Is Hobart Institute of Welding Technology worth it?

Troy, OH · private-nonprofit

Verdict

Typical students pay $21,409 a year after aid, graduate with $5,500 in federal debt, and earn $52,314 six years after enrolling — an estimated monthly loan payment of $59, with a debt break-even of about 1.1 years.

Net price / year

$21,409

Admission rate

0%

Graduation rate

—

Median debt

$5,500

Earnings (6 yr)

$52,314

Earnings (10 yr)

$60,955

Est. monthly loan payment

$59

Loan-to-income ratio

11%

Debt break-even

1.1 years

How Hobart Institute of Welding Technology compares

MetricHobart Institute of Welding TechnologyOhioNational
Net price$21,409$16,541$16,642
Median debt$5,500$13,837$12,377
Earnings (6 yr)$52,314$35,009$33,037
Graduation rate———

FAQ

How much does it cost to attend Hobart Institute of Welding Technology?

The federal average net price after grants and scholarships is $21,409 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Hobart Institute of Welding Technology graduates typically carry?

Students who complete a program at Hobart Institute of Welding Technology leave with a median federal debt of $5,500, based on the U.S. Department of Education's College Scorecard.

What do Hobart Institute of Welding Technology graduates earn?

Six years after enrolling, former students report median earnings of $52,314, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Hobart Institute of Welding Technology?

Graduation rate data is not currently published for this school.

Is Hobart Institute of Welding Technology worth the debt?

Based on median debt and 6-year earnings, it would take roughly 1.1 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.

Source: U.S. Department of Education College Scorecard.