Median Earnings (1yr)
$47,080
71st percentile
Median Debt
$12,000
At national median
Debt-to-Earnings
0.25
Manageable
Sample Size
169
Adequate data

Analysis

Lake Area Technical College puts graduates into the automotive workforce at nearly $47,000—about $4,000 above the national median for these programs and among the top-earning options in South Dakota. With just $12,000 in typical debt, graduates face a debt load equal to only three months of income, making this one of the more financially accessible paths into skilled trades. Among South Dakota's five automotive tech programs, this ranks second only to Southeast Technical College.

The earnings trajectory tells an important story: pay holds relatively steady rather than growing significantly over the first four years. At $48,000 by year four, graduates are earning solidly but shouldn't expect dramatic salary increases. This pattern is common in automotive repair, where technicians reach earning potential relatively quickly but face limited upside without moving into shop management or specialization.

The practical takeaway: your child can enter a stable, well-paying field with manageable debt and start earning immediately. The $47,000 starting salary exceeds what many bachelor's degree holders earn initially, and the low debt means financial flexibility early in their career. Just understand that this is likely the earning range for the foreseeable future unless they pursue additional certifications or entrepreneurial opportunities like opening their own shop.

Where Lake Area Technical College Stands

Earnings vs. debt across all vehicle maintenance and repair technologies associates's programs nationally

Lake Area Technical CollegeOther vehicle maintenance and repair technologies programs

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 $47k, placing them in the 71th percentile of all vehicle maintenance and repair technologies 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

Vehicle Maintenance and Repair Technologies associates's programs at peer institutions in South Dakota (5 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Lake Area Technical College$47,080$48,024$12,0000.25
Southeast Technical College$46,262$49,942$12,0000.26
Mitchell Technical College$44,032$41,215
Western Dakota Technical College$38,031$15,1250.40
National Median$42,896$12,0000.28

Other Vehicle Maintenance and Repair Technologies Programs in South Dakota

Compare tuition, earnings, and debt across South Dakota schools

SchoolIn-State TuitionEarnings (1yr)Debt
Southeast Technical College
Sioux Falls
$7,650$46,262$12,000
Mitchell Technical College
Mitchell
$7,524$44,032
Western Dakota Technical College
Rapid City
$8,008$38,031$15,125

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 169 graduates with reported earnings and 163 graduates with debt data. Small samples may not be representative.