College ROI

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New Jersey Institute of Technology

Newark, NJ 9,019 Undergrads 74.7% Grad Rate
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Total Cost
$34,374
Sticker Price
Avg Net Price
$18,783
After Aid
Median Earnings
$93,995
5yr Post-Grad

Vs. Peer Institutions

Net Price$18,783
Peer Midpoint: $19,969
Earnings (5yr Post-Grad)Completers only after graduation
$93,995
Peer Midpoint: $61,632
Earnings (10yr Post-Enroll)All enrolled after enrollment
$90,769
Peer Midpoint: $58,891
Graduation Rate74.7%
Peer Midpoint: 58.9%
Average starting age (2015-17)22.1
Socio-Economic Diversity
Pell Grant Recipients44.9%
Enrollment Status
Full-Time93.0%
Economic Outcomes
Earn More than HS86.3%

Admissions Profile

Acceptance
65.1%
SAT Avg
1,337
SAT Reading
25th: 60065075th: 710
SAT Math
25th: 61068075th: 750
ACT Composite
25th: 273175th: 34

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
+$787k
+$317k
+$301k
Median Cost$19k/yr
+$720k
+$249k
+$233k
Full Cost$34k/yr
+$663k
+$193k
+$177k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
26
∞
Median Cost$19k/yr
30
345%
Full Cost$34k/yr
34
143%
Analysis Assumptions:
  • Starting Salary: Estimated from the median earnings five years after graduating, with four years of 2% raises taken out.
  • 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 Return360%

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 Return47%

Program ROI Analysis

These figures are medians for past graduates who received federal aid. Your cost and pay will differ. Run your own numbers in the Guided ROI Interview →

Bachelor's Degrees

Median Debt
$27,000
Earnings (4yr)
$69,456
Natl Median: $70,074
Lifetime Value Added
+$60k
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Median Debt
-
Earnings (2yr)
$40,605
Natl Median: $62,161
Lifetime Value Added
-$165k
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Architecture
BachCIP: 0402
Median Debt
-
Earnings (4yr)
$66,840
Natl Median: $66,914
Lifetime Value Added
+$39k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $65,466
Lifetime Value Added
N/A
Biology, General
BachCIP: 2601
Median Debt
$13,500
Earnings (4yr)
$65,807
Natl Median: $57,214
Lifetime Value Added
+$31k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $86,713
Lifetime Value Added
N/A
Median Debt
$19,594
Earnings (4yr)
$88,396
Natl Median: $93,451
Lifetime Value Added
+$204k
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Median Debt
$19,500
Earnings (4yr)
$75,805
Natl Median: $68,257
Lifetime Value Added
+$108k
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Median Debt
$21,500
Earnings (4yr)
$97,371
Natl Median: $98,158
Lifetime Value Added
+$273k
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Chemistry
BachCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,120
Lifetime Value Added
N/A
Civil Engineering
BachCIP: 1408
Median Debt
$20,500
Earnings (4yr)
$87,389
Natl Median: $86,517
Lifetime Value Added
+$197k
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Median Debt
$18,375
Earnings (4yr)
$97,926
Natl Median: $92,374
Lifetime Value Added
+$277k
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Median Debt
$22,500
Earnings (4yr)
$99,880
Natl Median: $109,015
Lifetime Value Added
+$292k
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Computer Science
BachCIP: 1107
Median Debt
-
Earnings (4yr)
-
Natl Median: $107,009
Lifetime Value Added
N/A
Median Debt
$20,000
Earnings (4yr)
$66,488
Natl Median: $51,490
Lifetime Value Added
+$36k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $39,775
Lifetime Value Added
N/A
Median Debt
$21,500
Earnings (4yr)
$97,718
Natl Median: $100,647
Lifetime Value Added
+$276k
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Engineering Science
BachCIP: 1413
Median Debt
-
Earnings (4yr)
-
Natl Median: $93,782
Lifetime Value Added
N/A
Engineering Technologies/Technicians, General
BachCIP: 1500
Median Debt
$19,500
Earnings (4yr)
$86,360
Natl Median: $80,526
Lifetime Value Added
+$189k
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Engineering-Related Technologies/Technicians
BachCIP: 1511
Median Debt
-
Earnings (4yr)
-
Natl Median: $74,842
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $89,359
Lifetime Value Added
N/A
Median Debt
$20,250
Earnings (5yr)
$64,095
Natl Median: $43,283
Lifetime Value Added
+$7k
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History
BachCIP: 5401
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,680
Lifetime Value Added
N/A
Median Debt
$24,000
Earnings (4yr)
$101,547
Natl Median: $98,442
Lifetime Value Added
+$305k
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Median Debt
$21,500
Earnings (4yr)
$103,918
Natl Median: $85,294
Lifetime Value Added
+$323k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $57,149
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $53,072
Lifetime Value Added
N/A
Mathematics
BachCIP: 2701
Median Debt
$22,244
Earnings (4yr)
$94,840
Natl Median: $69,562
Lifetime Value Added
+$254k
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Median Debt
$17,500
Earnings (4yr)
$89,827
Natl Median: $92,135
Lifetime Value Added
+$215k
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Physics
BachCIP: 4008
Median Debt
-
Earnings (4yr)
-
Natl Median: $76,786
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,471
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $67,452
Lifetime Value Added
N/A

