Home›Colleges›Hobart Institute of Welding Technology

Private nonprofit · COLLEGE PAYOFF

Hobart Institute of Welding Technology

⌖ Troy, OH · 1 reportable field-and-credential outcomes

MODELED SCENARIO · Negative payoff

−$168,746 over 10 years

Modeled from observed year-5 institution earnings and the institution-wide average net price over four years.

At these assumptions, the estimated earnings premium does not recover the modeled economic investment within ten years.

27.4 yrsModeled economic break-even

−64%Modeled 10-year ROI

$54,689Observed earnings · year 5

Economic ROI includes direct price and earnings forgone during study · $45,000 comparison earnings · values held flat · see the formula

ECONOMIC INVESTMENT → PAYBACK

Estimated payoff over ten years.

The scenario counts direct price and earnings forgone upfront, then applies the reported annual earnings premium.

10-YEAR PAYOFF CURVECumulative economic payoff after graduation

−$168,746at year 10

Net gainInvestment not yet recovered

NET GAIN$0UNRECOVERED

−$265,6360

−$168,74610

FEDERAL COST DATA

Four ways to read college price.

Annual college-wide figures from the current College Scorecard release. Average net price covers full-time, first-time undergraduates receiving federal aid; public-college figures use in-state students. Program tuition and individual aid offers may differ.

Published in-state tuitionNot available

Sticker price

Published out-of-state tuitionNot available

Sticker price

Average net price$21,409

Title IV student average

Cost of attendance$24,735

Tuition + living budget

OBSERVED FEDERAL MEASURES

Cost, completion and earnings context

$21,409Average net price / year

$24,735Cost of attendance

$54,689Median earnings · year 5 after completion

90.3%Completion rate

Not availableAdmission rate

356Student size

NATIONAL CONTEXT

How this college compares

Percentiles compare this institution with currently operating colleges that report the same federal measure.

72thEarnings percentile

92thCompletion percentile

EARNINGS PATH

Reported earnings over time

$46,074Year 1

$59,953Year 4

$54,689Year 5

Separate federal cohorts may underlie different measurement years.

PROGRAM PAYOFF SPREAD

The college average is not the whole story.

Observed earnings vary substantially by field and credential at the same institution.

1Precision Metal Working · Undergraduate Certificate or Diploma$59,016

Observed year-4 earnings · compare like fields and credentials before deciding

BUILD A REAL SHORTLIST

Comparable colleges in OH

Currently operating private nonprofit institutions with the closest combination of annual net price and observed year-5 earnings. Similarity is descriptive—not a quality ranking.

Hiram, OH

Hiram College

Annual net price: $21,058
Observed earnings · year 5: $53,876
Modeled 10-year ROI: -66%

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Capital University

Annual net price: $22,576
Observed earnings · year 5: $55,095
Modeled 10-year ROI: -63%

Open college profile →Painesville, OH

Lake Erie College

Annual net price: $20,961
Observed earnings · year 5: $53,562
Modeled 10-year ROI: -68%

Open college profile →Ashland, OH

Ashland University

Annual net price: $21,988
Observed earnings · year 5: $56,218
Modeled 10-year ROI: -58%

Open college profile →

ALL REPORTABLE PROGRAM CATEGORIES

Explore exact field-and-credential outcomes

Federal field	Credential	Earnings, year 4	Federal debt
Precision Metal Working	Undergraduate Certificate or Diploma	$59,016	$5,500

Earnings, price, completion and enrollment are observed federal measures. ROI, payoff and break-even are modeled scenarios built from those measures and fixed assumptions. College payoff is not the payoff of every degree at this school; use the program table for a more precise comparison.