Analysis
The leap from estimated first-year earnings of $41,500 to actual reported earnings of $71,300 by year four tells a compelling story about skilled trades trajectories. Based on national benchmarks for precision metal working programs, Cape Fear's graduates appear to start near the median and then see substantial income growth—though it's worth remembering that first-year figure comes from peer programs nationally, not Cape Fear's specific outcomes.
With estimated debt around $11,600, the financial picture looks manageable even in that estimated lower-earning first year. The debt-to-earnings ratio of 0.28 suggests your child could realistically pay this off while establishing themselves in the field. What really matters here is that year-four earnings figure of $71,300—that's reported data showing where graduates actually land once they've gained experience and certifications in the trade.
The practical takeaway: skilled metal working offers a path to solid middle-class earnings without the debt burden of a four-year degree. The uncertainty lies in that first year's earnings estimate, but the strong year-four outcomes and relatively modest debt load suggest this program delivers value. If your child has aptitude for precision work and wants to earn while learning on the job, this represents a low-risk entry into manufacturing—a sector where experienced workers command real wages.
Where Cape Fear Community College Stands
Earnings vs. debt across all precision metal working associates's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Cape Fear Community College | — | $71,330 | — |
| Ferris State University | $56,811 | $77,380 | +36% |
| Hennepin Technical College | $59,829 | $73,136 | +22% |
| Ivy Tech Community College | $56,292 | $64,893 | +15% |
| Central Piedmont Community College | $40,149 | $46,439 | +16% |
Compare to Similar Programs in North Carolina
Precision Metal Working associates's programs at peer institutions in North Carolina (42 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $2,748 | $41,504* | $71,330 | $11,562* | — | |
| $2,792 | $40,149* | $46,439 | —* | — | |
| National Median | — | $41,504* | — | $12,000* | 0.29 |
Career Paths
Occupations commonly associated with precision metal working graduates
Sheet Metal Workers
Machinists
Tool and Die Makers
Welders, Cutters, Solderers, and Brazers
Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic
Forging Machine Setters, Operators, and Tenders, Metal and Plastic
Rolling Machine Setters, Operators, and Tenders, Metal and Plastic
Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic
Drilling and Boring Machine Tool Setters, Operators, and Tenders, Metal and Plastic
Grinding, Lapping, Polishing, and Buffing Machine Tool Setters, Operators, and Tenders, Metal and Plastic
Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic
Milling and Planing Machine Setters, Operators, and Tenders, Metal and Plastic
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 Cape Fear Community College, approximately 18% 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 national median of 56 similar programs. Actual outcomes may vary.