2026 ROI Award Winner
Median Earnings (1yr)
$41,202
80th percentile
Median Debt
$14,750
44% above national median

Analysis

Charter College's HVAC program carries higher debt than most vocational certificates, but the earnings justify the premium. Graduates start at $41,200—beating 80% of HVAC programs nationwide—while the $14,750 in debt sits well below the concerning threshold. That 0.36 debt-to-earnings ratio means graduates can reasonably pay off their loans in under a year if they prioritize it, a solid position for a certificate program. The 11% earnings growth to $45,800 by year four suggests graduates are building marketable skills, not just getting entry-level credentials.

Alaska's limited HVAC training options (just three schools statewide) help explain both the higher tuition and strong outcomes. In a state where cost of living is elevated and skilled trades are in demand, this program performs right at the state median for earnings while being one of the few accessible pathways into the field. The robust sample size of 100+ graduates makes these numbers reliable, not a statistical fluke.

For families weighing this investment, the math works: your child would earn roughly $15,000 more in their first year compared to typical HVAC grads nationally, easily offsetting the slightly higher debt. With over half of students receiving Pell grants, the program serves working-class families who need a quick path to stable income. If your child is mechanically inclined and willing to work in Alaska's climate (literally), this delivers what vocational training should—immediate earnings that cover the investment cost.

Where Charter College Stands

Earnings vs. debt across all heating, air conditioning, ventilation and refrigeration maintenance technology/technician (hac, hacr, hvac, hvacr) certificate's programs nationally

Earnings Distribution

How Charter College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Charter College$41,202$45,809+11%
Perry Technical Institute$57,782$67,583+17%
St Cloud Technical and Community College$57,178$64,995+14%
Institute for Business and Technology$41,695$64,593+55%
National Career Education$41,695$64,593+55%

Compare to Similar Programs Nationally

Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician (HAC, HACR, HVAC, HVACR) certificate's programs at top institutions nationally

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Charter CollegeAnchorage$18,678$41,202$45,809$14,7500.36
Perry Technical InstituteYakima—$57,782$67,583$17,1460.30
St Cloud Technical and Community CollegeSaint Cloud$4,957$57,178$64,995$10,3940.18
Century CollegeWhite Bear Lake$6,182$52,870—$13,0000.25
Western Technical CollegeLa Crosse$4,716$52,820———
Iowa Western Community CollegeCouncil Bluffs$6,780$52,345———
National Median—$35,749—$10,2230.29

Career Paths

Occupations commonly associated with heating, air conditioning, ventilation and refrigeration maintenance technology/technician (hac, hacr, hvac, hvacr) graduates

Heating, Air Conditioning, and Refrigeration Mechanics and Installers

Install or repair heating, central air conditioning, HVAC, or refrigeration systems, including oil burners, hot-air furnaces, and heating stoves.

$59,810/yrJobs growth:Postsecondary nondegree award
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 Charter College, approximately 56% 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.

Sample Size: Based on 232 graduates with reported earnings and 258 graduates with debt data. Small samples may not be representative.