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Vehicle Maintenance and Repair Technologies at Lake Area Technical College

SD · Associate's Degree · CIP 47.06

Apply Now Data: 2026 release

Executive Summary

Graduates with a Vehicle Maintenance and Repair Technologies degree from Lake Area Technical College earn a median salary of $56,697 within five years of graduation. Adjusted for the cost of living in SD, this represents a national purchasing power equivalent of $60,445. The degree typically pays for itself in 9.1 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

$44,725

Typical Career

$56,697

Top Performers

$69,909

Estimated break-even: 9.1 years.

Debt-to-Income Check

$378

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $4,725. Most students can comfortably afford about a $378 monthly loan payment with this degree.

Comparison Bench

This degree earns 1.5x 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

$60,445

Nominal: $56,697 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).

9.1 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 $36,528 $45,657 $56,472
5 Years After Graduation $44,725 $56,697 $69,909
10 Years After Graduation $51,766 $65,857 $83,947

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 $56,697 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)
= $56,697 × (1.0 ÷ 0.9380) = $60,445 National Average equivalent.

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

Career Verdict

Graduates from the Vehicle Maintenance and Repair Technologies program at Lake Area Technical College can expect a positive earnings trajectory. One year after graduation, median earnings are reported at $37,379.00, which increases to $54,703.00 after five years and reaches $66,580.00 after ten years. When adjusted for purchasing power, the five-year salary equivalent nationally stands at $58,318.76, indicating that graduates can maintain a competitive standard of living despite regional cost-of-living differences, as South Dakota's cost-of-living index is 0.938 compared to the national average of 1.0.

The program's graduates predominantly enter the Health Care & Social Assistance sector, which accounts for 52.2% of employment, followed by 18.8% in the same sector and 17.9% in Manufacturing. The estimated break-even point for this educational path compared to a high school-only route is approximately 10.1 years, suggesting that the investment in this program may yield a favorable return over time. Overall, the data indicates a solid return on investment for students pursuing this field, particularly given the strong employment opportunities in growing industries.

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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.