At $19,173/yr net price, Erie Institute of Technology Inc graduates earn $41,951/yr within 10 years of enrollment, which is $7,951/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $19,173 |
| Estimated 4-Year Cost | $76,692 |
| Median Earnings (10yr post-entry) | $41,951/yr |
| Earnings Premium vs. HS Diploma | +$7,951/yr |
| Estimated Break-Even | 9.6 years |
| Graduation Rate (6-year) | 84.1% |
| Median Debt at Graduation | $10,738 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $17,917/yr |
| $30,001 - $48,000 | $17,548/yr |
| $48,001 - $75,000 | $20,954/yr |
| $75,001 - $110,000 | $20,664/yr |
| $110,001+ | $21,617/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Environmental Control Technologies/Technicians. | Certificate | $33,993 | $10,688 |
| Precision Metal Working. | Certificate | $30,616 | $8,475 |
| Computer and Information Sciences and Support Services, Other. | Associate | $29,141 | |
| Electrical and Power Transmission Installers. | Certificate | $25,194 | $11,152 |
| Computer Software and Media Applications. | Associate | $18,315 |
The Risk Factor
84.1% of students at Erie Institute of Technology Inc graduate within 6 years. Most students who start here finish their degree.
Analysis
Erie Institute of Technology delivers modest returns for a trade school, with graduates earning $41,951 annually after carrying relatively low debt loads of $10,738. The school's 84% graduation rate suggests students complete their programs, but the earnings outcomes vary dramatically by major.
Environmental Control Technologies offers the strongest financial prospects at $33,993 annually, while Precision Metal Working graduates earn $30,616 with the lowest debt burden at $8,475. These programs align well with Pennsylvania's industrial economy and provide reasonable returns on your investment.
Computer Software and Media Applications presents a concerning outcome, with graduates earning just $18,315 annually. This program fails to justify even the school's moderate costs and puts you at financial risk. Computer and Information Sciences fares better at $29,141 but still lags behind skilled trades options.
You face the typical for-profit school challenge of higher costs compared to community colleges offering similar programs. At $19,173 annually, you'll pay premium prices for training that public institutions often provide for less money.
This school works best if you're pursuing environmental or precision metalworking careers and value the higher completion rates that come with smaller class sizes. The financial aid participation rate of 51% suggests aid is available but not universally accessible.
Skip Erie Institute if you're considering computer programs, where community colleges offer better value. Also reconsider if you can access similar training through apprenticeships or public institutions, which typically provide stronger long-term financial outcomes for skilled trades preparation.
Frequently Asked Questions
Is Erie Institute of Technology Inc worth the cost?
With a net price of $19,173 and 10-year median earnings of $41,951, Erie Institute of Technology provides moderate value compared to other technical schools. The relatively low median debt of $10,738 helps offset the below-average earnings potential.
What are the highest paying programs at Erie Institute of Technology Inc?
Environmental Control Technologies leads with $33,993 median earnings, followed by Precision Metal Working at $30,616. Computer and software programs lag significantly behind, with some earning as little as $18,315 annually.
How much debt do Erie Institute of Technology Inc graduates typically have?
The median debt load is $10,738, which is manageable compared to many technical schools. However, graduates in lower-paying programs like computer software may struggle with loan payments despite the modest debt amount.
What is the graduation rate at Erie Institute of Technology Inc?
The school maintains an 84% graduation rate, which is strong for a technical institute. This suggests most students who enroll complete their programs, though earnings outcomes vary significantly by field of study.