Illinois Institute of Technology: Is It Worth It?
Chicago, Illinois · Private Nonprofit · Website
ROI Score
10.2
Net Price/Year
$18,425
avg with financial aid
10yr Earnings
$82,592
median, all graduates
Median Debt
$25,000
at graduation
Is Illinois Institute of Technology Worth It?
Graduates earn a median of $82,592 per year ten years after enrollment. With an average net price of $18,425 per year, the total estimated cost for a four-year degree is approximately $73,700.
Based on median earnings, the degree typically pays for itself in approximately 0.9 years.
The median graduate leaves with $25,000 in debt, which represents about 30%of one year's earnings at the 10-year mark.
Note: These figures reflect all graduates regardless of major. Individual outcomes vary significantly by field of study, career choices, and personal circumstances.
Earnings vs. Debt
Net Price by Family Income
Admissions Snapshot
Acceptance Rate
54.9%
Avg SAT
1311
ACT Midpoint
29
Enrollment
2,833
Completion & Retention
6-Year Graduation Rate
74.0%
National avg: ~60%
Retention Rate
86.0%
First-year students returning
3yr Repayment Rate
87300.0%
Grads making progress on loans
Cost Breakdown
In-State Tuition
$52,386
Out-of-State Tuition
$52,386
Avg Net Price
$18,425
After grants/scholarships
Similar Schools
Frequently Asked Questions
Is Illinois Institute of Technology worth the money?
Based on federal data, Illinois Institute of Technology graduates earn a median of $82,592 ten years after enrollment, with a median debt of $25,000 at graduation. The ROI score is 10.2.
What do Illinois Institute of Technology graduates earn?
The median earnings for Illinois Institute of Technology graduates is $70,803 six years after enrollment and $82,592 ten years after enrollment, according to the College Scorecard.
What is the acceptance rate at Illinois Institute of Technology?
The acceptance rate at Illinois Institute of Technology is 54.9%.
How much debt do Illinois Institute of Technology graduates have?
The median debt at graduation for Illinois Institute of Technology students is $25,000.
Data source: U.S. Department of Education College Scorecard. Earnings data reflects median earnings 10 years after enrollment for all graduates. Debt figures reflect median debt at graduation for completers. Individual outcomes may vary.