Median Earnings (1yr)
$35,975
10th percentile
Median Debt
$12,000
5% below national median
Debt-to-Earnings
0.33
Manageable
Sample Size
22
Limited data

Analysis

Ranken Technical College's carpentry program shows an interesting split: while it ranks only at the 10th percentile nationally, it hits the 60th percentile among Missouri programs—though this comparison matters less given there are only three carpentry associate's programs in the state. With first-year earnings of $35,975 and manageable debt of $12,000 (a 0.33 ratio), graduates start roughly $3,400 below the national median but see healthy 18% income growth by year four.

The real question is whether an associate's degree makes sense for carpentry at all. Most carpenters enter the trade through apprenticeships that pay while you learn, avoiding debt entirely. The $12,000 debt here is reasonable compared to most college programs, but not when measured against $0 debt from an apprenticeship program. The modest starting salary of $36,000 isn't low for trades work, but it needs to justify the two years out of the workforce and the loan burden.

For families committed to the associate's degree route rather than direct apprenticeship, these numbers work—the debt is manageable and earnings grow steadily. But before enrolling, your child should seriously explore union apprenticeships or non-degree training programs in the St. Louis area. The small sample size here (under 30 graduates tracked) also means these outcomes could vary significantly for future cohorts.

Where Ranken Technical College Stands

Earnings vs. debt across all carpenters associates's programs nationally

Ranken Technical CollegeOther carpenters 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 Ranken Technical College graduates compare to all programs nationally

Ranken Technical College graduates earn $36k, placing them in the 10th percentile of all carpenters associates 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 Missouri

Carpenters associates's programs at peer institutions in Missouri (3 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Ranken Technical College$35,975$42,559$12,0000.33
National Median$39,420—$12,6100.32

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 Ranken Technical College, approximately 42% 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.