Michigan Technological University vs New Jersey Institute of Technology
3
Michigan Technological University
4
New Jersey Institute of Technology
Key Metrics Compared
Official Data| Metric | Michigan Technological University | New Jersey Institute of Technology |
|---|---|---|
| Acceptance Rate | 88% | 67% |
| Graduation Rate | 68% | 73% |
| Avg Earnings (5yr) | $69,672 | $69,591 |
| Median Debt | $24,990 | $21,000 |
| Tuition (In-State) | $18,392 | $19,022 |
| Retention Rate | 88% | 91% |
| Financial Aid | 46% | 33% |
Comparison Analysis
Michigan Technological University and New Jersey Institute of Technology have similar graduate earnings, with Michigan Tech graduates earning $69,672 and NJIT graduates earning $69,591. However, Michigan Tech has a lower tuition cost at $18,392 compared to NJIT's $19,022. NJIT has a higher graduation rate of 73.4% compared to Michigan Tech's 68.2%. Michigan Tech has a higher acceptance rate of 87.9% compared to NJIT's 66.9%.
Based on these metrics, Michigan Tech offers a slightly better value proposition due to its lower tuition cost, while NJIT has a higher graduation rate. Prospective students may prioritize different factors when making their decision. Students focused on cost may prefer Michigan Tech, while students prioritizing the likelihood of graduation may prefer NJIT.
Generated from College Scorecard & IPEDS data
Shared Programs
| Shared Major | Michigan Technological University Earnings | New Jersey Institute of Technology Earnings |
|---|---|---|
| Mechanical Engineering | $74,922 | $68,675 |
| Mechanical Engineering | $74,922 | $77,653 |
| Mechanical Engineering | $86,854 | $68,675 |
| Mechanical Engineering | $74,922 | $0 |
| Civil Engineering | $70,928 | $68,288 |
| Mechanical Engineering | $0 | $68,675 |
| Mechanical Engineering | $0 | $68,675 |
| Mechanical Engineering | $0 | $68,675 |
| Civil Engineering | $78,815 | $68,288 |
| Mechanical Engineering | $86,854 | $77,653 |