ROI Major

Heating, Air Conditioning, Ventilation and Refrigeration at Moraine Valley Community College

IL · Associate's Degree · CIP 47.02

Apply Now Data: 2026 release

Executive Summary

Graduates with a Heating, Air Conditioning, Ventilation and Refrigeration degree from Moraine Valley Community College earn a median salary of $95,990 within five years of graduation. Adjusted for the cost of living in IL, this represents a national purchasing power equivalent of $104,564. The degree typically pays for itself in 4.9 years.

Quick Insights

Solid Investment

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

$55,464

Typical Career

$95,990

Top Performers

$115,818

Estimated break-even: 4.9 years.

Debt-to-Income Check

$640

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $7,999. Most students can comfortably afford about a $640 monthly loan payment with this degree.

Comparison Bench

This degree earns 2.5x more than the average US high school graduate and 1.2x 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, Educational Services, Manufacturing.

Where Associate's Graduates from This School Work

Health Care & Social Assistance 31.8%
Educational Services 8.0%
Manufacturing 7.5%

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

$104,564

Nominal: $95,990 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).

4.9 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 $34,393 $46,708 $80,055
5 Years After Graduation $55,464 $95,990 $115,818
10 Years After Graduation $69,841 $106,400 $129,123

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 $95,990 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)
= $95,990 × (1.0 ÷ 0.9180) = $104,564 National Average equivalent.

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

Career Verdict

Graduates from the Heating, Air Conditioning, Ventilation, and Refrigeration program at Moraine Valley Community College experience a significant earnings trajectory. One year after graduation, median earnings stand at $47,119, which increases to $97,992 after five years and reaches $116,662 after ten years. When adjusted for purchasing power, the five-year salary reflects a national equivalent of $106,745.1, indicating that graduates maintain a competitive income relative to national standards despite the cost of living index in Illinois being slightly lower than the national average.

The top industries for graduates predominantly include Health Care & Social Assistance, which accounts for a substantial portion of employment opportunities, with percentages of 31.8%, 31.1%, and 27.8% across different roles. The estimated break-even point for graduates compared to those with only a high school diploma is approximately 4.8 years, suggesting a favorable return on investment for students pursuing this vocational path. Overall, the combination of strong earnings potential and industry demand indicates a positive career outlook for graduates in this field.

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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.