At $9,139/yr net price, Laurel Technical Institute graduates earn $28,311/yr within 10 years of enrollment.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $9,139 |
| Estimated 4-Year Cost | $36,556 |
| Median Earnings (10yr post-entry) | $28,311/yr |
| Earnings Premium vs. HS Diploma | $-5,689/yr |
| Graduation Rate (6-year) | 74.2% |
| Median Debt at Graduation | $10,706 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $7,385/yr |
| $30,001 - $48,000 | $4,779/yr |
| $48,001 - $75,000 | $10,844/yr |
| $75,001 - $110,000 | $14,594/yr |
| $110,001+ | $13,459/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Allied Health Diagnostic, Intervention, and Treatment Professions. | Associate | $42,123 | $19,677 |
| Precision Metal Working. | Certificate | $30,409 | |
| Allied Health and Medical Assisting Services. | Associate | $23,134 | $12,593 |
| Cosmetology and Related Personal Grooming Services. | Certificate | $17,242 | $7,971 |
The Risk Factor
74.2% of students at Laurel Technical Institute graduate within 6 years. A significant share of students finish, but roughly 26% do not complete their degree.
Analysis
Laurel Technical Institute delivers mixed financial returns that depend heavily on your program choice. The school's $9,139 annual net price keeps debt manageable, but median earnings of $28,311 ten years after graduation lag behind many technical schools.
Allied Health Diagnostic programs offer the strongest return at $42,123 in median earnings, though you'll carry $19,677 in debt. Precision Metal Working provides solid middle-ground earnings at $30,409 with lower debt loads. These technical programs align well with Pennsylvania's manufacturing and healthcare job markets.
Avoid cosmetology here. At $17,242 in median earnings, you'll struggle to justify even the modest $7,971 debt load. The program underperforms compared to cosmetology outcomes at other schools.
The 74% graduation rate signals decent program completion, and the relatively low median debt of $10,706 means you won't face crushing loan payments. However, the earnings ceiling remains low across most programs.
This school works best if you're seeking quick entry into healthcare support roles or skilled trades without accumulating major debt. The Allied Health programs offer your clearest path to financial stability. You should look elsewhere if you want higher earning potential or if cosmetology is your target field. Consider Pennsylvania's community colleges for similar programs with potentially better regional employer connections and lower costs.
With 63% of students receiving aid, financial assistance is common but not guaranteed. Focus on federal aid rather than private loans to keep your debt manageable given the modest earning outcomes.
Frequently Asked Questions
Is Laurel Technical Institute worth the cost?
Laurel Technical Institute offers decent value for specific programs, particularly Allied Health Diagnostic which pays $42,123 annually. However, the overall 10-year earnings of $28,311 are modest, and programs like cosmetology only reach $17,242.
What are the best paying programs at Laurel Technical Institute?
Allied Health Diagnostic programs provide the strongest ROI at $42,123 annually, followed by Precision Metal Working at $30,409. Avoid cosmetology programs, which only average $17,242 per year.
How much debt do Laurel Technical Institute graduates have?
The median debt is relatively low at $10,706, which is manageable given the low annual net price of $9,139. This debt level is reasonable for graduates in higher-paying programs but problematic for lower-earning fields.
What is the graduation rate at Laurel Technical Institute?
Laurel Technical Institute has a 74.2% graduation rate, which is solid for a technical school. The high 95.2% acceptance rate means admission is easy, but completing the program requires commitment.