Est. Earnings (1yr)
$48,312
Est. from national median (13 programs)
Est. Median Debt
$15,387
Est. from national median (12 programs)

Analysis

Peer programs across the country suggest starting earnings around $48,000 for this mechanical engineering technology associate's degree, climbing to nearly $58,000 by year four. With estimated debt of roughly $15,400—producing a debt-to-earnings ratio of 0.32—this represents one of the more manageable financial profiles in technical education. That debt load could typically be paid down within a few years of steady employment.

The four-year earnings jump to $57,760 indicates meaningful wage growth as graduates gain shop floor experience and technical certifications. For students interested in hands-on manufacturing work—CNC machining, quality control, production engineering support—this pathway offers practical skills that Indiana's substantial manufacturing sector actively needs. The relatively low debt estimate makes this particularly attractive compared to four-year engineering programs that can leave students with twice the debt and delayed entry into the workforce.

The key uncertainty here is that both figures come from national peer programs rather than Ivy Tech's specific outcomes, and Indiana has only four schools offering this credential. Before committing, your child should visit Ivy Tech's program, talk to instructors about job placement rates with local manufacturers, and confirm whether the curriculum aligns with equipment and processes actually used in nearby plants. If those conversations are reassuring, the financial framework looks solid for a technical career.

Where Ivy Tech Community College Stands

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

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Ivy Tech Community College$57,760
Ferris State University$56,819$69,603+22%
Owens Community College$61,021$68,217+12%
Cincinnati State Technical and Community College$45,873$66,047+44%
University of Akron Main Campus$52,177$64,950+24%

Compare to Similar Programs Nationally

Mechanical Engineering Related Technologies/Technicians associates's programs at top institutions nationally

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Ivy Tech Community CollegeIndianapolis$4,912$48,312*$57,760$15,387*
ECPI UniversityVirginia Beach$18,484$64,003*$29,810*0.47
Owens Community CollegePerrysburg$5,750$61,021*$68,217$12,000*0.20
Ferris State UniversityBig Rapids$13,630$56,819*$69,603$18,500*0.33
Springfield Technical Community CollegeSpringfield$5,520$54,793*$60,177$7,395*0.13
University of Akron Main CampusAkron$12,799$52,177*$64,950$22,582*0.43
National Median$48,312*$15,387*0.32
* Estimated from similar programs

Career Paths

Occupations commonly associated with mechanical engineering related technologies/technicians graduates

Aerospace Engineering and Operations Technologists and Technicians

Operate, install, adjust, and maintain integrated computer/communications systems, consoles, simulators, and other data acquisition, test, and measurement instruments and equipment, which are used to launch, track, position, and evaluate air and space vehicles. May record and interpret test data.

$79,830/yrJobs growth:Associate's degree

Electro-Mechanical and Mechatronics Technologists and Technicians

Operate, test, maintain, or adjust unmanned, automated, servomechanical, or electromechanical equipment. May operate unmanned submarines, aircraft, or other equipment to observe or record visual information at sites such as oil rigs, crop fields, buildings, or for similar infrastructure, deep ocean exploration, or hazardous waste removal. May assist engineers in testing and designing robotics equipment.

$70,760/yrJobs growth:Associate's degree

Robotics Technicians

Build, install, test, or maintain robotic equipment or related automated production systems.

$70,760/yrJobs growth:Associate's degree

Mechanical Engineering Technologists and Technicians

Apply theory and principles of mechanical engineering to modify, develop, test, or adjust machinery and equipment under direction of engineering staff or physical scientists.

$68,730/yrJobs growth:Associate's degree

Automotive Engineering Technicians

Assist engineers in determining the practicality of proposed product design changes and plan and carry out tests on experimental test devices or equipment for performance, durability, or efficiency.

$68,730/yrJobs growth:Associate's degree

Mechanical Drafters

Prepare detailed working diagrams of machinery and mechanical devices, including dimensions, fastening methods, and other engineering information.

$65,380/yrJobs growth:Associate's degree

Automotive Service Technicians and Mechanics

Diagnose, adjust, repair, or overhaul automotive vehicles.

$49,670/yrJobs growth:Postsecondary nondegree award

Motorboat Mechanics and Service Technicians

Repair and adjust electrical and mechanical equipment of inboard or inboard-outboard boat engines.

$48,240/yrJobs growth:

Engineering Technologists and Technicians, Except Drafters, All Other

All engineering technologists and technicians, except drafters, not listed separately.

Non-Destructive Testing Specialists

Test the safety of structures, vehicles, or vessels using x-ray, ultrasound, fiber optic or related equipment.

Photonics Technicians

Build, install, test, or maintain optical or fiber optic equipment, such as lasers, lenses, or mirrors, using spectrometers, interferometers, or related equipment.

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 Ivy Tech Community College, approximately 23% 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 13 similar programs. Actual outcomes may vary.