College ROI

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New Jersey Institute of Technology

Newark, NJ 9,019 Undergrads 79.9% Grad Rate
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Total Cost
$32,859
Sticker Price
Avg Net Price
$16,504
After Aid
Median Earnings
$91,874
4yr Post-Grad

Vs. Peer Institutions

Net Price$16,504
Peer Midpoint: $20,081
Earnings (4yr Post-Grad)Completers only after graduation
$91,874
Peer Midpoint: $60,428
Earnings (10yr Post-Enroll)All enrolled after enrollment
$84,276
Peer Midpoint: $53,763
Graduation Rate79.9%
Peer Midpoint: 58.9%
Average Starting Age22.1
Socio-Economic Diversity
Pell Grant Recipients42.4%
Enrollment Status
Full-Time93.0%
Economic Outcomes
Earn More than HS83.4%

Admissions Profile

Acceptance
65.1%
SAT Avg
1,337
SAT Reading
25th: 60063575th: 710
SAT Math
25th: 61067075th: 750
ACT Composite
25th: 273075th: 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
+$781k
+$314k
+$297k
Median Cost$17k/yr
+$722k
+$255k
+$237k
Full Cost$33k/yr
+$663k
+$196k
+$178k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
26
∞
Median Cost$17k/yr
30
399%
Full Cost$33k/yr
34
151%
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 Return378%

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 Return55%
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
$31,000
Earnings (4yr)
$69,456
Natl Median: $70,074
Lifetime Value Added
+$66k
Median Debt
-
Earnings (5yr)
$59,927
Natl Median: $62,161
Lifetime Value Added
-$18k
Architecture
BachCIP: 0402
Median Debt
-
Earnings (4yr)
$66,840
Natl Median: $66,914
Lifetime Value Added
+$46k
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,466
Lifetime Value Added
N/A
Biology, General
BachCIP: 2601
Median Debt
$18,875
Earnings (4yr)
$65,807
Natl Median: $57,214
Lifetime Value Added
+$38k
Median Debt
-
Earnings (4yr)
-
Natl Median: $86,713
Lifetime Value Added
N/A
Median Debt
$21,500
Earnings (4yr)
$88,396
Natl Median: $93,451
Lifetime Value Added
+$211k
Median Debt
$24,625
Earnings (4yr)
$75,805
Natl Median: $68,257
Lifetime Value Added
+$114k
Median Debt
$21,701
Earnings (4yr)
$97,371
Natl Median: $98,158
Lifetime Value Added
+$279k
Chemistry
BachCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,120
Lifetime Value Added
N/A
Civil Engineering
BachCIP: 1408
Median Debt
$20,000
Earnings (4yr)
$87,389
Natl Median: $86,517
Lifetime Value Added
+$203k
Median Debt
$19,500
Earnings (4yr)
$97,926
Natl Median: $92,374
Lifetime Value Added
+$283k
Median Debt
$19,959
Earnings (4yr)
$99,880
Natl Median: $109,015
Lifetime Value Added
+$298k
Computer Science
BachCIP: 1107
Median Debt
-
Earnings (4yr)
-
Natl Median: $107,009
Lifetime Value Added
N/A
Median Debt
$25,500
Earnings (4yr)
$66,488
Natl Median: $51,490
Lifetime Value Added
+$43k
Median Debt
-
Earnings (4yr)
-
Natl Median: $39,775
Lifetime Value Added
N/A
Median Debt
$22,500
Earnings (4yr)
$97,718
Natl Median: $100,647
Lifetime Value Added
+$282k
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
$22,500
Earnings (4yr)
$86,360
Natl Median: $80,526
Lifetime Value Added
+$195k
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
$25,875
Earnings (5yr)
$51,686
Natl Median: $43,283
Lifetime Value Added
-$85k
History
BachCIP: 5401
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,680
Lifetime Value Added
N/A
Median Debt
$25,000
Earnings (4yr)
$101,547
Natl Median: $98,442
Lifetime Value Added
+$311k
Median Debt
$19,500
Earnings (4yr)
$103,918
Natl Median: $85,294
Lifetime Value Added
+$329k
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
$24,500
Earnings (4yr)
$94,840
Natl Median: $69,562
Lifetime Value Added
+$260k
Median Debt
$20,000
Earnings (4yr)
$89,827
Natl Median: $92,135
Lifetime Value Added
+$222k
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 (5yr)
$78,886
Natl Median: $74,139
Lifetime Value Added
+$11k
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
$29,992
Earnings (4yr)
$104,927
Natl Median: $106,375
Lifetime Value Added
+$253k
Median Debt
$49,426
Earnings (4yr)
$119,814
Natl Median: $103,485
Lifetime Value Added
+$383k
Median Debt
-
Earnings (4yr)
$110,950
Natl Median: $115,468
Lifetime Value Added
+$306k
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
$30,043
Earnings (4yr)
$107,682
Natl Median: $98,323
Lifetime Value Added
+$277k
Median Debt
$30,750
Earnings (4yr)
$139,346
Natl Median: $124,201
Lifetime Value Added
+$552k
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
$30,750
Earnings (4yr)
$127,494
Natl Median: $133,654
Lifetime Value Added
+$449k
Median Debt
$26,760
Earnings (4yr)
$119,665
Natl Median: $125,651
Lifetime Value Added
+$381k
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
$30,508
Earnings (4yr)
$140,197
Natl Median: $112,705
Lifetime Value Added
+$559k
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
Median Debt
$20,500
Earnings (4yr)
$105,200
Natl Median: $115,974
Lifetime Value Added
+$255k
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.