Median Earnings (1yr)
$33,466
62nd percentile (60th in IL)
Median Debt
$9,750
10% below national median
Debt-to-Earnings
0.29
Manageable
Sample Size
57
Adequate data

Analysis

Midwestern Career College's medical laboratory certificate offers a solid entry point into healthcare, outpacing both Illinois and national norms for similar programs. At $33,466 first-year earnings, graduates earn about 10% more than the typical Illinois certificate holder in this field and rank in the 60th percentile statewide. The $9,750 debt burden—requiring just 3.5 months of gross earnings to repay—is manageable compared to many certificate programs.

The program faces a common challenge in healthcare credentials: minimal earnings growth. The modest $900 increase to $34,370 over four years suggests this certificate functions as a stepping stone rather than a long-term career credential. Still, the debt-to-earnings ratio of 0.29 means graduates aren't trapped by payments, leaving room to pursue additional training if desired. With 40% of students receiving Pell grants, the program serves a population where even moderate debt matters.

For families seeking quick healthcare employment in Chicago without major financial risk, this certificate does what it promises. The earnings won't transform your child's financial situation, but they beat flipping burgers, and the debt won't haunt them for years. If lab work is genuinely appealing and your child might pursue an associate's or bachelor's later, this could be a reasonable first move.

Where Midwestern Career College Stands

Earnings vs. debt across all clinical/medical laboratory science/research and allied professions certificate's programs nationally

Midwestern Career CollegeOther clinical/medical laboratory science/research and allied professions programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Midwestern Career College graduates compare to all programs nationally

Midwestern Career College graduates earn $33k, placing them in the 62th percentile of all clinical/medical laboratory science/research and allied professions certificate programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Illinois

Clinical/Medical Laboratory Science/Research and Allied Professions certificate's programs at peer institutions in Illinois (31 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Midwestern Career College$33,466$34,370$9,7500.29
City Colleges of Chicago-Malcolm X College$26,947———
National Median$31,071—$10,8660.35

Other Clinical/Medical Laboratory Science/Research and Allied Professions Programs in Illinois

Compare tuition, earnings, and debt across Illinois schools

SchoolIn-State TuitionEarnings (1yr)Debt
City Colleges of Chicago-Malcolm X College
Chicago
$4,380$26,947—

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 Midwestern Career College, approximately 40% 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.