Is Illinois Institute of Technology worth it?
Chicago, IL · private-nonprofit
Verdict
Typical students pay $18,425 a year after aid, graduate with $25,000 in federal debt, and earn $70,803 six years after enrolling — an estimated monthly loan payment of $268, with a debt break-even of about 3.5 years.
Net price / year
$18,425
Admission rate
55%
Graduation rate
—
Median debt
$25,000
Earnings (6 yr)
$70,803
Earnings (10 yr)
$82,592
Est. monthly loan payment
$268
Loan-to-income ratio
35%
Debt break-even
3.5 years
How Illinois Institute of Technology compares
FAQ
How much does it cost to attend Illinois Institute of Technology?
The federal average net price after grants and scholarships is $18,425 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.
How much debt do Illinois Institute of Technology graduates typically carry?
Students who complete a program at Illinois Institute of Technology leave with a median federal debt of $25,000, based on the U.S. Department of Education's College Scorecard.
What do Illinois Institute of Technology graduates earn?
Six years after enrolling, former students report median earnings of $70,803, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at Illinois Institute of Technology?
Graduation rate data is not currently published for this school.
Is Illinois Institute of Technology worth the debt?
Based on median debt and 6-year earnings, it would take roughly 3.5 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.
Source: U.S. Department of Education College Scorecard.