Analysis
A debt-to-earnings ratio of 0.31 suggests relatively manageable borrowing for an aviation program—similar associate degrees nationwide typically start graduates around $42,500 in first-year earnings against roughly $13,200 in debt. That's about three months of gross income, which puts this technical credential in a stronger financial position than many bachelor's programs that leave students with ratios above 1.0.
The challenge is knowing how Iowa Lakes specifically prepares students compared to the 140 other schools offering this degree nationally. Aviation programs vary dramatically in quality based on aircraft fleet, instructor credentials, and industry partnerships. The national data shows considerable spread—top-performing programs launch graduates at $53,185, while others fall well below the median. Without reported outcomes from Iowa Lakes or even peer Iowa programs (only one other school in the state offers this degree), you're relying on reputation and completion rates rather than hard employment data.
For parents weighing this investment, the estimated debt burden appears reasonable if the program delivers on job placement. Aviation maintenance and operations roles typically offer stable employment, but confirm whether Iowa Lakes has strong employer connections and what percentage of recent graduates actually work in aviation versus adjacent fields. The 20% Pell grant rate suggests the school serves a relatively affluent student body, which may indicate families have done their homework—or that cost simply isn't accessible to everyone.
Where Iowa Lakes Community College Stands
Earnings vs. debt across all air transportation associates's programs nationally
Compare to Similar Programs Nationally
Air Transportation associates's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $7,196 | $42,492* | — | $13,208* | — | |
| $42,304 | $66,957* | $66,388 | $18,750* | 0.28 | |
| $11,665 | $66,957* | $66,388 | $18,750* | 0.28 | |
| $4,941 | $48,594* | — | $13,416* | 0.28 | |
| $7,290 | $45,028* | $68,927 | $13,000* | 0.29 | |
| $13,244 | $39,956* | $73,930 | $21,000* | 0.53 | |
| National Median | — | $42,492* | — | $14,803* | 0.35 |
Career Paths
Occupations commonly associated with air transportation graduates
Airline Pilots, Copilots, and Flight Engineers
Commercial Pilots
Air Traffic Controllers
Transportation, Storage, and Distribution Managers
Supply Chain Managers
Flight Attendants
First-Line Supervisors of Passenger Attendants
Airfield Operations Specialists
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 Iowa Lakes Community College, approximately 20% 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 8 similar programs. Actual outcomes may vary.