Analysis
A debt-to-earnings ratio of 0.28 suggests manageable financial risk, but the reality is more uncertain than those tidy numbers imply. Both the earnings and debt figures here are estimates drawn from national medians—56 programs for earnings, 20 for debt—because this specific program's graduate cohort was too small for the Department of Education to publish. That means we're essentially looking at what *typically* happens in precision metal working programs across the country, not what Illinois Valley Community College's graduates actually experience.
The estimated $41,504 first-year salary sits right at the national median for this field, which makes sense for skilled trades work. Similar associate's programs nationally carry about $12,000 in debt, close to the estimate here. For a two-year credential in manufacturing, these aren't alarming figures—precision metal working is real technical training for tangible jobs. But without actual outcomes from this school, you're betting on Illinois Valley's program performing like the average, which may or may not reflect local employer demand around Oglesby or how well this particular program places graduates.
The fundamental question is whether you're comfortable making a decision on peer data alone. If your child is serious about metal working and this is their most accessible option, the estimated numbers don't scream "bad investment." But try to learn what you can directly: talk to faculty about job placement, ask current students about equipment and instruction quality, and investigate whether local manufacturers actively recruit from this program.
Where Illinois Valley Community College Stands
Earnings vs. debt across all precision metal working associates's programs nationally
Compare to Similar Programs Nationally
Precision Metal Working associates's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $4,060 | $41,504* | — | $11,562* | — | |
| $5,881 | $59,829* | $73,136 | —* | — | |
| $13,630 | $56,811* | $77,380 | $17,500* | 0.31 | |
| $4,912 | $56,292* | $64,893 | $6,810* | 0.12 | |
| $25,659 | $55,188* | $61,261 | $12,000* | 0.22 | |
| $6,886 | $54,908* | $52,065 | $12,000* | 0.22 | |
| 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 Illinois Valley Community College, approximately 29% 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.