Analysis
Lake Area Technical College's precision metal working program costs about $11,000 and launches graduates into $43,436 starting salariesβa 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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $6,718 | $43,436 | $48,824 | $11,001 | 0.25 | |
| $8,008 | $37,717 | $40,032 | $12,000 | 0.32 | |
| National Median | β | $41,504 | β | $12,000 | 0.29 |
Career Paths
Occupations commonly associated with precision metal working graduates
Sheet Metal Workers
Machinists
Tool and Die Makers
Welders, Cutters, Solderers, and Brazers
Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic
Forging Machine Setters, Operators, and Tenders, Metal and Plastic
Rolling Machine Setters, Operators, and Tenders, Metal and Plastic
Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic
Drilling and Boring Machine Tool Setters, Operators, and Tenders, Metal and Plastic
Grinding, Lapping, Polishing, and Buffing Machine Tool Setters, Operators, and Tenders, Metal and Plastic
Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic
Milling and Planing Machine Setters, Operators, and Tenders, Metal and Plastic
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.