Undergraduate certificate · Troy, Ohio

Is Precision Metal Working at Hobart Institute of Welding Technology worth it?

High confidence High confidence: 100+ graduates behind the earnings figures.

The verdict · all families, in-state, half paid with loans

Pays back fast: graduates typically recover the cost in about 2.3 years.

Earnings 1 year after graduating: $53,696; Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Earnings 4 years after graduating: $63,390; Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Typical federal debt at graduation: $5,500; NSLDS pooled AY2022-23, AY2023-24 cohort
Net cost to graduate, all families: $32k (likely $32k – $36k); AcadYr 2024-25, reported in IPEDS DCY2025-26
Earnings bump, year 4: $25k a year vs high-school graduates aged 25–34 in OH; 2023 ACS 5-year pooled, adjusted to 2024 dollars
Payback: 2.3 years (likely 2.1–2.7); Bump vs net cost plus loan interest
10-year net return: $168k (likely $136k – $200k); Today's dollars
20-year net return: $484k (likely $388k – $589k); Today's dollars
Odds of finishing (school-wide): 93%; Fall 2019 or AcadYr 2019-20 cohort (differs by institutional calendar), reported in IPEDS DCY2025-26