Median Earnings (1yr)
$42,590
18th percentile
Median Debt
$15,225
39% below national median
Debt-to-Earnings
0.36
Manageable
Sample Size
24
Limited data

Analysis

George C Wallace State Community College-Hanceville graduates this program with the lowest debt burden among Alabama's five medical lab science programs—$15,225 compared to a state median of $25,264. That's the good news. The challenging part is what happens to earnings over time: graduates start at $42,590, which matches Alabama's typical first-year pay for this field, but see earnings drop 16% to $35,674 by year four. While that initial debt-to-earnings ratio of 0.36 looks manageable, declining income makes this trajectory harder to plan around.

The state context matters here. Despite ranking in just the 18th percentile nationally, this program performs solidly within Alabama, hitting the 60th percentile for in-state graduates. That suggests the state's medical lab technician market may simply pay less than national averages across the board. For Alabama families looking at lab tech programs, this school delivers similar outcomes to competitors like Calhoun State but with substantially less debt—a meaningful advantage that partially offsets the earnings decline concern.

The small sample size (under 30 graduates) means individual job placements can dramatically skew these numbers, so treat the earnings drop as a yellow flag rather than a definitive trend. If your student is committed to staying in Alabama and working as a lab technician, the low debt here provides financial cushion that higher-earning programs with $25,000+ in loans don't offer.

Where George C Wallace State Community College-Hanceville Stands

Earnings vs. debt across all clinical/medical laboratory science/research and allied professions associates's programs nationally

George C Wallace State Community College-HancevilleOther clinical/medical laboratory science/research and allied professions programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How George C Wallace State Community College-Hanceville graduates compare to all programs nationally

George C Wallace State Community College-Hanceville graduates earn $43k, placing them in the 18th percentile of all clinical/medical laboratory science/research and allied professions associates programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Alabama

Clinical/Medical Laboratory Science/Research and Allied Professions associates's programs at peer institutions in Alabama (5 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
George C Wallace State Community College-Hanceville$42,590$35,674$15,2250.36
John C Calhoun State Community College$42,551———
Fortis Institute-Birmingham$40,819$37,575$35,3040.86
National Median$48,026—$24,9940.52

Other Clinical/Medical Laboratory Science/Research and Allied Professions Programs in Alabama

Compare tuition, earnings, and debt across Alabama schools

SchoolIn-State TuitionEarnings (1yr)Debt
John C Calhoun State Community College
Tanner
$5,060$42,551—
Fortis Institute-Birmingham
Birmingham
$14,561$40,819$35,304

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 George C Wallace State Community College-Hanceville, approximately 32% 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 24 graduates with reported earnings and 22 graduates with debt data. Small samples may not be representative.