Analysis
Precision metal working programs nationwide typically produce first-year earnings around $41,500, but Iowa's specialized manufacturing economy tells a different story. At Kirkwood Community College—Iowa's benchmark program with actual reported outcomes—graduates earn $48,114 in their first year, about $6,600 more than the national average suggests for Marshalltown. This gap matters when you're evaluating whether Marshalltown's program can compete with what other Iowa schools are delivering in this field.
The estimated debt load of $11,562 is actually lighter than what similar programs typically carry nationally ($12,000) and considerably less than Iowa's median ($13,500). With a debt-to-earnings ratio around 0.28, graduates from comparable programs can typically manage their loans comfortably—roughly three months of gross pay. The real question is whether Marshalltown's connections to Iowa manufacturers will help students achieve the higher earnings that appear standard across the state, or if they'll land closer to the national baseline.
Given that Iowa has twelve schools competing in this space and Kirkwood has established a strong track record, you'll want to dig into Marshalltown's specific employer partnerships and job placement rates. If they're placing graduates into the same Iowa manufacturing facilities paying $48K+, this could be a solid pathway. If not, that $6,600 annual earnings difference compounds quickly over a career.
Where Marshalltown Community College Stands
Earnings vs. debt across all precision metal working associates's programs nationally
Compare to Similar Programs in Iowa
Precision Metal Working associates's programs at peer institutions in Iowa (12 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $5,304 | $41,504* | — | $11,562* | — | |
| $5,980 | $48,114* | $50,579 | $13,500* | 0.28 | |
| National Median | — | $41,504* | — | $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 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 56 similar programs. Actual outcomes may vary.