Illinois Institute of Technology ROI Analysis
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
above 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 is greater than the in-state tuition cost of $51,763. Five years after graduation, earnings increase to $70,803, and ten years after graduation, earnings reach $82,592. The median debt for graduates is $25,000, and 32.6% of students receive financial aid.
The debt-to-income ratio for graduates is not provided in the data. However, the one-year earnings are more than double the median debt. The data does not provide enough information to calculate a break-even timeline.
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
N/A
Program-Level ROI
| Program | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|
| Law | $90,958 | 441% |
| Computer and Information Sciences, General | $78,707 | 322% |
| Mechanical Engineering | $81,421 | 348% |
| Electrical, Electronics and Communications Engineering | $89,107 | 423% |
| Legal Research and Advanced Professional Studies | $0 | N/A |
| Architectural Sciences and Technology | $0 | N/A |
| Chemical Engineering | $86,454 | 397% |
| Civil Engineering | $74,292 | 280% |
| Engineering-Related Fields | $67,250 | 212% |
| Computer Engineering | $87,437 | 407% |
| Biomedical/Medical Engineering | $66,587 | 205% |
| Business Administration, Management and Operations | $58,979 | 132% |
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)
Frequently Asked Questions
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.