Analysis
A debt-to-earnings ratio of 0.29 makes this program look financially straightforward on paper, though parents should understand these figures come from national peers rather than Florida Gateway's actual graduate outcomes. With estimated first-year earnings of $48,321 against roughly $13,834 in debt, comparable engineering technology programs suggest graduates could manage their loans without strain—the monthly payment would represent less than 7% of gross income under standard repayment.
What makes this estimate particularly uncertain is Florida's dynamic engineering and manufacturing market. The state hosts aerospace companies, defense contractors, and growing tech manufacturing that could push salaries higher than the national median, but without reported data from Florida Gateway or its 23 in-state competitors, there's no way to confirm whether Lake City's location and industry connections deliver those advantages. Engineering technology associate degrees typically prepare graduates for hands-on technical roles—quality control, manufacturing engineering, CAD technicians—where local employer relationships matter enormously.
The 38% Pell grant rate suggests this program serves students who may be betting limited resources on a technical credential. For families in that position, the estimated numbers point toward manageable risk, but the lack of actual outcomes data means you're making this decision somewhat blind. Before committing, get specific: ask the college which local employers hire their graduates, what the actual job placement rate is, and whether students typically need additional credentials after graduation.
Where Florida Gateway College Stands
Earnings vs. debt across all engineering technology associates's programs nationally
Compare to Similar Programs Nationally
Engineering Technology associates's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $3,100 | $48,321* | — | $13,834* | — | |
| $4,516 | $61,123* | — | —* | — | |
| $5,774 | $53,143* | $70,007 | $11,000* | 0.21 | |
| $4,550 | $52,531* | $59,650 | $13,865* | 0.26 | |
| $5,350 | $50,148* | — | $13,834* | 0.28 | |
| $4,046 | $46,493* | $38,281 | $18,000* | 0.39 | |
| National Median | — | $48,320* | — | $12,917* | 0.27 |
Career Paths
Occupations commonly associated with engineering technology graduates
Aerospace Engineering and Operations Technologists and Technicians
Electrical and Electronic Engineering Technologists and Technicians
Electro-Mechanical and Mechatronics Technologists and Technicians
Robotics Technicians
Industrial Engineering Technologists and Technicians
Nanotechnology Engineering Technologists and Technicians
Civil Engineering Technologists and Technicians
Engineering Technologists and Technicians, Except Drafters, All Other
Non-Destructive Testing Specialists
Photonics Technicians
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 Florida Gateway 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 8 similar programs. Actual outcomes may vary.