College ROI

Smarter Choices, Brighter Futures
Back to Colleges

Illinois Institute of Technology

Chicago, IL 2,833 Undergrads 75.5% Grad Rate
School Website|Financial Calculator
Share
Total Cost
$68,164
Sticker Price
Avg Net Price
$18,425
After Aid
Median Earnings
$91,312
4yr Post-Grad

Vs. Peer Institutions

Net Price$18,425
Peer Midpoint: $20,081
Earnings (4yr Post-Grad)Completers only after graduation
$91,312
Peer Midpoint: $60,428
Earnings (10yr Post-Enroll)All enrolled after enrollment
$82,592
Peer Midpoint: $53,763
Graduation Rate75.5%
Peer Midpoint: 58.9%
Average Starting Age21.9
Socio-Economic Diversity
Pell Grant Recipients32.9%
Enrollment Status
Full-Time93.7%
Economic Outcomes
Earn More than HS85.5%

Admissions Profile

Acceptance
54.9%
SAT Avg
1,311
SAT Reading
25th: 59064075th: 720
SAT Math
25th: 59068075th: 720
ACT Composite
25th: 262975th: 32

ROI Sensitivity Analysis
Assuming 4 Years to Graduation

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
+$777k
+$310k
+$292k
Median Cost$18k/yr
+$710k
+$243k
+$226k
Full Cost$68k/yr
+$531k
+$64k
+$47k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
26
∞
Median Cost$18k/yr
30
341%
Full Cost$68k/yr
50
19%
Analysis Assumptions:
  • Starting Salary: Estimated from the 4-year post-graduation 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 Return127%

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-26%
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, or for more sophisticated analysis, the Guided ROI Interview, with your specific estimates of cost and salary.

Program ROI Analysis

Bachelor's Degrees

Median Debt
$27,000
Earnings (4yr)
$110,956
Natl Median: $98,207
Lifetime Value Added
+$376k
Applied Mathematics
BachCIP: 2703
Median Debt
-
Earnings (4yr)
-
Natl Median: $91,532
Lifetime Value Added
N/A
Median Debt
-
Earnings (5yr)
$91,045
Natl Median: $89,406
Lifetime Value Added
+$210k
Architecture
BachCIP: 0402
Median Debt
$31,000
Earnings (4yr)
$68,358
Natl Median: $66,914
Lifetime Value Added
+$51k
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,466
Lifetime Value Added
N/A
Biology, General
BachCIP: 2601
Median Debt
-
Earnings (4yr)
-
Natl Median: $57,214
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $86,713
Lifetime Value Added
N/A
Median Debt
$27,000
Earnings (4yr)
$88,378
Natl Median: $93,451
Lifetime Value Added
+$204k
Median Debt
$24,557
Earnings (4yr)
$57,960
Natl Median: $68,257
Lifetime Value Added
-$31k
Median Debt
$25,375
Earnings (4yr)
$84,876
Natl Median: $98,158
Lifetime Value Added
+$177k
Chemistry
BachCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,120
Lifetime Value Added
N/A
Civil Engineering
BachCIP: 1408
Median Debt
$24,000
Earnings (4yr)
$87,884
Natl Median: $86,517
Lifetime Value Added
+$200k
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,523
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,384
Lifetime Value Added
N/A
Median Debt
$21,491
Earnings (4yr)
$97,153
Natl Median: $92,374
Lifetime Value Added
+$271k
Median Debt
$26,000
Earnings (4yr)
$114,930
Natl Median: $109,015
Lifetime Value Added
+$406k
Computer Science
BachCIP: 1107
Median Debt
$23,750
Earnings (4yr)
$120,953
Natl Median: $107,009
Lifetime Value Added
+$451k
Economics
BachCIP: 4506
Median Debt
-
Earnings (4yr)
-
Natl Median: $82,686
Lifetime Value Added
N/A
Median Debt
$25,000
Earnings (4yr)
$98,743
Natl Median: $100,647
Lifetime Value Added
+$283k
Engineering Physics
BachCIP: 1412
Median Debt
-
Earnings (4yr)
-
Natl Median: $89,154
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$84,305
Natl Median: $89,619
Lifetime Value Added
+$172k
Median Debt
-
Earnings (4yr)
-
Natl Median: $53,072
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $91,449
Lifetime Value Added
N/A
Median Debt
$25,000
Earnings (4yr)
$87,789
Natl Median: $92,135
Lifetime Value Added
+$199k
Psychology, General
BachCIP: 4201
Median Debt
-
Earnings (2yr)
$35,594
Natl Median: $50,706
Lifetime Value Added
-$208k

