Est. Earnings (1yr)
$44,727
Est. from national median (51 programs)
Est. Median Debt
$12,000
Est. from national median (19 programs)

Analysis

A debt-to-earnings ratio of 0.27 suggests manageable financial positioning for this field, though both the earnings and debt figures here come from national peer programs rather than Lake Michigan College's own outcomes. While the actual results for this specific school remain unreported due to small cohorts, comparable electrical and power transmission programs nationally produce first-year earnings around $45,000—a solid starting point for associate-degree holders entering skilled trades.

The estimated $12,000 debt load is notably lower than the national median for similar programs ($12,748), which would translate to monthly payments under $140 on a standard 10-year plan. Set against projected first-year earnings of nearly $45,000, graduates would be dedicating roughly 4% of their gross income to debt service. That's a comfortable margin that leaves room for living expenses and savings as workers establish themselves in the field.

The challenge here is uncertainty: with seven Michigan schools offering this program but none reporting verifiable outcomes data, parents lack concrete evidence about how Lake Michigan College graduates specifically fare. The national benchmarks suggest a reasonable value proposition—the 75th percentile nationally reaches almost $55,000—but whether this particular program connects students to Michigan's utility sector and transmission work effectively remains unclear. If your child has secured apprenticeship connections or lineworker training partnerships through the program, that practical pathway matters more than these estimated figures.

Where Lake Michigan College Stands

Earnings vs. debt across all electrical and power transmission installers associates's programs nationally

Compare to Similar Programs Nationally

Electrical and Power Transmission Installers associates's programs at top institutions nationally

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Lake Michigan CollegeBenton Harbor$5,265$44,727*$12,000*
Pierpont Community and Technical CollegeFairmont$5,594$99,033*$125,010*
Pennsylvania Highlands Community CollegeJohnstown$6,990$95,230**
Ivy Tech Community CollegeIndianapolis$4,912$80,734*$90,478$10,262*0.13
Texas State Technical CollegeWaco$7,192$76,445*$96,478$11,668*0.15
Richmond Community CollegeHamlet$2,552$73,774*$94,294$11,000*0.15
National Median$44,727*$12,748*0.29
* Estimated from similar programs

Career Paths

Occupations commonly associated with electrical and power transmission installers graduates

Electrical Power-Line Installers and Repairers

Install or repair cables or wires used in electrical power or distribution systems. May erect poles and light or heavy duty transmission towers.

$92,560/yrJobs growth:High school diploma or equivalent

Electrical and Electronics Repairers, Powerhouse, Substation, and Relay

Inspect, test, repair, or maintain electrical equipment in generating stations, substations, and in-service relays.

$71,270/yrJobs growth:

Electricians

Install, maintain, and repair electrical wiring, equipment, and fixtures. Ensure that work is in accordance with relevant codes. May install or service street lights, intercom systems, or electrical control systems.

$62,350/yrJobs growth:High school diploma or equivalent

First-Line Supervisors of Construction Trades and Extraction Workers

Directly supervise and coordinate activities of construction or extraction workers.

Solar Energy Installation Managers

Direct work crews installing residential or commercial solar photovoltaic or thermal systems.

First-Line Supervisors of Mechanics, Installers, and Repairers

Directly supervise and coordinate the activities of mechanics, installers, and repairers. May also advise customers on recommended services. Excludes team or work leaders.

Security and Fire Alarm Systems Installers

Install, program, maintain, and repair security and fire alarm wiring and equipment. Ensure that work is in accordance with relevant codes.

Signal and Track Switch Repairers

Install, inspect, test, maintain, or repair electric gate crossings, signals, signal equipment, track switches, section lines, or intercommunications systems within a railroad system.

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 Michigan College, approximately 18% 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.

Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 51 similar programs. Actual outcomes may vary.