Public · Mostly associate degrees · Remote town

Lake Area Technical College

Watertown, South Dakota. 1,812 undergraduates.

76%Graduation rate38 pts above the national median for similar colleges (38%)
$15,278Average net price per year54% above the national median for similar colleges ($9,953)
$48,729Median earnings 10 years after starting8% above the national median for similar colleges ($45,146)
$11,000Median debt at graduation8% below the national median for similar colleges ($12,000)
Our read

Graduates' median debt ($11,000) equals 23% of former students' median earnings ten years after starting ($48,729). That is a light load relative to pay.

What families actually pay

Under $30,000$11,001
$30,000–$48,000$11,433
$48,001–$75,000$12,318
$75,001–$110,000$17,183
Over $110,000$18,104

Average yearly net price for first-time, full-time students who received federal aid, by family income. Net price is the cost of attendance minus grants and scholarships. Source: College Scorecard.

Compare net price across collegesPublished tuition and fees: $7,622.

Do students finish, and what do they earn?

MeasureThis collegeSimilar colleges nationally
Graduation rate76%38%
Return for second year81%64%
Median earnings, 6 years after starting$48,159$40,416
Median earnings, 10 years after starting$48,729$45,146
Median debt at graduation$11,000$12,000

Graduation rate within 150% of normal time; retention is the share of first-year students who return. Earnings are medians for former students who received federal aid, working and not enrolled. National comparison is the median for colleges of the same type (mostly associate degrees).

Programs and what graduates earn

31 programs reported

Program-level medians for graduates who received federal aid. A dash means the Department of Education suppressed the figure to protect privacy, usually because the program is small. At four-year colleges, certificate graduates often earned a bachelor's at the same time, so their earnings can reflect the degree. Source: College Scorecard, field of study data.

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Quick answers

How much does Lake Area Technical College cost per year?
The average net price at Lake Area Technical College, what students pay after grants and scholarships, is $15,278 per year. Source: U.S. Department of Education College Scorecard.
How much do Lake Area Technical College graduates earn?
Former Lake Area Technical College students earn a median of $48,729 a year ten years after starting college. Source: U.S. Department of Education College Scorecard.
What is the graduation rate at Lake Area Technical College?
76% of Lake Area Technical College students graduate within 150% of normal time. Source: U.S. Department of Education College Scorecard.
How much student debt do Lake Area Technical College graduates have?
The median federal student debt at graduation from Lake Area Technical College is $11,000. Source: U.S. Department of Education College Scorecard.