New Jersey Institute of Technology: Is It Worth It?
Newark, New Jersey · Public · Website
ROI Score
11.8
Net Price/Year
$16,504
avg with financial aid
10yr Earnings
$84,276
median, all graduates
Median Debt
$21,000
at graduation
Is New Jersey Institute of Technology Worth It?
Graduates earn a median of $84,276 per year ten years after enrollment. With an average net price of $16,504 per year, the total estimated cost for a four-year degree is approximately $66,016.
Based on median earnings, the degree typically pays for itself in approximately 0.8 years.
The median graduate leaves with $21,000 in debt, which represents about 25%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
65.1%
Avg SAT
1337
ACT Midpoint
30
Enrollment
9,019
Completion & Retention
6-Year Graduation Rate
72.9%
National avg: ~60%
Retention Rate
89.5%
First-year students returning
3yr Repayment Rate
214500.0%
Grads making progress on loans
Cost Breakdown
In-State Tuition
$19,974
Out-of-State Tuition
$37,664
Avg Net Price
$16,504
After grants/scholarships
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Frequently Asked Questions
Is New Jersey Institute of Technology worth the money?
Based on federal data, New Jersey Institute of Technology graduates earn a median of $84,276 ten years after enrollment, with a median debt of $21,000 at graduation. The ROI score is 11.8.
What do New Jersey Institute of Technology graduates earn?
The median earnings for New Jersey Institute of Technology graduates is $69,591 six years after enrollment and $84,276 ten years after enrollment, according to the College Scorecard.
What is the acceptance rate at New Jersey Institute of Technology?
The acceptance rate at New Jersey Institute of Technology is 65.1%.
How much debt do New Jersey Institute of Technology graduates have?
The median debt at graduation for New Jersey Institute of Technology students is $21,000.
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.