Median Earnings (1yr)
$56,292
95th percentile
Median Debt
$6,810
43% below national median
Debt-to-Earnings
0.12
Manageable
Sample Size
57
Adequate data

Analysis

At just $6,810 in debt and $56,292 in starting salary, Ivy Tech's precision metal working program delivers one of the strongest return-on-investment profiles you'll find in community college education. That 0.12 debt-to-earnings ratio means graduates owe roughly six weeks of their first year's salary—exceptionally manageable by any standard. The program ranks in the 95th percentile nationally for both high earnings and low debt, a rare combination that makes it stand out among the 501 schools offering this credential.

The Indiana context is worth noting: while this program outearns 95% of precision metal working programs nationwide, it sits at the 60th percentile within the state, where median earnings are already quite strong at $55,600. That's not a weakness—it reflects Indiana's robust manufacturing sector pushing wages up across the board. Ivy Tech's graduates still slightly outpace the state median and see healthy 15% earnings growth to nearly $65,000 by year four, indicating solid career progression in the field.

For families concerned about college costs, this represents exactly what community college should be: affordable, job-focused training that leads to immediate earning power. Your child would enter a skilled trade with minimal debt and above-average wages, building a foundation for financial stability without the financial strain that often accompanies higher education.

Where Ivy Tech Community College Stands

Earnings vs. debt across all precision metal working associates's programs nationally

Ivy Tech Community CollegeOther precision metal working 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 Ivy Tech Community College graduates compare to all programs nationally

Ivy Tech Community College graduates earn $56k, placing them in the 95th percentile of all precision metal working 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 Indiana

Precision Metal Working associates's programs at peer institutions in Indiana (2 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Ivy Tech Community College$56,292$64,893$6,8100.12
Vincennes University$54,908$52,065$12,0000.22
National Median$41,504—$12,0000.29

Other Precision Metal Working Programs in Indiana

Compare tuition, earnings, and debt across Indiana schools

SchoolIn-State TuitionEarnings (1yr)Debt
Vincennes University
Vincennes
$6,886$54,908$12,000

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.

Sample Size: Based on 57 graduates with reported earnings and 45 graduates with debt data. Small samples may not be representative.