At $15,239/yr net price, Interactive College of Technology-Newport graduates earn $27,065/yr within 10 years of enrollment.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $15,239 |
| Estimated 4-Year Cost | $60,956 |
| Median Earnings (10yr post-entry) | $27,065/yr |
| Earnings Premium vs. HS Diploma | $-6,935/yr |
| Graduation Rate (6-year) | 42.5% |
| Median Debt at Graduation | $10,555 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $15,010/yr |
| $30,001 - $48,000 | $16,552/yr |
| $48,001 - $75,000 | $17,514/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician (HAC, HACR, HVAC, HVACR). | Certificate | $40,283 | $10,810 |
| Accounting and Related Services. | Certificate | $20,140 | |
| Accounting and Related Services. | Associate | $16,169 | $13,833 |
| Business Operations Support and Assistant Services. | Certificate | $16,169 | $7,634 |
The Risk Factor
42.5% of students at Interactive College of Technology-Newport graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.
Analysis
Interactive College of Technology-Newport delivers poor financial returns that make it hard to justify the cost. With median earnings of just $27,065 ten years after graduation and a net price of $15,239 annually, you're looking at a payback period that stretches well beyond what most career-focused programs should require.
The HVAC program stands out as the only financially viable option, with graduates earning $40,283 annually against typical debt of $10,810. This creates a reasonable debt-to-income ratio that most graduates can manage. The accounting and business programs tell a different story, with earnings between $16,169 and $20,140 that barely exceed what you could earn without any postsecondary education.
The 42.5% graduation rate compounds the financial risk. Nearly six out of ten students leave without completing their programs, often carrying debt with no credential to show for it. Even graduates face challenges, as the low earnings figures suggest limited career advancement opportunities in the regional job market around Newport.
You should consider this school only if you're specifically interested in the HVAC program and have exhausted other training options in the Cincinnati-Northern Kentucky area. The heating and cooling field offers stable demand and the program's outcomes justify the investment. For accounting or business training, you'll find better value at community colleges or other institutions with stronger job placement records and lower costs.
With nearly 74% of students receiving financial aid, the school clearly serves students with limited resources. However, the combination of low graduation rates and weak earnings outcomes creates a debt trap for many who enroll.
Frequently Asked Questions
Is Interactive College of Technology-Newport worth the cost?
Interactive College of Technology-Newport has mixed value depending on your program choice. HVAC graduates earn $40,283 annually, making the $15,239 yearly cost worthwhile, but accounting and business programs only lead to $16,000-$20,000 salaries.
What is the job market like for Interactive College of Technology-Newport graduates?
Graduate outcomes vary significantly by program at Interactive College of Technology-Newport. The 42.5% graduation rate is below average, and only HVAC students see strong earning potential compared to the cost of attendance.
How much debt do Interactive College of Technology-Newport students typically have?
Interactive College of Technology-Newport students graduate with a median debt of $10,555, which is manageable for HVAC graduates but creates financial strain for accounting and business students earning under $21,000 annually.
Which programs at Interactive College of Technology-Newport have the best return on investment?
HVAC is the clear winner at Interactive College of Technology-Newport with graduates earning $40,283 annually. Accounting and business programs offer poor ROI with starting salaries around $16,000-$20,000 despite similar program costs.