ROI Major

Clinical/Medical Laboratory Science and Allied Professions at Illinois Eastern Community Colleges - Olney Central 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 Illinois Eastern Community Colleges - Olney Central College earn a median salary of $33,078 within five years of graduation. Adjusted for the cost of living in IL, this represents a national purchasing power equivalent of $36,033. The degree typically pays for itself in over 10 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

$26,543

Typical Career

$33,078

Top Performers

$44,129

Break-even is not clear from the available earnings data.

Debt-to-Income Check

$221

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $2,757. Most students can comfortably afford about a $221 monthly loan payment with this degree.

Comparison Bench

This degree earns 0.9x more than the average US high school graduate and 0.4x 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 54.7%
Manufacturing 14.5%
Retail Trade 6.9%

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

$36,033

Nominal: $33,078 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).

>10 years (extrapolated) 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 $22,038 $26,795 $32,250
5 Years After Graduation $26,543 $33,078 $44,129
10 Years After Graduation $28,536 $35,872 $48,315

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 $33,078 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)
= $33,078 × (1.0 ÷ 0.9180) = $36,033 National Average equivalent.

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

Career Verdict

The earnings trajectory for graduates in Clinical/Medical Laboratory Science and Allied Professions at Illinois Eastern Community Colleges - Olney Central College shows a steady increase over time. One year post-graduation, median earnings are reported at $26,795, rising to $33,078 after five years, and reaching $35,872 after ten years. When adjusted for purchasing power, the five-year salary aligns closely with the national equivalent at approximately $36,032.68, indicating that graduates can expect a reasonable standard of living relative to their peers nationwide.

Graduates predominantly enter the Health Care & Social Assistance sector, with 72.5% of them working in this field shortly after graduation. This trend continues with 54.7% and 49.5% remaining in the same industry over the next five and ten years, respectively. However, the estimated break-even point compared to a high-school-only path exceeds ten years, suggesting that while there is a clear pathway into a stable industry, the return on investment may take considerable time to materialize.

Compare with Another School

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

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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.