Est. Earnings (1yr)
$55,532
Est. from national median (29 programs)
Est. Median Debt
$11,875
Est. from national median (12 programs)

Analysis

The $11,875 in estimated debt for this industrial equipment maintenance program appears manageable against first-year earnings that peer programs across the country typically generate—around $55,500. That's a debt-to-earnings ratio of just 0.21, meaning graduates from similar programs generally earn enough in their first year to cover their educational investment five times over. This kind of technical training usually leads to stable work in manufacturing, construction equipment, or agricultural machinery repair—fields with consistent demand in Iowa's economy.

That said, the lack of reportable data from Marshalltown specifically, or from any of the seven schools offering this program in Iowa, makes it harder to gauge what outcomes look like regionally. National benchmarks suggest this field doesn't vary wildly—the 75th percentile nationally is only about $7,000 higher than the median—but Iowa's job market and cost of living differ from the national average. The relatively low Pell grant percentage (21%) might indicate a student body with existing connections to trades or family businesses, which could influence post-graduation employment patterns that won't show up in Department of Education data.

For families considering this path, the estimated numbers suggest a reasonable financial proposition if your student is genuinely interested in hands-on mechanical work. Just verify that Marshalltown's specific program has strong employer connections in your region, since the actual placement outcomes remain uncertain.

Where Marshalltown Community College Stands

Earnings vs. debt across all heavy/industrial equipment maintenance technologies associates's programs nationally

Compare to Similar Programs Nationally

Heavy/Industrial Equipment Maintenance Technologies associates's programs at top institutions nationally

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Marshalltown Community CollegeMarshalltown$5,304$55,532*—$11,875*—
Oklahoma State University Institute of TechnologyOkmulgee$5,774$68,422*—$11,667*0.17
Dakota County Technical CollegeRosemount$6,419$67,618*$69,147$12,000*0.18
Gateway Community and Technical CollegeFlorence$4,656$66,827*—$12,000*0.18
Elizabethtown Community and Technical CollegeElizabethtown$4,656$65,535*$70,340$10,838*0.17
Bluegrass Community and Technical CollegeLexington$4,706$64,355*$73,100$10,250*0.16
National Median—$55,532*—$12,000*0.22
* Estimated from similar programs

Career Paths

Occupations commonly associated with heavy/industrial equipment maintenance technologies graduates

Elevator and Escalator Installers and Repairers

Assemble, install, repair, or maintain electric or hydraulic freight or passenger elevators, escalators, or dumbwaiters.

$106,580/yrJobs growth:High school diploma or equivalent

Industrial Machinery Mechanics

Repair, install, adjust, or maintain industrial production and processing machinery or refinery and pipeline distribution systems. May also install, dismantle, or move machinery and heavy equipment according to plans.

$63,510/yrJobs growth:High school diploma or equivalent

Maintenance Workers, Machinery

Lubricate machinery, change parts, or perform other routine machinery maintenance.

$63,510/yrJobs growth:High school diploma or equivalent

Millwrights

Install, dismantle, or move machinery and heavy equipment according to layout plans, blueprints, or other drawings.

$63,510/yrJobs growth:High school diploma or equivalent

Mobile Heavy Equipment Mechanics, Except Engines

Diagnose, adjust, repair, or overhaul mobile mechanical, hydraulic, and pneumatic equipment, such as cranes, bulldozers, graders, and conveyors, used in construction, logging, and mining.

$62,740/yrJobs growth:High school diploma or equivalent

Rail Car Repairers

Diagnose, adjust, repair, or overhaul railroad rolling stock, mine cars, or mass transit rail cars.

$62,740/yrJobs growth:High school diploma or equivalent

Wind Turbine Service Technicians

Inspect, diagnose, adjust, or repair wind turbines. Perform maintenance on wind turbine equipment including resolving electrical, mechanical, and hydraulic malfunctions.

$62,580/yrJobs growth:Postsecondary nondegree award

Control and Valve Installers and Repairers, Except Mechanical Door

Install, repair, and maintain mechanical regulating and controlling devices, such as electric meters, gas regulators, thermostats, safety and flow valves, and other mechanical governors.

Refractory Materials Repairers, Except Brickmasons

Build or repair equipment such as furnaces, kilns, cupolas, boilers, converters, ladles, soaking pits, and ovens, using refractory materials.

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 Marshalltown Community College, approximately 21% 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 29 similar programs. Actual outcomes may vary.