Associate's · Mitchell, South Dakota

Is Industrial Production Technologies/Technicians at Mitchell Technical College worth it?

Low confidence Low confidence: fewer than 40 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 1.2 years.

Earnings 1 year after graduating: $69,908; Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Earnings 4 years after graduating: $56,920; Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Typical federal debt at graduation: $10,325; NSLDS pooled AY2022-23, AY2023-24 cohort
Net cost to graduate, all families: $21k (likely $21k – $21k); AcadYr 2024-25, reported in IPEDS DCY2025-26
Earnings bump, year 4: $18k a year vs high-school graduates aged 25–34 in SD; 2023 ACS 5-year pooled, adjusted to 2024 dollars
Payback: 1.2 years (likely 0.8–2.3); Bump vs net cost plus loan interest
10-year net return: $77k (likely −$10k – $185k); Today's dollars
20-year net return: $231k (likely $58k – $447k); Today's dollars
Odds of finishing (school-wide): 79%; Fall 2019 or AcadYr 2019-20 cohort (differs by institutional calendar), reported in IPEDS DCY2025-26