ROI Major

Clinical/Medical Laboratory Science and Allied Professions at Elgin Community College

IL · Certificate Degree · CIP 51.10

Apply Now Data: 2026 release

Executive Summary

Graduates with a Clinical/Medical Laboratory Science and Allied Professions degree from Elgin Community College earn a median salary of $40,146 within five years of graduation. Adjusted for the cost of living in IL, this represents a national purchasing power equivalent of $43,732. The degree typically pays for itself in 22.8 years.

Quick Insights

Slow Burn / High Debt Risk

How this degree looks at a glance

A fast read on salary range, break-even speed, living-cost impact, and where graduates from this school usually land.

Salary Ranges

Starting Range

$31,394

Typical Career

$40,146

Top Performers

$51,789

Estimated break-even: 22.8 years.

Debt-to-Income Check

$268

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $3,346. Most students can comfortably afford about a $268 monthly loan payment with this degree.

Comparison Bench

This degree earns 1.0x more than the average US high school graduate and 0.5x more than the average college graduate.

Purchasing Power Context

A dollar in Illinois buys what costs $0.92 nationally.

Industry Breadcrumbs

Top industries for bachelor's graduates from this school: Health Care & Social Assistance, Manufacturing, Retail Trade.

Where Certificate Graduates from This School Work

Health Care & Social Assistance 20.0%
Manufacturing 12.4%
Retail Trade 9.4%

Institution-wide industry mix for graduates, 5 years after graduation. This is not major-specific. Source: Census PSEO Flows.

5-Year Median Salary — National Purchasing Power Equivalent

$43,732

Nominal: $40,146 in Illinois (COL 91.8% of national avg) · 8.9% higher purchasing power

10-Year Earnings Curve

Break-Even Timeline

How long until cumulative earnings advantage exceeds total college investment (tuition + opportunity cost vs. entering workforce directly after high school).

22.8 years to break even
Graduation 15 years

Total Investment

$155,168

4yr tuition + 4yr opportunity cost

HS Graduate Baseline

$38,792/yr

BLS 2023 median, HS diploma

View Raw Data: Median Earnings by Year
Timeframe 25th Pct. Median (50th) 75th Pct.
1 Year After Graduation $23,661 $29,614 $37,634
5 Years After Graduation $31,394 $40,146 $51,789
10 Years After Graduation $40,170 $49,703 $74,729

Source: US Census Bureau Post-Secondary Employment Outcomes (PSEO), 2025 release. Earnings shown for Bachelor's degree graduates (all cohorts combined).

How We Calculate Purchasing Power

The median salary of $40,146 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in IL, which has a cost-of-living index of 91.8% of the national average.

Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $40,146 × (1.0 ÷ 0.9180) = $43,732 National Average equivalent.

COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →

Career Verdict

Graduates in Clinical/Medical Laboratory Science and Allied Professions from Elgin Community College can expect a steady increase in earnings over time. The median earnings one year after graduation stand at $29,614, rising to $40,146 after five years and reaching $49,703 after ten years. When adjusted for purchasing power, the five-year salary aligns with a national equivalent of $43,732.03, indicating that while initial earnings may be modest, the long-term financial outlook is favorable, especially considering the cost of living index in Illinois is lower than the national average.

The majority of graduates enter the Health Care & Social Assistance sectors, with 53.1% in one area and significant portions in related fields. This concentration suggests a robust job market for graduates in these industries. However, the estimated break-even point compared to a high-school-only path is approximately 22.8 years, which indicates that while the return on investment may take time to materialize, the career trajectory in this field offers potential for growth and stability in a critical sector.

Compare with Another School

See how the Clinical/Medical Laboratory Science and Allied Professions degree at Elgin Community College stacks up against another institution side-by-side.

Ready to apply?

Start your application for Clinical/Medical Laboratory Science and Allied Professions at Elgin Community College.

Apply to Elgin Community College

Explore More

Other Degrees at Elgin Community College

Data sources: US Census Bureau Post-Secondary Employment Outcomes (PSEO). Cost-of-living index: BLS Regional CPI & MIT Living Wage Project. Cost of attendance: IPEDS. For informational use only; data may be suppressed for small cohort sizes.