Newark, NJ · Private University
Is New Jersey Institute of Technology Worth It?
ROI analysis based on real earnings and cost data
Key Numbers
10-Year Earnings
$84,276
median, 10 years after enrollment
In-State Tuition
$19,022
per year
Out-of-State Tuition
$35,934
per year
Total 4-Year Cost
$143,736
tuition only (4 years)
ROI Ratio
2.35x
earnings ÷ annual tuition
Payback Period
2.9 yrs
years to recoup total cost
Graduation Rate
73.1%
6-year graduation rate
Median Debt
$21,000
at graduation
Avg Net Price
$16,496
after aid & scholarships
Earnings vs. Annual Cost
10-year median earnings compared to annual tuition
New Jersey Institute of Technology graduates earn $39,276 more than the national median of workers with any education level.
What You'd Actually Pay
Average net price after grants and scholarships, by family income
Source: IPEDS net price data. Actual costs vary based on individual financial circumstances.
Highest-Earning Majors
Top programs at New Jersey Institute of Technology ranked by graduate earnings
66 graduates
96 graduates
439 graduates
37 graduates
58 graduates
Earnings shown are 4-year post-graduation medians where available, otherwise 1-year medians.
ROI by Major at New Jersey Institute of Technology
All available majors ranked by graduate earnings — your major matters as much as your school.
Your major matters more than your school
At New Jersey Institute of Technology, the gap between the highest-earning major (Computer Engineering: $94,869) and the lowest (Graphic Communications: $47,959) is $46,910/yr — bigger than the difference between many schools.
| Major | Earnings | ROI |
|---|---|---|
| Computer EngineeringBest ROI | $94,869 | 2.6x |
| Electrical, Electronics and Communications Engineering | $90,360 | 2.5x |
| Computer and Information Sciences, General | $86,548 | 2.4x |
| Industrial Engineering | $85,257 | 2.4x |
| Biomedical/Medical Engineering | $83,518 | 2.3x |
| Information Science/Studies | $82,898 | 2.3x |
| Civil Engineering | $79,267 | 2.2x |
| Chemical Engineering | $78,403 | 2.2x |
| Mechanical Engineering | $77,327 | 2.1x |
| Engineering Technology, General | $77,045 | 2.1x |
| Mathematics | $67,694 | 1.9x |
| Business Administration, Management and Operations | $64,652 | 1.8x |
| Biology, General | $60,408 | 1.7x |
| Architectural Sciences and Technology(1yr data) | $48,961 | 1.4x |
| Design and Applied Arts | $48,950 | 1.4x |
| Graphic CommunicationsLowest | $47,959 | 1.3x |
Earnings are 4-year post-graduation medians where available, otherwise 5-year or 1-year. ROI = earnings ÷ annual tuition.
How It Compares
ROI at similar schools
| School | ROI Ratio | Earnings | Verdict |
|---|---|---|---|
| New Jersey Institute of Technology | 2.35x | $84,276 | Strong ROI |
| The College of New Jersey | 2.98x | $73,323 | Strong ROI |
| University of Delaware | 1.84x | $72,950 | Good ROI |
| University of Maryland-Baltimore County | 2.31x | $69,960 | Strong ROI |
| University of Connecticut | 1.72x | $73,997 | Good ROI |
| Rutgers University-New Brunswick | 2.07x | $74,479 | Strong ROI |
The Bottom Line
New Jersey Institute of Technology stands out as a strong financial investment among U.S. colleges. Graduates earn $84,276 10 years after starting — $39,276 above the national median of $45,000. The investment pays for itself in roughly 2.9 years — faster than most colleges.
Ready to apply to New Jersey Institute of Technology?
See your odds of admission based on your GPA and test scores.
Earnings data from the U.S. Department of Education College Scorecard. Tuition data from IPEDS. ROI calculations are for informational purposes only and reflect median outcomes.