Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician (HAC, HACR, HVAC, HVACR) at Pennco Tech-Blackwood
Undergraduate Certificate or Diploma
penncotech.eduAnalysis
Pennco Tech's HVAC program places graduates into stable, immediate-earning trades jobs—but what you see at graduation is essentially what you get. Starting at $39,632, earnings barely budge over the next four years, raising questions about long-term career progression. Among New Jersey's HVAC programs, this sits at the state median (60th percentile), meaning about half the programs produce better outcomes. Nationally, it performs better at the 71st percentile, though this largely reflects New Jersey's higher cost of living boosting all local wages.
The program's strength lies in its efficiency: at $12,968 in median debt, graduates owe just 33 cents for every dollar of first-year earnings. That's a manageable burden that can typically be paid off within a few years, especially important given that nearly 60% of students receive Pell grants. The debt sits slightly above the state median but remains reasonable for immediate job placement.
The stagnant earnings trajectory is the central concern here. When a program shows zero wage growth over four years, it suggests graduates may be hitting a ceiling quickly—perhaps staying in entry-level technician roles rather than moving into supervisory positions or specializations. For families prioritizing financial security, this program delivers quick employment with low debt, but it's worth understanding that the $39,000 salary is likely where your child will remain without additional training or entrepreneurship.
Where Pennco Tech-Blackwood Stands
Earnings vs. debt across all heating, air conditioning, ventilation and refrigeration maintenance technology/technician (hac, hacr, hvac, hvacr) certificate's programs nationally
Earnings Distribution
How Pennco Tech-Blackwood graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Pennco Tech-Blackwood | $39,632 | $39,670 | +0% |
| Fortis Institute-Wayne | $34,064 | $41,984 | +23% |
| Fortis Institute-Lawrenceville | $34,064 | $41,984 | +23% |
| Eastwick College-Nutley | $40,270 | $41,694 | +4% |
| Adult and Continuing Education-BCTS | $44,000 | $38,717 | -12% |
Compare to Similar Programs in New Jersey
Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician (HAC, HACR, HVAC, HVACR) certificate's programs at peer institutions in New Jersey (10 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| — | $39,632 | $39,670 | $12,968 | 0.33 | |
| — | $44,000 | $38,717 | — | — | |
| $14,846 | $40,270 | $41,694 | $10,703 | 0.27 | |
| — | $34,064 | $41,984 | $12,106 | 0.36 | |
| — | $34,064 | $41,984 | $12,106 | 0.36 | |
| National Median | — | $35,749 | — | $10,223 | 0.29 |
Career Paths
Occupations commonly associated with heating, air conditioning, ventilation and refrigeration maintenance technology/technician (hac, hacr, hvac, hvacr) graduates
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 Pennco Tech-Blackwood, approximately 59% 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 137 graduates with reported earnings and 137 graduates with debt data. Small samples may not be representative.