At $20,601/yr net price, Denmark Technical College graduates earn $25,351/yr within 10 years of enrollment.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $20,601 |
| Estimated 4-Year Cost | $82,404 |
| Median Earnings (10yr post-entry) | $25,351/yr |
| Earnings Premium vs. HS Diploma | $-8,649/yr |
| Graduation Rate (6-year) | 13.8% |
| Median Debt at Graduation | $15,250 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $20,038/yr |
| $30,001 - $48,000 | $19,120/yr |
| $48,001 - $75,000 | $22,962/yr |
| $75,001 - $110,000 | $25,045/yr |
The Risk Factor
13.8% of students at Denmark Technical College graduate within 6 years. Fewer than half of students complete their degree. If you don't graduate, the financial investment may not pay off.
Analysis
Denmark Technical College presents a concerning financial picture with median earnings of just $25,351 ten years after enrollment and a graduation rate of only 14%. The return on investment is weak across most programs, with graduates earning barely above poverty wages despite accumulating $15,250 in median debt.
The extremely low graduation rate signals serious completion risks at this institution. For every 100 students who enroll, only 14 graduate, meaning most students leave with debt but no credential. This completion crisis makes Denmark Technical College financially risky for most prospective students.
Your earnings potential after Denmark Technical College will likely keep you in low-wage work. The median graduate earnings fall well short of what you need to comfortably repay student loans while covering basic living expenses in South Carolina. Even accounting for the lower cost of living in rural areas, these wages provide little financial mobility.
Denmark Technical College might work financially if you can complete your program without borrowing and have guaranteed job placement in your field. However, the data suggests most students struggle to finish their programs here. You should seriously consider other South Carolina technical colleges with higher graduation rates and better employment outcomes.
With less than 40% of students receiving financial aid, Denmark Technical College appears to offer limited scholarship opportunities. The high net price of $20,601 annually for a two-year program represents poor value given the weak earning outcomes. Community colleges in neighboring regions typically offer similar programs with better completion rates and lower costs.
Frequently Asked Questions
Is Denmark Technical College worth the cost?
Denmark Technical College has concerning ROI metrics with graduates earning just $25,351 ten years after enrollment against a net price of $20,601 per year. The extremely low graduation rate of 13.8% means most students don't complete their programs.
What is the job outlook for Denmark Technical College graduates?
Denmark Technical College graduates earn below the national average for technical college graduates at $25,351 annually. The low earnings combined with the poor graduation rate suggest limited career advancement opportunities for most students.
How much debt do Denmark Technical College students typically have?
Students who complete Denmark Technical College typically graduate with $15,250 in debt. Given the low post-graduation earnings of $25,351, this debt burden represents a significant portion of annual income.
What are the graduation rates at Denmark Technical College?
Denmark Technical College has a 13.8% graduation rate, meaning fewer than 1 in 7 students complete their programs. This extremely low completion rate is a major red flag for prospective students considering the financial investment.