Precision Metal Working at Illinois Eastern Community Colleges - Olney Central College
IL · Associate's Degree · CIP 48.05
Executive Summary
Graduates with a Precision Metal Working degree from Illinois Eastern Community Colleges - Olney Central College earn a median salary of $49,095 within five years of graduation. Adjusted for the cost of living in IL, this represents a national purchasing power equivalent of $53,480. The degree typically pays for itself in 10.6 years.
Quick Insights
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
$37,161
Typical Career
$49,095
Top Performers
$71,084
Estimated break-even: 10.6 years.
Debt-to-Income Check
$327
Estimated comfortable monthly loan payment
Typical monthly pay is approximately $4,091. Most students can comfortably afford about a $327 monthly loan payment with this degree.
Comparison Bench
This degree earns 1.3x more than the average US high school graduate and 0.6x more than the average college graduate.
Purchasing Power Context
A dollar in Illinois buys what costs $0.92 nationally.
Industry Breadcrumbs
Top industries for bachelor's graduates from this school: Health Care & Social Assistance, Manufacturing, Administrative & Support Services.
Where Associate's Graduates from This School Work
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
$53,480
Nominal: $49,095 in Illinois (COL 91.8% of national avg) · 8.9% 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).
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 | $29,807 | $38,674 | $50,070 |
| 5 Years After Graduation | $37,161 | $49,095 | $71,084 |
| 10 Years After Graduation | $54,757 | $68,702 | $89,880 |
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 $49,095 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in IL, which has a cost-of-living index of 91.8% of the national average.
Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $49,095 × (1.0 ÷ 0.9180)
= $53,480 National Average equivalent.
COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →
Career Verdict
The top industries for graduates predominantly include Health Care & Social Assistance, with participation rates of 72.5%, 54.7%, and 49.5% across various roles. This concentration suggests a strong alignment between the skills acquired in the program and the demands of these sectors. The estimated break-even point of approximately 10.6 years compared to a high school-only path indicates a reasonable return on investment for students pursuing this career path, making it a viable option for those looking to enhance their earning potential and job stability.
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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.