that stand out against the same-degree benchmark
This view rewards performance relative to the same field and credential, not simply majors that pay more everywhere.
1Allied Health and Medical Assisting ServicesUndergraduate Certificate or Diploma · $34,048 reported-1%vs same-degree national median$11,629federal debt2Veterinary/Animal Health Technologies/TechniciansUndergraduate Certificate or Diploma · $33,977 reported-3%vs same-degree national median$10,208federal debt3Dental Support Services and Allied ProfessionsUndergraduate Certificate or Diploma · $31,997 reported-5%vs same-degree national median$10,690federal debt4Health and Medical Administrative ServicesAssociate's Degree · $33,774 reported-9%vs same-degree national medianNot availablefederal debt5Cosmetology and Related Personal Grooming ServicesUndergraduate Certificate or Diploma · $21,745 reported-17%vs same-degree national median$12,253federal debt6Allied Health Diagnostic, Intervention, and Treatment ProfessionsAssociate's Degree · $52,551 reported-20%vs same-degree national median$21,253federal debt
Comparable colleges in PA
Currently operating private for-profit institutions with the closest combination of annual net price and observed year-5 earnings. Similarity is descriptive, not a quality ranking.
Altoona, PA
The Salon Professional Academy-Altoona
- Annual net price
- $15,796
- Observed earnings · year 5
- $29,303
- Modeled 10-year ROI
- -165%
Bella Capelli Academy
- Annual net price
- $20,459
- Observed earnings · year 5
- $27,890
- Modeled 10-year ROI
- -165%
Miller-Motte College-Berks Technical Institute
- Annual net price
- $19,518
- Observed earnings · year 5
- $31,123
- Modeled 10-year ROI
- -154%
Jean Madeline Aveda Institute
- Annual net price
- $19,986
- Observed earnings · year 5
- $26,475
- Modeled 10-year ROI
- -171%
Explore exact field-and-credential outcomes
| Federal field | Credential | Earnings, year 4 | Federal debt | 2023–24 awards |
|---|---|---|---|---|
| Allied Health Diagnostic, Intervention, and Treatment Professions | Associate's Degree | $52,551 | $21,253 | Not reported |
| Practical Nursing, Vocational Nursing and Nursing Assistants | Undergraduate Certificate or Diploma | $40,811 | $23,958 | 20 |
| Allied Health and Medical Assisting Services | Undergraduate Certificate or Diploma | $34,048 | $11,629 | 11 |
| Veterinary/Animal Health Technologies/Technicians | Undergraduate Certificate or Diploma | $33,977 | $10,208 | 14 |
| Health and Medical Administrative Services | Associate's Degree | $33,774 | Not available | Not reported |
| Dental Support Services and Allied Professions | Undergraduate Certificate or Diploma | $31,997 | $10,690 | 12 |
| Cosmetology and Related Personal Grooming Services | Undergraduate Certificate or Diploma | $21,745 | $12,253 | 38 |
| Somatic Bodywork and Related Therapeutic Services | Undergraduate Certificate or Diploma | Not available | $9,500 | 15 |
Awards use first-major IPEDS completions aggregated to the same four-digit field and credential.
Earnings, price, completion and enrollment are observed federal measures. ROI, payoff and break-even are modeled scenarios built from those measures and fixed assumptions. College payoff is not the payoff of every degree at this school; use the program table for a more precise comparison.