Master's Degrees

Median Debt
-
Earnings (4yr)
-
Natl Median: $91,410
Lifetime Value Added
N/A
Applied Mathematics
MastCIP: 2703
Median Debt
-
Earnings (4yr)
-
Natl Median: $116,060
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $98,356
Lifetime Value Added
N/A
Architecture
MastCIP: 0402
Median Debt
-
Earnings (5yr)
$76,107
Natl Median: $74,139
Lifetime Value Added
-$16k
Median Debt
-
Earnings (4yr)
-
Natl Median: $80,271
Lifetime Value Added
N/A
Biology, General
MastCIP: 2601
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,830
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $106,375
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$119,075
Natl Median: $103,485
Lifetime Value Added
+$373k
Median Debt
-
Earnings (4yr)
$111,149
Natl Median: $115,468
Lifetime Value Added
+$304k
Chemistry
MastCIP: 4005
Median Debt
-
Earnings (2yr)
$74,200
Natl Median: $82,937
Lifetime Value Added
+$7k
Civil Engineering
MastCIP: 1408
Median Debt
-
Earnings (4yr)
$96,477
Natl Median: $98,323
Lifetime Value Added
+$176k
Median Debt
-
Earnings (4yr)
$129,201
Natl Median: $124,201
Lifetime Value Added
+$460k
Median Debt
-
Earnings (4yr)
-
Natl Median: $136,736
Lifetime Value Added
N/A
Computer Science
MastCIP: 1107
Median Debt
-
Earnings (4yr)
$131,511
Natl Median: $145,571
Lifetime Value Added
+$480k
Median Debt
-
Earnings (4yr)
-
Natl Median: $121,855
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $105,808
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$144,324
Natl Median: $70,073
Lifetime Value Added
+$591k
Median Debt
-
Earnings (2yr)
$99,683
Natl Median: $133,654
Lifetime Value Added
+$239k
Electromechanical Technologies/Technicians
MastCIP: 1504
Median Debt
-
Earnings (4yr)
-
Natl Median: $124,374
Lifetime Value Added
N/A
Engineering Physics
MastCIP: 1412
Median Debt
-
Earnings (4yr)
-
Natl Median: $114,121
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $125,651
Lifetime Value Added
N/A
Engineering, Other
MastCIP: 1499
Median Debt
-
Earnings (4yr)
-
Natl Median: $129,974
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $92,629
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $110,694
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $88,332
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $115,403
Lifetime Value Added
N/A
Median Debt
-
Earnings (2yr)
$63,005
Natl Median: $83,558
Lifetime Value Added
-$96k
Median Debt
-
Earnings (4yr)
-
Natl Median: $101,000
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $106,092
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $124,807
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $122,873
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $112,282
Lifetime Value Added
N/A
Materials Sciences
MastCIP: 4010
Median Debt
-
Earnings (4yr)
-
Natl Median: $116,810
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $138,309
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$101,412
Natl Median: $115,974
Lifetime Value Added
+$219k
Median Debt
-
Earnings (2yr)
$40,017
Natl Median: $59,571
Lifetime Value Added
-$322k
Physics
MastCIP: 4008
Median Debt
-
Earnings (4yr)
-
Natl Median: $96,478
Lifetime Value Added
N/A
Psychology, General
MastCIP: 4201
Median Debt
-
Earnings (4yr)
-
Natl Median: $64,711
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $81,408
Lifetime Value Added
N/A
Public Health
MastCIP: 5122
Median Debt
-
Earnings (4yr)
-
Natl Median: $82,751
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,216
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $76,897
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,707
Lifetime Value Added
N/A

Graduate Certificates

Median Debt
-
Earnings (4yr)
-
Natl Median: $103,299
Lifetime Value Added
N/A
Engineering, Other
Gr-CertCIP: 1499
Median Debt
-
Earnings (4yr)
-
Natl Median: $96,828
Lifetime Value Added
N/A
Public Administration
Gr-CertCIP: 4404
Median Debt
-
Earnings (4yr)
-
Natl Median: $78,022
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $64,611
Lifetime Value Added
N/A

Doctoral Degrees

Median Debt
-
Earnings (4yr)
-
Natl Median: $123,729
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $131,848
Lifetime Value Added
N/A
Chemistry
DocCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $115,386
Lifetime Value Added
N/A
Civil Engineering
DocCIP: 1408
Median Debt
-
Earnings (4yr)
-
Natl Median: $110,980
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $193,221
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $130,845
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $131,070
Lifetime Value Added
N/A
Physics
DocCIP: 4008
Median Debt
-
Earnings (4yr)
-
Natl Median: $130,153
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$115,482
Natl Median: $98,707
Lifetime Value Added
+$143k
Median Debt
-
Earnings (4yr)
-
Natl Median: $85,168
Lifetime Value Added
N/A

Professional Degrees

Law
ProfCIP: 2201
Median Debt
$97,727
Earnings (4yr)
$111,515
Natl Median: $107,773
Lifetime Value Added
+$113k

Note: Lifetime Value Added is the Net Present Value (NPV) of estimated career earnings relative to a median high school graduate (for undergraduate programs) or a median bachelor's degree holder (for graduate programs), 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 decision moving forward. Note that the institution's average undergraduate net price is used as a proxy for annual cost, which may differ from actual graduate tuition. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.

Completers Only: Federal median earnings data strictly reflects outcomes for students who successfully graduated. Students who do not complete their degree typically earn significantly less and face higher risks of debt default.