Est. Earnings (1yr)
$41,504
Est. from national median (56 programs)
Est. Median Debt
$11,562
Est. from national median (20 programs)

Analysis

The estimated debt of $11,562 for this two-year precision metal working program puts the debt-to-earnings ratio at just 0.28—meaning based on national peer programs, first-year earnings of roughly $41,500 should allow graduates to cover their debt in about three months' worth of income. That's a solid financial starting point for a skilled trade. More encouraging is the actual four-year earnings figure of $51,031, showing meaningful wage growth as graduates gain experience and expertise in precision manufacturing.

Illinois has 27 schools offering similar programs, so competition for jobs should be manageable, and the Chicago metro area's diverse manufacturing sector provides natural demand for precision metalworkers. The relatively low Pell enrollment (22%) at Elgin Community College might suggest a student body with more financial resources, though this could also reflect the program's appeal to career-changers already established in manufacturing who are looking to advance.

The limitation here is that we're working with national estimates rather than Elgin's actual graduate outcomes—the school's cohorts are too small for the Department of Education to publish specific data. For a field where hands-on training quality and employer connections matter enormously, this means you're betting on the strength of Elgin's program without direct evidence. If your student has manufacturing experience or can secure an apprenticeship alongside coursework, that reduces the risk considerably. The debt level is low enough that even modest variation in outcomes shouldn't create financial hardship.

Where Elgin 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

School1 Year4 YearsGrowth
Elgin Community College$51,031
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%
Dunwoody College of Technology$55,188$61,261+11%

Compare to Similar Programs Nationally

Precision Metal Working associates's programs at top institutions nationally

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Elgin Community CollegeElgin$3,180$41,504*$51,031$11,562*
Hennepin Technical CollegeBrooklyn Park$5,881$59,829*$73,136*
Ferris State UniversityBig Rapids$13,630$56,811*$77,380$17,500*0.31
Ivy Tech Community CollegeIndianapolis$4,912$56,292*$64,893$6,810*0.12
Dunwoody College of TechnologyMinneapolis$25,659$55,188*$61,261$12,000*0.22
Vincennes UniversityVincennes$6,886$54,908*$52,065$12,000*0.22
National Median$41,504*$12,000*0.29
* Estimated from similar programs

Career Paths

Occupations commonly associated with precision metal working graduates

Sheet Metal Workers

Fabricate, assemble, install, and repair sheet metal products and equipment, such as ducts, control boxes, drainpipes, and furnace casings. Work may involve any of the following: setting up and operating fabricating machines to cut, bend, and straighten sheet metal; shaping metal over anvils, blocks, or forms using hammer; operating soldering and welding equipment to join sheet metal parts; or inspecting, assembling, and smoothing seams and joints of burred surfaces. Includes sheet metal duct installers who install prefabricated sheet metal ducts used for heating, air conditioning, or other purposes.

$60,850/yrJobs growth:High school diploma or equivalent

Machinists

Set up and operate a variety of machine tools to produce precision parts and instruments out of metal. Includes precision instrument makers who fabricate, modify, or repair mechanical instruments. May also fabricate and modify parts to make or repair machine tools or maintain industrial machines, applying knowledge of mechanics, mathematics, metal properties, layout, and machining procedures.

$57,700/yrJobs growth:

Tool and Die Makers

Analyze specifications, lay out metal stock, set up and operate machine tools, and fit and assemble parts to make and repair dies, cutting tools, jigs, fixtures, gauges, and machinists' hand tools.

$57,700/yrJobs growth:

Welders, Cutters, Solderers, and Brazers

Use hand-welding, flame-cutting, hand-soldering, or brazing equipment to weld or join metal components or to fill holes, indentations, or seams of fabricated metal products.

$51,000/yrJobs growth:High school diploma or equivalent

Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic

Set up, operate, or tend machines to extrude or draw thermoplastic or metal materials into tubes, rods, hoses, wire, bars, or structural shapes.

$46,800/yrJobs growth:

Forging Machine Setters, Operators, and Tenders, Metal and Plastic

Set up, operate, or tend forging machines to taper, shape, or form metal or plastic parts.

$46,800/yrJobs growth:

Rolling Machine Setters, Operators, and Tenders, Metal and Plastic

Set up, operate, or tend machines to roll steel or plastic forming bends, beads, knurls, rolls, or plate, or to flatten, temper, or reduce gauge of material.

$46,800/yrJobs growth:

Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic

Set up, operate, or tend machines to saw, cut, shear, slit, punch, crimp, notch, bend, or straighten metal or plastic material.

$46,800/yrJobs growth:

Drilling and Boring Machine Tool Setters, Operators, and Tenders, Metal and Plastic

Set up, operate, or tend drilling machines to drill, bore, ream, mill, or countersink metal or plastic work pieces.

$46,800/yrJobs growth:

Grinding, Lapping, Polishing, and Buffing Machine Tool Setters, Operators, and Tenders, Metal and Plastic

Set up, operate, or tend grinding and related tools that remove excess material or burrs from surfaces, sharpen edges or corners, or buff, hone, or polish metal or plastic work pieces.

$46,800/yrJobs growth:

Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic

Set up, operate, or tend lathe and turning machines to turn, bore, thread, form, or face metal or plastic materials, such as wire, rod, or bar stock.

$46,800/yrJobs growth:

Milling and Planing Machine Setters, Operators, and Tenders, Metal and Plastic

Set up, operate, or tend milling or planing machines to mill, plane, shape, groove, or profile metal or plastic work pieces.

$46,800/yrJobs growth:
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 Elgin Community College, approximately 22% 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.