Precision Metal Working at Lake Area Technical College
Associate's Degree
Analysis
Lake Area Technical College's precision metal working program costs about $11,000 and launches graduates into $43,436 starting salaries—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
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 $43k, placing them in the 58th 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 South Dakota
Precision Metal Working associates's programs at peer institutions in South Dakota (2 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Lake Area Technical College | $43,436 | $48,824 | $11,001 | 0.25 |
| Western Dakota Technical College | $37,717 | $40,032 | $12,000 | 0.32 |
| National Median | $41,504 | — | $12,000 | 0.29 |
Other Precision Metal Working Programs in South Dakota
Compare tuition, earnings, and debt across South Dakota schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Western Dakota Technical College Rapid City | $8,008 | $37,717 | $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 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.