Southern Technical College
For-profit College in Fort Myers, FL. Six-year graduation rate 68%. Median 10-year earnings $36,155.
Ten-year median earnings of $36,155 are on the low side, which raises the bar for what this degree needs to cost. The six-year graduation rate of 68% is well above average and the clearest sign this school holds onto its students. Borrowing stays contained, with median debt at graduation of $11,250.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.31 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
A 68% six-year graduation rate is the strongest academic signal on this page. Retention is weak: only 58% of full-time first-years return, so roughly two in five leave after one year. At 20:1, class sizes land in the normal range for an undergraduate institution. Being a for-profit two-year institution is the single most useful context for these numbers — the sector's spread is wide enough that the school-level figures matter more than usual. The undergraduate body is just 532, which shapes everything from class size to how often a required course is offered.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 532 degree- or certificate-seeking undergraduates
Average net price after grant aid is $21,033 a year — mid-range for a four-year institution. Net price varies modestly by income — $19,709 at $0–30k against $26,505 at $110k+ — so the average is a fair guide for most families. About 79% get grants averaging $6,384, so plan on the possibility of paying closer to full price. Most students borrow — 81% take federal loans to cover the gap.
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 · 212 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 | $19,709 |
| $30–48k | $22,332 |
| $48–75k | $25,482 |
| $75–110k | $26,368 |
| $110k+ | $26,505 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 429 of these 532 students, totalling $3,590,386 — an average of $8,369 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Lee County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
School operating under provisional accreditation (previously accredited by ACICS)
VA GI Bill Comparison Tool (Veterans Affairs GIDS)