CIP 4603 · Undergraduate Certificate or Diploma · Midwest Technical Institute-Illinois

Electrical and Power Transmission Installers at Midwest Technical Institute-Illinois

Federal outcomes for undergraduate certificate or diploma graduates of Midwest Technical Institute-Illinois. Median earnings 5 years after completion: $40,623.

MEDIAN EARNINGS · 5Y
$40,623
Illinois CIP-4 median $93,573
MEDIAN EARNINGS · 4Y
$41,901
Treasury · 4y post-completion
MEDIAN FEDERAL DEBT
$9,500
At program completion
COMPLETERS · 4Y WINDOW
IPEDS award counts
DEBT-TO-EARNINGS

What this program's debt costs its graduates

Annual debt service as a share of median 5-year-post-completion earnings, computed under federal Direct loan terms (10-year fixed at 6%). The 8% line is the gainful-employment threshold from federal regulation.

This program at Midwest Technical Institute-Illinois

3.1%
0%8% · GE20%+

Median federal debt $9,500 amortized over 10 years vs. median 5-year earnings $40,623.

Statewide CIP-4 peer median

1.4%
0%8% · GE20%+

Same debt against the Illinois CIP 4603 peer-median earnings $93,573.

SECTION 02 · PROGRAM HISTORY

How this program has shifted

Federal Field-of-Study history covers 2014–15 onward. Vintage-by-vintage values for earnings, debt, and completers.

DEBT · 20142018$9,500
$13,000$9,50020142018
Median federal debt at program exit.FoS
DEBT_MEDIAN · 20142018-25%

Electrical and Power Transmission Installers at Midwest Technical Institute-Illinois · debt_median fell

12,625 → 9,500

FINANCIAL OUTCOME · ILLUSTRATION

Estimate the financial outcome of this program

Cost from Scorecard net price by family income; earnings from Treasury 5-year-post-completion median, projected forward with a Mincer age-earnings curve. Selection-bias toggle applies the Dale-Krueger shrinkage. This is an outcomes illustration, not a forecast — see methodology.

Shrinks the earnings premium toward the matched-applicant mean. STEM <15%, business ~40%, arts & education ~60%.

NET PRESENT VALUE
$82,400
Over 40 years, discounted 5.0%
BREAKEVEN
Year 19
First year cumulative discounted earnings cross zero
graduationbreakeven · year 19year 0year 39
Cost per year
$27,907
HS-only baseline · IL
$38,300
Years to complete
1
CIP family
46

Outcomes illustration · not a forecast. Projects observed Scorecard earnings forward with a Mincer age-earnings curve under your assumptions. See methodology for the math.

PEER COMPARISON · CIP 4603

Electrical and Power Transmission Installers across Illinois institutions

Same CIP-4 code and credential level, all Illinois Title-IV institutions where Scorecard publishes outcomes. Cohort floor is 30 students.

City Colleges of Chicago-Richard J Daley CollegePEER$93,573140 grads
Midwest Technical Institute-IllinoisTHIS PROGRAM$40,623
SUPPRESSION & SELECTION

What this page tells you, and what it doesn't

Earnings are median annual earnings of federally aided students who completed this program at this institution, drawn from federal tax records. They describe cohorts. They do not predict your earnings, and they do not claim that this program caused those outcomes — selection effects (who enrolls, who finishes, what fields they enter) dominate cross-program differences. Em-dashes mean the federal data was suppressed because the cohort was below the 30-student floor.

Methodology →