Median Earnings (1yr)
$56,073
60th percentile (60th in MN)
Median Debt
$16,246
10% above national median
Debt-to-Earnings
0.29
Manageable
Sample Size
23
Limited data

Analysis

Henneping Technical College's electrical engineering technology program graduates students into jobs paying $56,000 right away, with earnings climbing to over $62,500 within four years—a solid 12% increase that suggests genuine career progression. With debt under $17,000, graduates face monthly loan payments around $180, representing less than three months of their starting salary. That's a manageable burden that most technicians can handle comfortably while building their careers.

The program lands at the 60th percentile both nationally and among Minnesota's limited options for this field, meaning graduates are earning more than most of their peers who chose similar programs elsewhere. The combination of below-average debt and above-average earnings creates one of the better value propositions you'll find in technical education. This is particularly notable in Minnesota's manufacturing-heavy economy, where skilled electrical technicians remain in steady demand.

The catch? These figures are based on fewer than 30 graduates, so individual outcomes could vary more than usual. Still, the fundamentals are strong: reasonable debt, immediate earning potential that covers living expenses from day one, and clear upward momentum in the early years. For students drawn to hands-on electrical work over four-year engineering degrees, this represents a practical path to middle-class earnings without the typical bachelor's degree debt load.

Where Hennepin Technical College Stands

Earnings vs. debt across all electrical engineering technologies/technicians associates's programs nationally

Hennepin Technical CollegeOther electrical engineering technologies/technicians 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 Hennepin Technical College graduates compare to all programs nationally

Hennepin Technical College graduates earn $56k, placing them in the 60th percentile of all electrical engineering technologies/technicians 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 Minnesota

Electrical Engineering Technologies/Technicians associates's programs at peer institutions in Minnesota (7 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Hennepin Technical College$56,073$62,535$16,2460.29
National Median$54,852$14,7100.27

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 Hennepin Technical College, approximately 26% 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 23 graduates with reported earnings and 22 graduates with debt data. Small samples may not be representative.