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
The financial return at Laurel Technical Institute is weak, and the median tells the story: ten years out, the typical graduate earns about $28,000, close to what full-time minimum-wage work pays in many places. That number sits below the associate degree in allied health diagnostics, the one program here that clears $42,000, which means most of your fellow graduates end up in lower-paying fields dragging the median down.
Your program choice decides everything at this school. The allied health diagnostic associate is the only path that pays back its cost, though it also carries the highest debt at nearly $20,000. Precision metal working, a certificate, lands around $30,000 with no debt figure that threatens you. The medical assisting associate and the cosmetology certificate are the losers here: cosmetology graduates earn around $17,000, below what most jobs requiring no credential pay, so that program is hard to justify financially even at its low debt of under $8,000.
The specific risk is that the credential you earn may not move your earnings much. A 74% graduation rate is high for a for-profit two-year school, so finishing is likely, but finishing cosmetology or medical assisting still leaves you near the bottom of the earnings range. Debt stays modest across the board, which limits the damage.
This school fits you if you enter the allied health diagnostic or precision metal working track and want a fast, low-debt credential tied to a specific Hermitage-area job. Look elsewhere if you are drawn to cosmetology or general medical assisting.
On price, the middle tiers are odd: families earning $30,000 to $48,000 pay under $5,000, the cheapest of any group, while families above $48,000 pay $10,000 to $14,000. If your family income lands in that lower band, the aid math works in your favor here.
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.