2026 ROI Award Winner
Median Earnings (1yr)
$43,436
58th percentile
Median Debt
$11,001
8% below national median

Analysis

Lake Area Technical College's precision metal working program costs about $11,000 and launches graduates into $43,436 starting salariesβ€”a quarter of first-year earnings in debt that ranks among the better debt-to-earnings ratios in skilled trades. Within four years, earnings climb to nearly $49,000, showing steady growth rather than the plateaus common in some technical fields. Among South Dakota's two programs, this one edges out the median by roughly $3,000 annually, though the difference isn't dramatic.

The program outperforms the national median by about $2,000, which matters more when you consider the cost of living in Watertown versus coastal metros where precision metalworkers might earn similar amounts but face higher housing costs. The debt level sits slightly below national averages for this field, and with steady earnings growth through year four, graduates appear to advance rather than stagnate in their careers.

For families weighing a four-year degree against technical training, this program offers a straightforward proposition: modest debt, immediate earning power, and room for growth. The starting salary won't turn heads, but it's real money in South Dakota's economy, and the debt clears quickly enough that graduates aren't burdened by payments into their thirties. It's solid vocational training that does what it promises.

Where Lake Area Technical College Stands

Earnings vs. debt across all precision metal working associates'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$43,436$48,824+12%
Ferris State University$56,811$77,380+36%
Hennepin Technical College$59,829$73,136+22%
Ivy Tech Community College$56,292$64,893+15%
Western Dakota Technical College$37,717$40,032+6%

Compare to Similar Programs in South Dakota

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

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Lake Area Technical CollegeWatertown$6,718$43,436$48,824$11,0010.25
Western Dakota Technical CollegeRapid City$8,008$37,717$40,032$12,0000.32
National Medianβ€”$41,504β€”$12,0000.29

Career Paths

Occupations commonly associated with precision metal working graduates

Sheet Metal Workers

Fabricate, assemble, install, and repair sheet metal products and equipment, such as ducts, control boxes, drainpipes, and furnace casings. Work may involve any of the following: setting up and operating fabricating machines to cut, bend, and straighten sheet metal; shaping metal over anvils, blocks, or forms using hammer; operating soldering and welding equipment to join sheet metal parts; or inspecting, assembling, and smoothing seams and joints of burred surfaces. Includes sheet metal duct installers who install prefabricated sheet metal ducts used for heating, air conditioning, or other purposes.

$60,850/yrJobs growth:High school diploma or equivalent

Machinists

Set up and operate a variety of machine tools to produce precision parts and instruments out of metal. Includes precision instrument makers who fabricate, modify, or repair mechanical instruments. May also fabricate and modify parts to make or repair machine tools or maintain industrial machines, applying knowledge of mechanics, mathematics, metal properties, layout, and machining procedures.

$57,700/yrJobs growth:

Tool and Die Makers

Analyze specifications, lay out metal stock, set up and operate machine tools, and fit and assemble parts to make and repair dies, cutting tools, jigs, fixtures, gauges, and machinists' hand tools.

$57,700/yrJobs growth:

Welders, Cutters, Solderers, and Brazers

Use hand-welding, flame-cutting, hand-soldering, or brazing equipment to weld or join metal components or to fill holes, indentations, or seams of fabricated metal products.

$51,000/yrJobs growth:High school diploma or equivalent

Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic

Set up, operate, or tend machines to extrude or draw thermoplastic or metal materials into tubes, rods, hoses, wire, bars, or structural shapes.

$46,800/yrJobs growth:

Forging Machine Setters, Operators, and Tenders, Metal and Plastic

Set up, operate, or tend forging machines to taper, shape, or form metal or plastic parts.

$46,800/yrJobs growth:

Rolling Machine Setters, Operators, and Tenders, Metal and Plastic

Set up, operate, or tend machines to roll steel or plastic forming bends, beads, knurls, rolls, or plate, or to flatten, temper, or reduce gauge of material.

$46,800/yrJobs growth:

Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic

Set up, operate, or tend machines to saw, cut, shear, slit, punch, crimp, notch, bend, or straighten metal or plastic material.

$46,800/yrJobs growth:

Drilling and Boring Machine Tool Setters, Operators, and Tenders, Metal and Plastic

Set up, operate, or tend drilling machines to drill, bore, ream, mill, or countersink metal or plastic work pieces.

$46,800/yrJobs growth:

Grinding, Lapping, Polishing, and Buffing Machine Tool Setters, Operators, and Tenders, Metal and Plastic

Set up, operate, or tend grinding and related tools that remove excess material or burrs from surfaces, sharpen edges or corners, or buff, hone, or polish metal or plastic work pieces.

$46,800/yrJobs growth:

Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic

Set up, operate, or tend lathe and turning machines to turn, bore, thread, form, or face metal or plastic materials, such as wire, rod, or bar stock.

$46,800/yrJobs growth:

Milling and Planing Machine Setters, Operators, and Tenders, Metal and Plastic

Set up, operate, or tend milling or planing machines to mill, plane, shape, groove, or profile metal or plastic work pieces.

$46,800/yrJobs growth:
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 56 graduates with reported earnings and 50 graduates with debt data. Small samples may not be representative.