ROI Major

Clinical/Medical Laboratory Science and Allied Professions at Lake Area Technical College

SD · Associate's Degree · CIP 51.10

Apply Now Data: 2026 release

Executive Summary

Graduates with a Clinical/Medical Laboratory Science and Allied Professions degree from Lake Area Technical College earn a median salary of $47,864 within five years of graduation. Adjusted for the cost of living in SD, this represents a national purchasing power equivalent of $51,028. The degree typically pays for itself in 14.9 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

$40,556

Typical Career

$47,864

Top Performers

$55,906

Estimated break-even: 14.9 years.

Debt-to-Income Check

$319

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $3,989. Most students can comfortably afford about a $319 monthly loan payment with this degree.

Comparison Bench

This degree earns 1.2x more than the average US high school graduate and 0.6x more than the average college graduate.

Purchasing Power Context

A dollar in South Dakota buys what costs $0.94 nationally.

Industry Breadcrumbs

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

Where Associate's Graduates from This School Work

Health Care & Social Assistance 18.8%
Manufacturing 17.9%
Wholesale Trade 15.7%

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

$51,028

Nominal: $47,864 in South Dakota (COL 93.8% of national avg) · 6.6% 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).

14.9 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 $34,107 $42,087 $48,783
5 Years After Graduation $40,556 $47,864 $55,906
10 Years After Graduation $42,527 $52,283 $62,198

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 $47,864 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in SD, which has a cost-of-living index of 93.8% of the national average.

Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $47,864 × (1.0 ÷ 0.9380) = $51,028 National Average equivalent.

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

Career Verdict

Graduates of the Clinical/Medical Laboratory Science and Allied Professions program at Lake Area Technical College can expect a steady earnings trajectory. The median earnings one year after graduation stand at $42,087, increasing to $47,864 after five years and reaching $52,283 a decade post-graduation. When adjusted for purchasing power, the five-year salary aligns more closely with a national equivalent of $51,027.72, indicating that graduates maintain competitive earnings relative to the national landscape despite the cost of living index in South Dakota being slightly lower than the national average.

The top industries for graduates predominantly include Health Care & Social Assistance, which accounts for 52.2% of employment, followed by a significant 18.8% in the same sector and 17.9% in Manufacturing. This concentration in health-related fields suggests a robust job market for graduates, enhancing the overall return on investment (ROI) of their education. With an estimated break-even point of approximately 14.9 years compared to a high-school-only path, the program offers a favorable financial outlook for those pursuing careers in clinical and medical laboratory sciences.

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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.