Illinois Institute of Technology
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$207,052
In-state tuition x 4
Earnings Premium
$35,803/yr
vs high school diploma avg
Break-Even Point
5.8 years
After graduation
20-Year ROI
246%
Return on investment
ROI Analysis
One year after graduation, Illinois Institute of Technology graduates earn a median of $64,069, which increases to $70,803 after five years, and $82,592 after ten years. The annual tuition cost is $51,763. The median debt for graduates is $25,000, and 32.6% of students receive financial aid.
Given the median debt of $25,000 and the one-year earnings of $64,069, the debt-to-income ratio is approximately 0.39. Based on the provided data, a simple calculation of the break-even point, considering only tuition and first-year earnings, would be less than one year.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$51,763
Median Debt at Graduation
$25,000
Median Earnings (5yr)
$70,803
Graduation Rate
74%
Receive Financial Aid
33%
Avg Aid Amount
$0
Program-Level ROI
| Program | 4yr Cost | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|---|
| Law. | $207,052 | $90,958 | 441% |
| Computer and Information Sciences, General. | $207,052 | $78,707 | 322% |
| Legal Research and Advanced Professional Studies. | $207,052 | $0 | N/A |
| Mechanical Engineering. | $207,052 | $81,421 | 348% |
| Electrical, Electronics and Communications Engineering. | $207,052 | $0 | N/A |
| Mechanical Engineering. | $207,052 | $0 | N/A |
| Architectural Sciences and Technology. | $207,052 | $0 | N/A |
| Computer and Information Sciences, General. | $207,052 | $77,873 | 314% |
| Engineering-Related Fields. | $207,052 | $0 | N/A |
| Chemical Engineering. | $207,052 | $0 | N/A |
| Chemical Engineering. | $207,052 | $86,454 | 397% |
| Civil Engineering. | $207,052 | $0 | N/A |
Peer Comparison
246%
20yr ROI
260%
20yr ROI
260%
20yr ROI
182%
20yr ROI
187%
20yr ROI
Financial Aid Impact
Before Aid
After Aid (Estimated)
Methodology
ROI calculations are based on data from the U.S. Department of Education College Scorecard. The earnings premium is calculated as the difference between median graduate earnings and the national average earnings for high school diploma holders ($35,000).
The 20-year ROI formula: ((Earnings Premium x 20) - Total Cost) / Total Cost x 100. Break-even point: Total Cost / Annual Earnings Premium. All figures use in-state tuition and do not account for inflation, opportunity cost, or financial aid variations.