Master's Degrees

Applied Mathematics
MastCIP: 2703
Median Debt
-
Earnings (4yr)
-
Natl Median: $116,060
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $77,466
Lifetime Value Added
N/A
Architecture
MastCIP: 0402
Median Debt
-
Earnings (2yr)
$55,964
Natl Median: $74,139
Lifetime Value Added
-$164k
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Biology, General
MastCIP: 2601
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,830
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $110,121
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$104,927
Natl Median: $106,375
Lifetime Value Added
+$250k
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Median Debt
$51,250
Earnings (4yr)
$119,814
Natl Median: $103,485
Lifetime Value Added
+$379k
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Median Debt
-
Earnings (4yr)
$110,950
Natl Median: $115,468
Lifetime Value Added
+$302k
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Chemistry
MastCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $82,937
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $79,665
Lifetime Value Added
N/A
Civil Engineering
MastCIP: 1408
Median Debt
$30,500
Earnings (4yr)
$107,682
Natl Median: $98,323
Lifetime Value Added
+$274k
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Median Debt
$30,750
Earnings (4yr)
$139,346
Natl Median: $124,201
Lifetime Value Added
+$548k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $136,736
Lifetime Value Added
N/A
Computer Science
MastCIP: 1107
Median Debt
-
Earnings (4yr)
-
Natl Median: $145,571
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $121,855
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$127,494
Natl Median: $133,654
Lifetime Value Added
+$446k
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Median Debt
$30,750
Earnings (4yr)
$119,665
Natl Median: $125,651
Lifetime Value Added
+$378k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $92,629
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $119,184
Lifetime Value Added
N/A
Median Debt
$39,095
Earnings (4yr)
$140,197
Natl Median: $112,705
Lifetime Value Added
+$556k
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Median Debt
$41,000
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
Median Debt
-
Earnings (4yr)
$105,200
Natl Median: $115,974
Lifetime Value Added
+$252k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $74,607
Lifetime Value Added
N/A
Statistics
MastCIP: 2705
Median Debt
-
Earnings (4yr)
-
Natl Median: $123,816
Lifetime Value Added
N/A
Systems Engineering
MastCIP: 1427
Median Debt
-
Earnings (4yr)
-
Natl Median: $144,565
Lifetime Value Added
N/A

Graduate Certificates

Engineering, Other
Gr-CertCIP: 1499
Median Debt
-
Earnings (4yr)
-
Natl Median: $96,828
Lifetime Value Added
N/A

Doctoral Degrees

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
Median Debt
-
Earnings (4yr)
-
Natl Median: $154,538
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $157,305
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $107,112
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $137,148
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $126,925
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $130,845
Lifetime Value Added
N/A
Mathematics
DocCIP: 2701
Median Debt
-
Earnings (4yr)
-
Natl Median: $89,656
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $73,599
Lifetime Value Added
N/A

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.