Median Earnings (1yr)
$35,932
46th percentile
Median Debt
$14,510
27% below national median
Debt-to-Earnings
0.40
Manageable
Sample Size
60
Adequate data

Analysis

Lake Area Technical College graduates its allied health students with notably less debt than most programs—$14,510 versus the national median of nearly $20,000—while maintaining solid earning potential. Within South Dakota, this program ranks at the 60th percentile for earnings, performing slightly better than the state median and placing competitively against the four other schools offering this degree in the state. The debt-to-earnings ratio of 0.40 is reasonable for an associate's degree, meaning most graduates could realistically pay off their loans within a few years of entering the workforce.

The earnings trajectory shows healthy growth, with median pay increasing 17% from $35,932 to $41,864 between years one and four. While first-year earnings sit just below the national median for this program, the lower debt load offsets any concern about earning slightly less out of the gate. The combination of below-average borrowing and above-state-median outcomes creates a relatively safe bet for South Dakota residents planning to work in-state after graduation.

For families prioritizing affordability in healthcare education, this program delivers what matters most: manageable debt and steady income growth in a stable field. The numbers suggest graduates can enter the workforce without the financial strain common to many allied health programs.

Where Lake Area Technical College Stands

Earnings vs. debt across all allied health and medical assisting services associates's programs nationally

Lake Area Technical CollegeOther allied health and medical assisting services 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 Lake Area Technical College graduates compare to all programs nationally

Lake Area Technical College graduates earn $36k, placing them in the 46th percentile of all allied health and medical assisting services 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 South Dakota

Allied Health and Medical Assisting Services associates's programs at peer institutions in South Dakota (4 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Lake Area Technical College$35,932$41,864$14,5100.40
National American University-Rapid City$37,282$33,210$35,4420.95
Mitchell Technical College$35,074$29,365$16,5000.47
National Median$36,862—$19,8250.54

Other Allied Health and Medical Assisting Services Programs in South Dakota

Compare tuition, earnings, and debt across South Dakota schools

SchoolIn-State TuitionEarnings (1yr)Debt
National American University-Rapid City
Rapid City
$16,065$37,282$35,442
Mitchell Technical College
Mitchell
$7,524$35,074$16,500

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 Lake Area 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 60 graduates with reported earnings and 60 graduates with debt data. Small samples may not be representative.