CIP 4805 · Undergraduate Certificate or Diploma · Northern Michigan University

Precision Metal Working at Northern Michigan University

Federal outcomes for undergraduate certificate or diploma graduates of Northern Michigan University. 17 completers in the most recent 4-year window (21 in the latest year alone). Median earnings 5 years after completion: $51,486.

MEDIAN EARNINGS · 5Y
$51,486
Michigan CIP-4 median $40,830
MEDIAN EARNINGS · 4Y
$46,539
Treasury · 4y post-completion
MEDIAN FEDERAL DEBT
At program completion
COMPLETERS · 4Y WINDOW
17
21 most recent year
SECTION 02 · PROGRAM HISTORY

How this program has shifted

Federal Field-of-Study history covers 2014–15 onward. Vintage-by-vintage values for earnings, debt, and completers.

DEBT · 20142016$6,866
$11,000$6,86620142016
Median federal debt at program exit.FoS
COMPLETERS · 2014201917
311720142019
Annual completers (IPEDS C).IPEDS
DEBT_MEDIAN · 20142016-38%

Precision Metal Working at Northern Michigan University · debt_median fell

11,000 → 6,866

FINANCIAL OUTCOME · ILLUSTRATION

Estimate the financial outcome of this program

Cost from Scorecard net price by family income; earnings from Treasury 5-year-post-completion median, projected forward with a Mincer age-earnings curve. Selection-bias toggle applies the Dale-Krueger shrinkage. This is an outcomes illustration, not a forecast — see methodology.

Shrinks the earnings premium toward the matched-applicant mean. STEM <15%, business ~40%, arts & education ~60%.

NET PRESENT VALUE
$364,489
Over 40 years, discounted 5.0%
BREAKEVEN
Year 3
First year cumulative discounted earnings cross zero
graduationbreakeven · year 3year 0year 39
Cost per year
$15,948
HS-only baseline · MI
$36,900
Years to complete
1
CIP family
48

Outcomes illustration · not a forecast. Projects observed Scorecard earnings forward with a Mincer age-earnings curve under your assumptions. See methodology for the math.

PEER COMPARISON · CIP 4805

Precision Metal Working across Michigan institutions

Same CIP-4 code and credential level, all Michigan Title-IV institutions where Scorecard publishes outcomes. Cohort floor is 30 students.

SUPPRESSION & SELECTION

What this page tells you, and what it doesn't

Earnings are median annual earnings of federally aided students who completed this program at this institution, drawn from federal tax records. They describe cohorts. They do not predict your earnings, and they do not claim that this program caused those outcomes — selection effects (who enrolls, who finishes, what fields they enter) dominate cross-program differences. Em-dashes mean the federal data was suppressed because the cohort was below the 30-student floor.

Methodology →