Analysis
A debt-to-earnings ratio of 0.29 suggests a manageable financial burden, particularly for an associate degree that gets graduates into the workforce quickly. Based on comparable engineering technology programs nationally, first-year earnings around $48,000 represent solid entry-level compensation—matching the national median for this credential. The estimated debt of roughly $14,000 means graduates would face monthly loan payments of approximately $150 on a standard 10-year plan, consuming less than 4% of gross income.
The challenge here is uncertainty. With no Virginia programs reporting outcomes data and these figures derived entirely from national peers, you're essentially betting that Laurel Ridge's program mirrors trends elsewhere. Engineering technology can encompass everything from drafting and CAD work to industrial maintenance, and outcomes vary considerably based on regional employer demand and program specialization. The relatively low Pell grant percentage (18%) suggests this may not be the most accessible pathway for lower-income students, though the modest debt load helps offset that concern.
If your child has clear career goals in manufacturing, construction technology, or industrial systems—and you've verified that local employers hire graduates from this specific program—the financial picture looks workable. Without that employer connection, you're operating on faith that Laurel Ridge's outcomes match the national average rather than falling below it.
Where Laurel Ridge Community College Stands
Earnings vs. debt across all engineering technology associates's programs nationally
Compare to Similar Programs Nationally
Engineering Technology associates's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $4,928 | $48,321* | — | $13,834* | — | |
| $4,516 | $61,123* | — | —* | — | |
| $5,774 | $53,143* | $70,007 | $11,000* | 0.21 | |
| $4,550 | $52,531* | $59,650 | $13,865* | 0.26 | |
| $5,350 | $50,148* | — | $13,834* | 0.28 | |
| $4,046 | $46,493* | $38,281 | $18,000* | 0.39 | |
| National Median | — | $48,320* | — | $12,917* | 0.27 |
Career Paths
Occupations commonly associated with engineering technology graduates
Aerospace Engineering and Operations Technologists and Technicians
Electrical and Electronic Engineering Technologists and Technicians
Electro-Mechanical and Mechatronics Technologists and Technicians
Robotics Technicians
Industrial Engineering Technologists and Technicians
Nanotechnology Engineering Technologists and Technicians
Civil Engineering Technologists and Technicians
Engineering Technologists and Technicians, Except Drafters, All Other
Non-Destructive Testing Specialists
Photonics Technicians
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 Laurel Ridge Community 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 8 similar programs. Actual outcomes may vary.