College ROI

Smarter Choices, Brighter Futures
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Lake Area Technical College

Watertown, SD 1,812 Undergrads 72.7% Grad Rate
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Total Cost
$19,637
Sticker Price
Avg Net Price
$15,979
After Aid
Median Earnings
$49,488
4yr Post-Grad

Vs. Peer Institutions

Net Price$15,979
Peer Midpoint: $9,847
Earnings (4yr Post-Grad)Completers only after graduation
$49,488
Peer Midpoint: $50,128
Earnings (10yr Post-Enroll)All enrolled after enrollment
$45,473
Peer Midpoint: $40,451
Graduation Rate72.7%
Peer Midpoint: 34.6%
Average Starting Age21.9
Socio-Economic Diversity
Pell Grant Recipients33.4%
Enrollment Status
Full-Time80.6%
Economic Outcomes
Earn More than HS75.6%

Admissions Profile

Acceptance
100.0%
SAT Avg
-
SAT Reading
25th: --75th: -
SAT Math
25th: --75th: -
ACT Composite
25th: --75th: -

ROI Sensitivity Analysis

This analysis tests three cost scenarios (Scholarship, Average Net Price, Full Sticker Price) to show how college costs impact your long-term return compared to the average student and a high school graduate.

Lifetime Value Added (NPV)

Institution Lifetime NPV
Vs Median Peer
Vs HS Grad
Zero Cost (Scholarship)$0
+$527k
+$12k
+$43k
Median Cost$16k/yr
+$498k
-$18k
+$14k
Full Cost$20k/yr
+$491k
-$24k
+$7k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
32
Median Cost$16k/yr
47
46%
Full Cost$20k/yr
53
19%
Analysis Assumptions:
  • Starting Salary: Estimated from the 4-year post-graduation median earnings (assuming 2% annual growth from graduation).
  • Comparisons: "Vs Median Peer" compares to the median student nationwide in a similar level program. "Vs HS Grad" compares to a median high school graduate.
  • Break-Even: The age at which the college investment net income exceeds the median high school graduate's lifetime earnings.
  • NPV: Net Present Value of all future earnings minus costs and taxes, discounted at 7.8%.

Social Impact ROINew

Measures the societal return on a donor's investment. Calculated as the incremental pre-tax lifetime earnings vs. HS grad, divided by the tax-adjusted donation cost.

Donor Return143%

Gov. Pell Grant ROINew

Measures the government's return on Pell Grants via increased tax revenue. Calculated as the portion of incremental lifetime taxes (discounted at 5.4%) attributed to the Pell Grant investment.

Taxpayer Return-14%
Important Note: Your ROI with any major will depend on the cost you pay to attend the program, and your starting salary. Both vary significantly across institutions. We encourage you to explore the ROI of a specific program variant by selecting the Program title of the credential level you are interested in. You will then have a more detailed return analysis for programs at specific institutions. We also encourage you to use the ROI calculator with your specific estimates of cost and salary.

Program ROI Analysis

Certificates

Cosmetology and Related Personal Grooming Services
CertCIP: 1204
Median Debt
$12,000
Earnings (4yr)
$35,222
Natl Median: $26,307
Lifetime Value Added
-$83k
Dental Support Services and Allied Professions
CertCIP: 5106
Median Debt
$5,500
Earnings (4yr)
$38,313
Natl Median: $33,673
Lifetime Value Added
-$49k
Entrepreneurial and Small Business Operations
CertCIP: 5207
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,211
Lifetime Value Added
N/A
Ground Transportation
CertCIP: 4902
Median Debt
-
Earnings (4yr)
-
Natl Median: $52,118
Lifetime Value Added
N/A
Human Services, General
CertCIP: 4400
Median Debt
-
Earnings (4yr)
$34,188
Natl Median: $36,390
Lifetime Value Added
-$95k
Practical Nursing, Vocational Nursing and Nursing Assistants
CertCIP: 5139
Median Debt
$9,500
Earnings (4yr)
$56,633
Natl Median: $56,073
Lifetime Value Added
+$147k
Precision Metal Working
CertCIP: 4805
Median Debt
-
Earnings (4yr)
$49,693
Natl Median: $48,702
Lifetime Value Added
+$74k
Vehicle Maintenance and Repair Technologies/Technicians
CertCIP: 4706
Median Debt
-
Earnings (4yr)
$50,334
Natl Median: $51,586
Lifetime Value Added
+$81k

