Analysis
A debt-to-earnings ratio of 0.28 suggests this program could make financial sense, though the estimates here paint an incomplete picture. Based on comparable precision metal working programs nationally, first-year earnings around $41,500 against borrowing of roughly $11,600 means graduates could potentially pay off their debt within a few months of full-time work—a manageable burden for an associate degree that gets students into the workforce quickly.
What's harder to assess is how Hawkeye's program stacks up locally. Iowa's median for this field sits at $48,114, nearly $7,000 higher than the national baseline used here. That gap matters when neighboring Kirkwood Community College reports exactly that figure for its graduates. The four-year earnings mark of $54,332 offers some reassurance that pay growth is happening, but without knowing whether that's actual data from Hawkeye or another estimate, it's difficult to gauge trajectory.
The practical question is whether precision metal working aligns with Iowa's manufacturing landscape and your child's aptitude for hands-on technical work. The fundamentals—low debt, decent starting pay, strong demand for skilled trades—point toward a solid foundation. Just recognize you're making this decision with limited visibility into Hawkeye's specific outcomes, and consider reaching out to the program directly about graduate placement rates and employer partnerships in the Waterloo area.
Where Hawkeye 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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Hawkeye Community College | — | $54,332 | — |
| 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% |
| Kirkwood Community College | $48,114 | $50,579 | +5% |
Compare to Similar Programs in Iowa
Precision Metal Working associates's programs at peer institutions in Iowa (12 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $6,308 | $41,504* | $54,332 | $11,562* | — | |
| $5,980 | $48,114* | $50,579 | $13,500* | 0.28 | |
| 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 Hawkeye 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.