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For-profit Community College

Laurel Technical Institute

For-profit Community College in Hermitage, PA. Six-year graduation rate 73%. Median 10-year earnings $28,311.

Verdict Mixed outcomes
Laurel Technical Institute · Campus
Median earnings · 10 yr
$28,311
Median debt at grad
$10,706
Graduation rate
73.2%
Federal loan default
0%

Ten-year median earnings of $28,311 are on the low side, which raises the bar for what this degree needs to cost. Completion is a strength: 73% of students finish within six years. Borrowing stays contained, with median debt at graduation of $10,706.

Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.

Green Flags
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Admissions

Acceptance rate
85%
Applicants
102
Yield rate
77.0%

Laurel Technical Institute admits 85% of applicants — effectively open admission, so the application is a formality rather than a hurdle. The applicant pool is small at 102, which makes year-over-year comparisons unreliable. Yield is high — 77% of admitted students go on to enroll, well above the typical rate.

Test score bands (middle 50% of submitters)

These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.

Test 25th–75th percentile Submitted
SAT Evidence-Based Reading — —
SAT Math —
ACT Composite — —

IPEDS Admissions · 2024

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Academics

Full-time retention
71%
Transfer-out rate
0%
Student:faculty
9:1

73% of students finish within six years, putting completion well above the national norm. Retention of 71% means a meaningful slice of each entering class does not return. A 9:1 ratio points to small classes and accessible faculty. This is a for-profit two-year institution. That is not disqualifying, but it does mean verifying accreditation, transferability of credits, and job-placement claims directly rather than trusting the category. This is a small school — 160 undergraduates — so cohorts are tight and the program list is necessarily short.

Financial Aid

Average net price
$6,914
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
80%
degree- or certificate-seeking undergraduates
% receiving federal loans
82%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 160 degree- or certificate-seeking undergraduates

Students pay an average of $6,914 annually, well below typical undergraduate net price. Net price varies modestly by income — $4,533 at $0–30k against $8,940 at $110k+ — so the average is a fair guide for most families. About 80% get grants averaging $8,389, so plan on the possibility of paying closer to full price. 82% of students borrow federally, so debt is the norm rather than the exception.

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.

% receiving grants
93%
Average grant
$7,804

IPEDS Student Financial Aid · 2023-24 · 90 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 $4,533
$30–48k $5,157
$48–75k $7,645
$75–110k $11,051
$110k+ $8,940

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 131 of these 160 students, totalling $1,322,726 — an average of $10,097 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (Mercer County) — budget these against any cost-of-attendance housing estimate.

Studio
$704/mo
1 bedroom
$792/mo
2 bedroom (whole unit)
$996/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Veterans & GI Bill

GI Bill students
13
Yellow Ribbon
No
Principles of Excellence
No

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Laurel Technical Institute with peer institutions

How we evaluate Laurel Technical Institute

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →