Hobart Institute
of Welding Technology
Private College in Troy, OH. Median 10-year earnings $60,955.
A decade after enrolling, the median Hobart Institute of Welding Technology student earns $60,955 — comfortably above what the typical bachelor's-granting institution returns. Graduates leave owing a median of $5,500 — modest by four-year standards.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.09 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
This institution reports no six-year graduation rate. The federal measure only follows first-time, full-time students, so schools built around part-time or transfer enrollment often fall outside it entirely. Retention is strong at 97%, and first-year attrition is where most degrees are lost. A 13:1 ratio points to small classes and accessible faculty. As a private nonprofit short-program school, the relevant comparison is other two-year schools rather than the national average across all institutions. This is a small school — 526 undergraduates — so cohorts are tight and the program list is necessarily short.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 526 degree- or certificate-seeking undergraduates
Average net price after grant aid is $18,370 a year — mid-range for a four-year institution. Income makes less difference than usual: $18,118 at $0–30k, $24,426 at $110k+. Grant aid is limited — 32% of students receive any. About 27% borrow federally, roughly the national pattern.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 454 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $18,118 |
| $30–48k | $18,176 |
| $48–75k | $21,437 |
| $75–110k | $23,868 |
| $110k+ | $24,426 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 141 of these 526 students, totalling $855,070 — an average of $6,064 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Miami County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)