Analysis
A debt-to-earnings ratio of 0.28 represents solid financial footing for a technical credential. Based on comparable programs nationally, graduates can expect first-year earnings around $41,500 against estimated debt of roughly $11,600—meaning less than three months of gross income to clear what's borrowed. For a two-year degree leading directly to skilled manufacturing work, that's a manageable load that shouldn't derail other financial goals.
The caveat here is uncertainty. Both the earnings and debt figures are estimates derived from peer programs because Carteret's graduate cohort is too small for the Department of Education to publish. Central Piedmont's reported figure of $40,149 for the same credential suggests these national estimates are reasonable for North Carolina, but without Carteret-specific data, parents can't know whether this program consistently places graduates into good-paying jobs or struggles with employer connections. Small cohorts can mean either intimate, high-quality training or a program that hasn't gained traction with local industry.
Before committing, talk to the program director about recent graduate outcomes and employer partnerships in the Morehead City area. Precision metalworking skills travel well—CNC machinists and welders find work across industries—but you want confidence that this specific program delivers on that promise, not just assurance that similar programs elsewhere do.
Where Carteret Community College Stands
Earnings vs. debt across all precision metal working associates's programs nationally
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 |
|---|---|---|---|---|---|
| $2,310 | $41,504* | — | $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 Carteret Community College, approximately 38% 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.