Public · COLLEGE PAYOFF

Lake Area Technical College

Watertown, SD · 20 reportable field-and-credential outcomes

MODELED SCENARIO · Negative payoff

−$240,616 over 10 years

Modeled from observed year-5 institution earnings and the institution-wide average net price over four years.

At these assumptions, the estimated earnings premium does not recover the modeled economic investment within ten years.

739.1 yrsModeled economic break-even
−99%Modeled 10-year ROI
$45,330Observed earnings · year 5
Economic ROI includes direct price and earnings forgone during study · $45,000 comparison earnings · values held flat · see the formula
ECONOMIC INVESTMENT → PAYBACK

Estimated payoff over ten years.

The scenario counts direct price and earnings forgone upfront, then applies the reported annual earnings premium.

10-YEAR PAYOFF CURVECumulative economic payoff after graduation
−$240,616at year 10
Net gainInvestment not yet recovered
NET GAIN$0UNRECOVERED
−$243,9160
2
4
6
8
−$240,61610
Years after graduationBreak-even: 739.1 years
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.

Published in-state tuition$6,718
Sticker price
Published out-of-state tuition$6,718
Sticker price
Average net price$15,979
Title IV student average
Cost of attendance$19,637
Tuition + living budget
PRICE SOURCECollege reported · annual amount · federal dataset
OBSERVED FEDERAL MEASURES

Cost, debt, completion and earnings context

$15,979Average net price / year
$19,637Cost of attendance
$12,000Median federal student debt · completer borrowers
$127/moPublished 10-year payment estimate
$45,330Median earnings · year 5 after completion
73.1%Completion rate
Not availableAdmission rate
1,812Student size

Institution debt covers federal student-loan borrowers who completed. Parent PLUS and private loans are excluded; missing and privacy-suppressed values remain unavailable.

PRICE BY FAMILY INCOME

Average net price is not one price

Federal averages for aided students in each family-income band. Your aid offer can differ.

$0–30k$11,193
$30–48k$12,971
$48–75k$14,129
$75–110k$18,118
$110k+$18,230
LONGER-TERM CONTEXT

What happens beyond the first earnings measure

Year 5$45,330
Year 6$43,659
Year 10$45,473
Full-time retention
81.3%
Part-time retention
77.8%
Completion within 200% of normal time
65.1%

Earnings timepoints may use different historical cohorts and should not be read as one group’s guaranteed salary growth.

NATIONAL CONTEXT

How this college compares

Percentiles compare this institution with currently operating colleges that report the same federal measure.

50thEarnings percentile
72thCompletion percentile
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.

$49,693Median year-4 earnings across reportable program categories
$12,000Median federal debt across categories that report debt
47%Of earnings-reporting categories above their same-field national benchmark
EARNINGS PATH

Reported earnings over time

$42,193Year 1
$49,488Year 4
$45,330Year 5

Separate federal cohorts may underlie different measurement years.

PROGRAM PAYOFF SPREAD

The college average is not the whole story.

Observed earnings vary substantially by field and credential at the same institution.

1Construction Engineering Technology/Technician · Associate's Degree$72,2252Electromechanical Technologies/Technicians · Associate's Degree$69,9533Vehicle Maintenance and Repair Technologies/Technicians · Associate's Degree$60,7634Computer Science · Associate's Degree$60,7525Practical Nursing, Vocational Nursing and Nursing Assistants · Undergraduate Certificate or Diploma$56,6336Criminal Justice and Corrections · Associate's Degree$52,8227Clinical/Medical Laboratory Science/Research and Allied Professions · Associate's Degree$51,4028Precision Metal Working · Associate's Degree$51,201

Observed year-4 earnings · compare like fields and credentials before deciding

BUILD A REAL SHORTLIST

Comparable colleges in SD

Currently operating public institutions with the closest combination of annual net price and observed year-5 earnings. Similarity is descriptive—not a quality ranking.

Spearfish, SD

Black Hills State University

Annual net price
$15,911
Observed earnings · year 5
$46,420
Modeled 10-year ROI
-94%
Open college profile →
Rapid City, SD

Western Dakota Technical College

Annual net price
$12,670
Observed earnings · year 5
$43,662
Modeled 10-year ROI
-106%
Open college profile →
Aberdeen, SD

Northern State University

Annual net price
$15,812
Observed earnings · year 5
$51,509
Modeled 10-year ROI
-73%
Open college profile →
Sioux Falls, SD

Southeast Technical College

Annual net price
$17,400
Observed earnings · year 5
$50,646
Modeled 10-year ROI
-77%
Open college profile →
ALL REPORTABLE PROGRAM CATEGORIES

Explore exact field-and-credential outcomes

Federal fieldCredentialEarnings, year 4Federal debt
Construction Engineering Technology/TechnicianAssociate's Degree$72,225$12,000
Electromechanical Technologies/TechniciansAssociate's Degree$69,953$13,125
Vehicle Maintenance and Repair Technologies/TechniciansAssociate's Degree$60,763$12,000
Computer ScienceAssociate's Degree$60,752$12,458
Practical Nursing, Vocational Nursing and Nursing AssistantsUndergraduate Certificate or Diploma$56,633$17,600
Criminal Justice and CorrectionsAssociate's Degree$52,822$12,000
Clinical/Medical Laboratory Science/Research and Allied ProfessionsAssociate's Degree$51,402Not available
Precision Metal WorkingAssociate's Degree$51,201$11,001
Vehicle Maintenance and Repair Technologies/TechniciansUndergraduate Certificate or Diploma$50,334Not available
Precision Metal WorkingUndergraduate Certificate or Diploma$49,693Not available
Agricultural Business and ManagementAssociate's Degree$48,305$12,000
Building/Construction Finishing, Management, and InspectionAssociate's Degree$47,946$12,000
Finance and Financial Management ServicesAssociate's Degree$47,420$17,374
MarketingAssociate's Degree$43,632$14,250
Allied Health and Medical Assisting ServicesAssociate's Degree$43,574$14,510
Dental Support Services and Allied ProfessionsUndergraduate Certificate or Diploma$38,313$8,250
Human Services, GeneralAssociate's Degree$37,135$12,000
Cosmetology and Related Personal Grooming ServicesUndergraduate Certificate or Diploma$35,222$12,000
Human Services, GeneralUndergraduate Certificate or Diploma$34,188Not available
Registered Nursing, Nursing Administration, Nursing Research and Clinical NursingAssociate's DegreeNot available$26,212

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.