Median Earnings (1yr)
$65,592
95th percentile (60th in MN)
Median Debt
$20,000
14% above national median
Debt-to-Earnings
0.30
Manageable
Sample Size
43
Adequate data

Analysis

Hennepin Technical College graduates earn $65,592 in their first year—58% above the national median for HVAC programs and outpacing every other Minnesota school, including the state's top-ranked competitors. That's not just good for an associate degree; it's exceptional for any two-year technical program. The 60th percentile ranking within Minnesota might seem middling at first glance, but context matters: Minnesota HVAC programs collectively perform well above national standards, so landing in the middle of this strong pack while actually leading in absolute earnings tells you this program has cracked the code on employer connections or curriculum design.

The $20,000 debt load sits slightly above state and national medians, but the debt-to-earnings ratio of 0.30 means graduates can comfortably manage repayment—most financial experts consider anything under 1.0 healthy, and this is well below that threshold. Earnings climb to $72,770 by year four, representing 11% growth that keeps pace with trade wage increases. The moderate sample size suggests a stable, established program rather than a risky startup.

For families weighing the cost of a four-year degree against immediate workforce entry, this program delivers what matters most: high starting pay with manageable debt in an industry facing chronic worker shortages. Your child could be earning more than many bachelor's degree holders within months of graduation.

Where Hennepin Technical College Stands

Earnings vs. debt across all heating, air conditioning, ventilation and refrigeration maintenance technology/technician (hac, hacr, hvac, hvacr) associates's programs nationally

Hennepin Technical CollegeOther heating, air conditioning, ventilation and refrigeration maintenance technology/technician (hac, hacr, hvac, hvacr) 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 $66k, placing them in the 95th percentile of all heating, air conditioning, ventilation and refrigeration maintenance technology/technician (hac, hacr, hvac, hvacr) 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

Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician (HAC, HACR, HVAC, HVACR) associates's programs at peer institutions in Minnesota (11 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Hennepin Technical College$65,592$72,770$20,0000.30
Minneapolis Community and Technical College$56,191$75,096$20,0000.36
Century College$52,105$64,785$11,5000.22
Dunwoody College of Technology$47,076$70,510$17,5000.37
National Median$41,438—$17,5000.42

Other Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician (HAC, HACR, HVAC, HVACR) Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
Minneapolis Community and Technical College
Minneapolis
$6,128$56,191$20,000
Century College
White Bear Lake
$6,182$52,105$11,500
Dunwoody College of Technology
Minneapolis
$25,659$47,076$17,500

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 43 graduates with reported earnings and 33 graduates with debt data. Small samples may not be representative.