Clinical/Medical Laboratory Science and Allied Professions at Oakton College
IL · Associate's Degree · CIP 51.10
Executive Summary
Graduates with a Clinical/Medical Laboratory Science and Allied Professions degree from Oakton College earn a median salary of $57,372 within five years of graduation. Adjusted for the cost of living in IL, this represents a national purchasing power equivalent of $62,497. The degree typically pays for itself in 8.8 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
$46,435
Typical Career
$57,372
Top Performers
$71,155
Estimated break-even: 8.8 years.
Debt-to-Income Check
$382
Estimated comfortable monthly loan payment
Typical monthly pay is approximately $4,781. Most students can comfortably afford about a $382 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 Illinois buys what costs $0.92 nationally.
Industry Breadcrumbs
Top industries for bachelor's graduates from this school: Health Care & Social Assistance, Retail Trade, Professional, Scientific & Technical 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
$62,497
Nominal: $57,372 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 | $41,455 | $51,789 | $61,456 |
| 5 Years After Graduation | $46,435 | $57,372 | $71,155 |
| 10 Years After Graduation | $39,655 | $60,590 | $72,585 |
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 $57,372 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)
= $57,372 × (1.0 ÷ 0.9180)
= $62,497 National Average equivalent.
COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →
Career Verdict
The primary industries for graduates are predominantly within Health Care & Social Assistance, accounting for 38.0% and 37.9% of employment, followed by Public Administration at 17.4%. With an estimated break-even point of approximately 22.3 years compared to a high-school-only path, the return on investment for pursuing this degree appears favorable. Graduates can expect stable employment opportunities and a solid financial return over time, particularly in a growing 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.