Median Earnings (1yr)
$39,632
71st percentile (60th in NJ)
Median Debt
$12,968
27% above national median
Debt-to-Earnings
0.33
Manageable
Sample Size
137
Adequate data

Analysis

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

Pennco Tech-BlackwoodOther heating, air conditioning, ventilation and refrigeration maintenance technology/technician (hac, hacr, hvac, hvacr) 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 Pennco Tech-Blackwood graduates compare to all programs nationally

Pennco Tech-Blackwood graduates earn $40k, placing them in the 71th percentile of all heating, air conditioning, ventilation and refrigeration maintenance technology/technician (hac, hacr, hvac, hvacr) 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 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)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Pennco Tech-Blackwood$39,632$39,670$12,9680.33
Adult and Continuing Education-BCTS$44,000$38,717——
Eastwick College-Nutley$40,270$41,694$10,7030.27
Fortis Institute-Wayne$34,064$41,984$12,1060.36
Fortis Institute-Lawrenceville$34,064$41,984$12,1060.36
National Median$35,749—$10,2230.29

Other Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician (HAC, HACR, HVAC, HVACR) Programs in New Jersey

Compare tuition, earnings, and debt across New Jersey schools

SchoolIn-State TuitionEarnings (1yr)Debt
Adult and Continuing Education-BCTS
Hackensack
—$44,000—
Eastwick College-Nutley
Nutley
$14,846$40,270$10,703
Fortis Institute-Wayne
Wayne
—$34,064$12,106
Fortis Institute-Lawrenceville
Lawrenceville
—$34,064$12,106

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.