Median Earnings (1yr)
$55,793
75th percentile
60th percentile in Wisconsin
Median Debt
$11,000
16% above national median

Analysis

With earnings of $55,793 against just $11,000 in debt, Northwood Technical College's heavy equipment maintenance program punches significantly above its weight class. That 0.20 debt-to-earnings ratio means graduates are looking at roughly two months of income to clear their debtβ€”a manageable burden that lets them actually keep what they earn. The program ranks at the 75th percentile nationally and beats Wisconsin's median by $6,000, placing it among the stronger in-state options even if a couple programs edge it out slightly.

The financial math here is straightforward: you're paying roughly one-fifth of your first year's salary for training that leads to above-average wages in a field with steady demand. While the small cohort size (under 30 graduates) means individual circumstances can swing these numbers, the gap between debt and earnings provides real cushion. At 30% Pell-eligible students, this program is clearly serving students who need credentials that translate directly into paychecks.

For parents worried about their child taking on debt for technical training, this represents the low-risk scenario you're looking for. The debt load is minimal, the earnings advantage is real, and graduates enter the workforce with skills that Wisconsin employers actually need.

Where Northwood Technical College Stands

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

Earnings Distribution

How Northwood Technical College graduates compare to all programs nationally

Compare to Similar Programs in Wisconsin

Heavy/Industrial Equipment Maintenance Technologies certificate's programs at peer institutions in Wisconsin (16 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Northwood Technical CollegeRice Lake$4,524$55,793β€”$11,0000.20
Chippewa Valley Technical CollegeEau Claire$4,724$49,667$57,793$12,0000.24
Western Technical CollegeLa Crosse$4,716$46,591$57,781$9,1660.20
National Medianβ€”$50,524β€”$9,5000.19

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 Northwood Technical College, approximately 30% 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.

Sample Size: Based on 24 graduates with reported earnings and 25 graduates with debt data. Small samples may not be representative.