Median Earnings (1yr)
$20,420
79th percentile
Median Debt
$12,000
22% above national median

Analysis

Lake Area Technical's cosmetology program sits in an interesting middle ground among South Dakota's limited options. At $20,420 in first-year earnings, graduates earn slightly below the state median of $21,552 (40th percentile statewide), trailing The Salon Professional Academy in Watertown by about $3,600 annually. However, they're still outearning 79% of cosmetology programs nationally, which matters if graduates end up working outside South Dakota's small market.

The debt picture looks reasonable at $12,000β€”just above both state and national medians but manageable given the low tuition typical of technical colleges. The 0.59 debt-to-earnings ratio means graduates owe roughly seven months of salary, which is workable in a field where many professionals supplement income with tips. The 18% earnings growth to $24,114 by year four suggests graduates build their client base over time, though this data comes from fewer than 30 students, so individual results will vary considerably.

For families committed to South Dakota cosmetology training, this program won't deliver the highest earnings in the state, but it combines modest debt with solid national standing. If your child is considering staying in the Watertown area long-term, The Salon Professional Academy's higher graduate earnings warrant a close look. But for a technical college certificate that provides portable skills and reasonable debt, Lake Area delivers what you'd expectβ€”not spectacular, but workable for someone entering a trade where success often depends more on building relationships than on which school name is on the diploma.

Where Lake Area Technical College Stands

Earnings vs. debt across all cosmetology certificate's programs nationally

Earnings Distribution

How Lake Area Technical College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Lake Area Technical College$20,420$24,114+18%
Institute of Advanced Medical Esthetics$27,490$36,799+34%
Stewart School$22,684$25,636+13%
The Salon Professional Academy$24,068$22,219-8%
Paul Mitchell the School-Rapid City$18,561$20,373+10%

Compare to Similar Programs in South Dakota

Cosmetology certificate's programs at peer institutions in South Dakota (4 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Lake Area Technical CollegeWatertown$6,718$20,420$24,114$12,0000.59
The Salon Professional AcademyRapid Cityβ€”$24,068$22,219$12,5000.52
Stewart SchoolSioux Fallsβ€”$22,684$25,636$8,8630.39
Paul Mitchell the School-Rapid CityRapid Cityβ€”$18,561$20,373$11,3210.61
National Medianβ€”$17,113β€”$9,8620.58

Career Paths

Occupations commonly associated with cosmetology graduates

Skincare Specialists

Provide skincare treatments to face and body to enhance an individual's appearance. Includes electrologists and laser hair removal specialists.

$41,560/yrJobs growth:Postsecondary nondegree award

Barbers

Provide barbering services, such as cutting, trimming, shampooing, and styling hair; trimming beards; or giving shaves.

$35,420/yrJobs growth:Postsecondary nondegree award

Hairdressers, Hairstylists, and Cosmetologists

Provide beauty services, such as cutting, coloring, and styling hair, and massaging and treating scalp. May shampoo hair, apply makeup, dress wigs, remove hair, and provide nail and skincare services.

$35,420/yrJobs growth:Postsecondary nondegree award

Manicurists and Pedicurists

Clean and shape customers' fingernails and toenails. May polish or decorate nails.

$34,660/yrJobs growth:Postsecondary nondegree award

Personal Service Managers, All Other

All personal service managers not listed separately.

Fitness and Wellness Coordinators

Manage or coordinate fitness and wellness programs and services. Manage and train staff of wellness specialists, health educators, or fitness instructors.

Spa Managers

Plan, direct, or coordinate activities of a spa facility. Coordinate programs, schedule and direct staff, and oversee financial activities.

First-Line Supervisors of Personal Service Workers

Supervise and coordinate activities of personal service workers.

Makeup Artists, Theatrical and Performance

Apply makeup to performers to reflect period, setting, and situation of their role.

Shampooers

Shampoo and rinse customers' hair.

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 20 graduates with reported earnings and 21 graduates with debt data. Small samples may not be representative.