ROI Major

Electrical/Electronic Engineering Technologies at Lake Area Technical College

SD · Associate's Degree · CIP 15.03

Apply Now Data: 2026 release

Executive Summary

Graduates with a Electrical/Electronic Engineering Technologies degree from Lake Area Technical College earn a median salary of $56,225 within five years of graduation. Adjusted for the cost of living in SD, this represents a national purchasing power equivalent of $59,941. The degree typically pays for itself in 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

$48,076

Typical Career

$56,225

Top Performers

$67,570

Estimated break-even: 9 years.

Debt-to-Income Check

$375

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $4,685. Most students can comfortably afford about a $375 monthly loan payment with this degree.

Comparison Bench

This degree earns 1.4x more than the average US high school graduate and 0.7x 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

$59,941

Nominal: $56,225 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).

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 $39,425 $45,751 $58,998
5 Years After Graduation $48,076 $56,225 $67,570
10 Years After Graduation $59,291 $68,702 $77,146

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 $56,225 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)
= $56,225 × (1.0 ÷ 0.9380) = $59,941 National Average equivalent.

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

Career Verdict

Graduates of the Electrical/Electronic Engineering Technologies program at Lake Area Technical College experience a positive earnings trajectory over time. One year after graduation, median earnings stand at $45,751.00, increasing to $56,225.00 after five years and reaching $68,702.00 by the ten-year mark. When adjusted for purchasing power, the five-year salary equivalent nationally is approximately $59,941.36, indicating that graduates maintain a competitive financial standing relative to national averages, despite the lower cost of living in South Dakota.

The top industries for graduates predominantly include Health Care & Social Assistance, which accounts for 52.2% of employment, followed by another segment of Health Care & Social Assistance at 18.8%, and Manufacturing at 17.9%. The estimated break-even point for graduates compared to those with only a high school diploma is approximately nine years, suggesting a favorable return on investment. Overall, pursuing a degree in this field appears to offer substantial long-term financial benefits and access to stable job markets.

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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.