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Illinois Institute of Technology
Chicago, IL 2,812 Undergrads 74.6% Grad Rate
Total Cost
$67,720
Sticker Price
Avg Net Price
$19,353
After Aid
Median Earnings
$82,592
10yr Post-Entry
Vs. Peer Institutions
Net Price$19,353
Peer Midpoint: $19,729.5
Earnings (10yr)$82,592
Peer Midpoint: $53,747
Graduation Rate74.6%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients30.6%
Enrollment Status
Full-Time93.4%
Economic Outcomes
Earn More than HS85.5%
Admissions Profile
Acceptance
55.4%
SAT Avg
1,296
SAT Reading
25th: 57064075th: 690
SAT Math
25th: 61068075th: 720
ACT Composite
25th: 252975th: 31
ROI Sensitivity Analysis
This analysis tests three cost scenarios (Scholarship, Average Net Price, Full Sticker Price) to show how college costs impact your long-term return compared to the average student and a high school graduate.
Lifetime Value Added (NPV)
Institution Lifetime NPV
Vs Median Peer
Vs HS Grad
Zero Cost (Scholarship)$0
+$686k
+$289k
+$201k
Median Cost$19k/yr
+$616k
+$219k
+$132k
Full Cost$68k/yr
+$442k
+$45k
-$42k
ROI Efficiency Metrics
Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
28
∞
Median Cost$19k/yr
34
189%
Full Cost$68k/yr
Never
-17%
Analysis Assumptions:
- Starting Salary: Estimated from the 10-year median earnings (assuming 2% annual growth from graduation).
- Comparisons: "Vs Median Peer" compares to the median student nationwide in a similar level program. "Vs HS Grad" compares to a median high school graduate.
- Break-Even: The age at which the college investment net income exceeds the median high school graduate's lifetime earnings.
- NPV: Net Present Value of all future earnings minus costs and taxes, discounted at 7.8%.
Social Impact ROINew
Measures the societal return on a donor's investment. Calculated as the incremental pre-tax lifetime earnings vs. HS grad, divided by the tax-adjusted donation cost.
Donor Return58%
Gov. Pell Grant ROINew
Measures the government's return on Pell Grants via increased tax revenue. Calculated as the portion of incremental lifetime taxes (discounted at 5.4%) attributed to the Pell Grant investment.
Taxpayer Return-47%
Important Note: Your ROI with any major will depend on the cost you pay to attend the program, and your starting salary. Both vary significantly across institutions. We encourage you to explore the ROI of a specific program variant by selecting the Program title of the credential level you are interested in. You will then have a more detailed return analysis for programs at specific institutions. We also encourage you to use the ROI calculator with your specific estimates of cost and salary.
Program ROI Analysis
Bachelor's Degrees
Aerospace, Aeronautical and Astronautical Engineering
BachCIP: 1402
Median Debt
$27,000
Earnings (5yr)
$75,993
Lifetime Value Added
+$94k
Architectural Engineering
BachCIP: 1404
Median Debt
-
Earnings (5yr)
$91,045
Lifetime Value Added
+$207k
Architecture
BachCIP: 0402
Median Debt
$31,000
Earnings (5yr)
$69,310
Lifetime Value Added
+$44k
Biomedical/Medical Engineering
BachCIP: 1405
Median Debt
$27,000
Earnings (5yr)
$72,853
Lifetime Value Added
+$71k
Business Administration, Management and Operations
BachCIP: 5202
Median Debt
$24,557
Earnings (5yr)
$69,682
Lifetime Value Added
+$47k
Chemical Engineering
BachCIP: 1407
Median Debt
$25,375
Earnings (5yr)
$94,955
Lifetime Value Added
+$236k
Civil Engineering
BachCIP: 1408
Median Debt
$24,000
Earnings (5yr)
$84,660
Lifetime Value Added
+$159k
Computer and Information Sciences, General
BachCIP: 1101
Median Debt
$21,491
Earnings (5yr)
$101,049
Lifetime Value Added
+$282k
Computer Engineering
BachCIP: 1409
Median Debt
$26,000
Earnings (5yr)
$103,105
Lifetime Value Added
+$297k
Computer Science
BachCIP: 1107
Median Debt
$23,750
Earnings (5yr)
$113,931
Lifetime Value Added
+$378k
Electrical, Electronics and Communications Engineering
BachCIP: 1410
Median Debt
$25,000
Earnings (5yr)
$102,309
Lifetime Value Added
+$291k
Engineering-Related Fields
BachCIP: 1515
Median Debt
-
Earnings (2yr)
$63,005
Lifetime Value Added
+$26k
Mechanical Engineering
BachCIP: 1419
Median Debt
$25,000
Earnings (5yr)
$88,837
Lifetime Value Added
+$190k
Psychology, General
BachCIP: 4201
Median Debt
-
Earnings (2yr)
$35,594
Lifetime Value Added
-$211k
Master's Degrees
Architecture
MastCIP: 0402
Median Debt
-
Earnings (5yr)
$76,107
Lifetime Value Added
+$199k
Business Administration, Management and Operations
MastCIP: 5202
Median Debt
-
Earnings (2yr)
$83,177
Lifetime Value Added
+$303k
Chemical Engineering
MastCIP: 1407
Median Debt
-
Earnings (2yr)
$83,546
Lifetime Value Added
+$306k
Chemistry
MastCIP: 4005
Median Debt
-
Earnings (2yr)
$74,200
Lifetime Value Added
+$221k
Civil Engineering
MastCIP: 1408
Median Debt
-
Earnings (2yr)
$66,169
Lifetime Value Added
+$148k
Computer and Information Sciences, General
MastCIP: 1101
Median Debt
-
Earnings (5yr)
$100,846
Lifetime Value Added
+$411k
Computer Science
MastCIP: 1107
Median Debt
-
Earnings (5yr)
$124,701
Lifetime Value Added
+$615k
Design and Applied Arts
MastCIP: 5004
Median Debt
-
Earnings (5yr)
$161,878
Lifetime Value Added
+$930k
Electrical, Electronics and Communications Engineering
MastCIP: 1410
Median Debt
-
Earnings (2yr)
$99,683
Lifetime Value Added
+$453k
Human Resources Management and Services
MastCIP: 5210
Median Debt
-
Earnings (2yr)
$63,005
Lifetime Value Added
+$119k
Mechanical Engineering
MastCIP: 1419
Median Debt
-
Earnings (5yr)
$97,954
Lifetime Value Added
+$386k
Mental and Social Health Services and Allied Professions
MastCIP: 5115
Median Debt
-
Earnings (2yr)
$40,017
Lifetime Value Added
-$108k
Doctoral Degrees
Psychology, General
DocCIP: 4201
Median Debt
-
Earnings (2yr)
$73,949
Lifetime Value Added
+$70k
Professional Degrees
Law
ProfCIP: 2201
Median Debt
$97,727
Earnings (5yr)
$109,015
Lifetime Value Added
+$292k
Note: Lifetime Value Added is the Net Present Value (NPV) of estimated career earnings relative to a median high school graduate, accounting for this institution's average cost and taxes. Computed over a career to retirement age.
For graduate programs (Master's, Doctoral, etc.), the calculation assumes a starting age of 22 (after undergraduate completion) and does not include the sunk costs of prior degrees. It represents the value added of the graduate degree decision moving forward. These Lifetime Value Added results should not be compared with those Undergraduate Certificates, Associates or Bachelors starting at age 18.