Median Earnings (1yr)
$66,233
37th percentile
60th percentile in South Dakota
Median Debt
$26,212
26% above national median

Analysis

Lake Area Technical College's nursing program sits right at South Dakota's median for earnings ($66,233) while keeping debt notably lower than most in-state alternatives—$26,212 versus the state median of $31,082. That's roughly $5,000 less debt for similar starting pay, which matters when your child is beginning a nursing career. The debt-to-earnings ratio of 0.40 means graduating with debt equal to about five months' salary, a manageable burden by healthcare education standards.

The national comparison is less flattering—this program lands at the 37th percentile compared to nursing programs across the country. But here's the practical reality: your child likely isn't competing for jobs against nurses from every state. Within South Dakota's nursing market, this program performs solidly (60th percentile), and National American University in Rapid City is the only in-state program with significantly higher earnings. The $26,000 debt load ranks in the 28th percentile nationally, meaning 72% of similar programs leave graduates with more debt.

The small sample size (under 30 graduates) is worth noting—a few outliers could skew these numbers either direction. Still, the core value proposition holds: if your child plans to work in South Dakota after graduation, Lake Area delivers typical regional nursing wages with below-average debt, which translates to a faster path to financial stability than most alternatives in the state.

Where Lake Area Technical College Stands

Earnings vs. debt across all registered nursing, nursing administration, nursing research and clinical nursing associates's programs nationally

Earnings Distribution

How Lake Area Technical College graduates compare to all programs nationally

Compare to Similar Programs in South Dakota

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing associates's programs at peer institutions in South Dakota (7 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Lake Area Technical CollegeWatertown$6,718$66,233$26,2120.40
National American University-Rapid CityRapid City$16,065$73,942$63,702$33,9240.46
Southeast Technical CollegeSioux Falls$7,650$62,601$28,2390.45
National Median$68,409$20,7510.30

Career Paths

Occupations commonly associated with registered nursing, nursing administration, nursing research and clinical nursing graduates

Nurse Anesthetists

Administer anesthesia, monitor patient's vital signs, and oversee patient recovery from anesthesia. May assist anesthesiologists, surgeons, other physicians, or dentists. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Nurse Midwives

Diagnose and coordinate all aspects of the birthing process, either independently or as part of a healthcare team. May provide well-woman gynecological care. Must have specialized, graduate nursing education.

$132,050/yrJobs growth:Master's degree

Nurse Practitioners

Diagnose and treat acute, episodic, or chronic illness, independently or as part of a healthcare team. May focus on health promotion and disease prevention. May order, perform, or interpret diagnostic tests such as lab work and x rays. May prescribe medication. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Medical and Health Services Managers

Plan, direct, or coordinate medical and health services in hospitals, clinics, managed care organizations, public health agencies, or similar organizations.

$117,960/yrJobs growth:Bachelor's degree

Registered Nurses

Assess patient health problems and needs, develop and implement nursing care plans, and maintain medical records. Administer nursing care to ill, injured, convalescent, or disabled patients. May advise patients on health maintenance and disease prevention or provide case management. Licensing or registration required.

$93,600/yrJobs growth:Bachelor's degree

Acute Care Nurses

Provide advanced nursing care for patients with acute conditions such as heart attacks, respiratory distress syndrome, or shock. May care for pre- and post-operative patients or perform advanced, invasive diagnostic or therapeutic procedures.

$93,600/yrJobs growth:Bachelor's degree

Advanced Practice Psychiatric Nurses

Assess, diagnose, and treat individuals and families with mental health or substance use disorders or the potential for such disorders. Apply therapeutic activities, including the prescription of medication, per state regulations, and the administration of psychotherapy.

$93,600/yrJobs growth:Bachelor's degree

Critical Care Nurses

Provide specialized nursing care for patients in critical or coronary care units.

$93,600/yrJobs growth:Bachelor's degree

Clinical Nurse Specialists

Direct nursing staff in the provision of patient care in a clinical practice setting, such as a hospital, hospice, clinic, or home. Ensure adherence to established clinical policies, protocols, regulations, and standards.

$93,600/yrJobs growth:Bachelor's degree

Nursing Instructors and Teachers, Postsecondary

Demonstrate and teach patient care in classroom and clinical units to nursing students. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/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 21 graduates with reported earnings and 33 graduates with debt data. Small samples may not be representative.