WavelengthFeasibility Study

Kirkwood Community College

Pharmacy Technician Certificate

Cedar Rapids, IA

Go

Generated February 19, 2026

7.6

Overall Score

Dimension Radar

Executive Summary

The Pharmacy Technician Certificate presents a strategically sound but operationally demanding opportunity for Kirkwood Community College. Live employer data confirms genuine hiring activity: 10 active postings from UnityPoint Health (3), CVS Health entities (3), Walgreens (2), and specialty pharmacies (2) as of February 19, 2026. The target population of approximately 8,500 potential learners — retail workers earning $24,000–$28,000 seeking entry into pharmacy at $32,000–$42,000, recent high school graduates exploring allied health, and career changers aged 25–45 — aligns squarely with Kirkwood's mission. Regulatory alignment scores 8/10: Perkins V (CIP 51.0805), WIOA ETPL eligibility, and Iowa Board of Pharmacy registration are all clear pathways. At a composite score of 7.6/10, this program is viable.

A CE seat-hour financial model (BLS OES SOC 25-1071 Iowa median $28/hr × 160 seat hours × 2 sections/yr = $8,960 instructor cost; CUPA-HR cost benchmarks; Iowa Dept. of Education Perkins V allocations) produces a viability score of 10/10. Year 1 base net position: +$24,208 on $90,000 revenue. Break-even: 10 students (56% of 18-student target cohort). The program is profitable at base enrollment even without Perkins (+$6,208 without grant). Year 2 net: +$76,041 as lab setup costs drop off. Year 3 margin: 75.7%. Competitor market: DMACC diploma ~$7,035 (35 credits × $201/cr), WITcc diploma $7,242 — Kirkwood's $4,800 CE certificate price is competitive. Peer benchmarks validate enrollment projections: DMACC runs 18–22 per cohort, Hawkeye 15–18, Scott Community College 14–20. Institutional fit scores 7.8/10.

However, three critical execution gaps create unacceptable risk without resolution. First, enrollment demand is entirely unvalidated — no primary research confirms willingness to pay $4,800. Second, clinical site capacity is assumed, not contracted — the financial model depends on zero-cost placements with no executed MOUs. Third, competitive differentiation is weak against DMACC ($2,995–$4,000 tuition), Hawkeye, and online programs at $899–$1,079. The three conditions attached to this CONDITIONAL GO exist specifically to close these gaps before committing capital.

Score Overview

Labor Market Demand6.5
Competitive Landscape6.0
Learner Demand7.2
Financial Viability10.0
Institutional Fit7.8
Regulatory & Compliance8.0
Employer Demand7.5

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