Associate's Degrees

Agricultural Business and Management
AssocCIP: 0101
Median Debt
$12,000
Earnings (4yr)
$48,305
Natl Median: $47,825
Lifetime Value Added
+$2k
Allied Health and Medical Assisting Services
AssocCIP: 5108
Median Debt
$12,000
Earnings (4yr)
$43,574
Natl Median: $42,269
Lifetime Value Added
-$45k
Allied Health Diagnostic, Intervention, and Treatment Professions
AssocCIP: 5109
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,389
Lifetime Value Added
N/A
Building/Construction Finishing, Management, and Inspection
AssocCIP: 4604
Median Debt
$12,000
Earnings (4yr)
$47,946
Natl Median: $59,378
Lifetime Value Added
-$2k
Clinical/Medical Laboratory Science/Research and Allied Professions
AssocCIP: 5110
Median Debt
-
Earnings (4yr)
$51,402
Natl Median: $57,472
Lifetime Value Added
+$32k
Computer Science
AssocCIP: 1107
Median Debt
-
Earnings (4yr)
$60,752
Natl Median: $62,283
Lifetime Value Added
+$122k
Construction Engineering Technology/Technician
AssocCIP: 1510
Median Debt
$12,000
Earnings (4yr)
$72,225
Natl Median: $71,367
Lifetime Value Added
+$227k
Criminal Justice and Corrections
AssocCIP: 4301
Median Debt
$12,000
Earnings (4yr)
$52,822
Natl Median: $46,706
Lifetime Value Added
+$46k
Dental Support Services and Allied Professions
AssocCIP: 5106
Median Debt
-
Earnings (4yr)
-
Natl Median: $61,982
Lifetime Value Added
N/A
Electrical/Electronic Engineering Technologies/Technicians
AssocCIP: 1503
Median Debt
-
Earnings (4yr)
-
Natl Median: $67,792
Lifetime Value Added
N/A
Electromechanical Technologies/Technicians
AssocCIP: 1504
Median Debt
$12,000
Earnings (4yr)
$69,953
Natl Median: $73,046
Lifetime Value Added
+$206k
Finance and Financial Management Services
AssocCIP: 5208
Median Debt
$12,000
Earnings (4yr)
$47,420
Natl Median: $51,913
Lifetime Value Added
-$7k
Ground Transportation
AssocCIP: 4902
Median Debt
-
Earnings (5yr)
$53,442
Natl Median: $59,881
Lifetime Value Added
+$42k
Human Services, General
AssocCIP: 4400
Median Debt
$11,273
Earnings (4yr)
$37,135
Natl Median: $39,422
Lifetime Value Added
-$110k
Industrial Production Technologies/Technicians
AssocCIP: 1506
Median Debt
-
Earnings (4yr)
-
Natl Median: $73,593
Lifetime Value Added
N/A
Marketing
AssocCIP: 5214
Median Debt
$12,000
Earnings (4yr)
$43,632
Natl Median: $44,264
Lifetime Value Added
-$45k
Natural Resources Conservation and Research
AssocCIP: 0301
Median Debt
-
Earnings (4yr)
-
Natl Median: $45,634
Lifetime Value Added
N/A
Precision Metal Working
AssocCIP: 4805
Median Debt
$11,000
Earnings (4yr)
$51,201
Natl Median: $56,451
Lifetime Value Added
+$30k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
AssocCIP: 5138
Median Debt
$18,707
Earnings (4yr)
-
Natl Median: $80,813
Lifetime Value Added
N/A
Vehicle Maintenance and Repair Technologies/Technicians
AssocCIP: 4706
Median Debt
$12,000
Earnings (4yr)
$60,763
Natl Median: $58,424
Lifetime Value Added
+$122k

Note: Lifetime Value Added is the Net Present Value (NPV) of estimated career earnings relative to a median high school graduate (for undergraduate programs) or a median bachelor's degree holder (for graduate programs), accounting for this institution's average cost and taxes. Computed over a career to retirement age.

For graduate programs (Master's, Doctoral, etc.), the calculation assumes a starting age of 22 (after undergraduate completion) and does not include the sunk costs of prior degrees. It represents the value added of the graduate decision moving forward. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.

Completers Only: Federal median earnings data strictly reflects outcomes for students who successfully graduated. Students who do not complete their degree typically earn significantly less and face higher risks of debt default.