Analysis
Michigan's precision metal working programs typically deliver strong outcomes, with the state median at $53,450βnotably higher than the national benchmark of $41,504. Lake Michigan College's estimated first-year earnings fall well below that state average, suggesting graduates here may face a steeper climb than peers at programs like Ferris State or Grand Rapids Community College, where reported earnings exceed $50,000.
The estimated debt load of $11,562 is actually lighter than both state and national medians, yielding a manageable debt-to-earnings ratio of 0.28. That's the silver lining: comparable programs nationwide suggest this credential won't saddle students with crushing payments. Still, the earnings gap matters. If similar programs in Michigan are indeed producing outcomes closer to $53,000, this program's estimated trajectory leaves significant money on the table during those critical early career years when graduates are establishing financial footing.
The reality is that Lake Michigan College's small graduate cohort means we're working with educated guesses rather than hard numbers. If your child is considering this program, understand you're looking at what peer programs typically produce, not what this specific school has demonstrated. Given Michigan's strong metalworking job market, the credential itself has valueβbut comparing reported outcomes at larger state programs would help you understand whether the geographic convenience or lower debt here offsets potentially lower earnings.
Where Lake Michigan College Stands
Earnings vs. debt across all precision metal working associates's programs nationally
Compare to Similar Programs in Michigan
Precision Metal Working associates's programs at peer institutions in Michigan (23 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $5,265 | $41,504* | β | $11,562* | β | |
| $13,630 | $56,811* | $77,380 | $17,500* | 0.31 | |
| $4,059 | $50,089* | β | β* | β | |
| 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 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 56 similar programs. Actual outcomes may vary.