2026 data College Scorecard official source

Affordable Alternatives to Illinois Institute of Technology

Open-data reference.

We found 15 schools structurally similar to Illinois Institute of Technology that cost less. 7 offer comparable or better earnings outcomes.

Your School

Illinois Institute of Technology

Chicago, Illinois · Private Nonprofit

$18,425
Net Price
$82,592
Median Earnings (10yr)
54.9%
Acceptance Rate
74.0%
Graduation Rate

What the IPEDS & College Scorecard Data Shows for Alternatives to Illinois Institute of Technology

Illinois Institute of Technology posts an average net price of $18,425 after grants and scholarships, the IPEDS-derived figure used to anchor this alternatives search. We screened institutions in the Integrated Postsecondary Education Data System for colleges that report a lower net price and share structural similarity with Illinois Institute of Technology across six dimensions — ownership sector, Carnegie classification, undergraduate enrollment, admission rate, graduate earnings, and completion rate. 15 institutions cleared a 40-percent similarity threshold.

The maximum possible savings across this list is $15,392, achieved by CUNY Bernard M Baruch College at $3,033. Of greater interest to ROI-focused applicants: 7 of the 15 alternatives also report median 10-year earnings at or above Illinois Institute of Technology’s $82,592, meaning lower cost is not paired with lower earnings. The mean median-earnings figure across alternatives is $80,637.

The similarity scoring treats enrollment size, Carnegie classification, and ownership sector as high-weight features because those structural attributes correlate most strongly with student experience and post-graduation outcomes in the College Scorecard literature. Admission rate and graduation rate enter as secondary features, while net price drives the cost-ranking that determines which institutions appear. Net price is an IPEDS-reported figure calculated as the average cost of attendance minus institutional and federal grants for first-time, full-time undergraduates receiving Title IV aid — so it already accounts for the aid a typical admitted student would receive. That makes it a more honest cost comparison than sticker-price tuition alone.

Similar Schools That Cost Less

15
Alternatives Found
$15,392
Max Savings
7
Better Value Options
56%
Best Match

Top 5 alternatives by 10-yr earnings

Top 5 alternatives by 10-yr earnings Horizontal bar chart of the top 5 items by value (USD). Top 5 alternatives by 10-yr earnings Top 5 1. Brigham Young University $76k 2. Belanger School of Nursing $80k 3. Colby College $80k 4. Missouri University of Scien $83k 5. Bowdoin College $83k Compared to Illinois Institute of Technology: $83k.

Source: U.S. Department of Education — College Scorecard Institution-level earnings + cost-of-attendance file · 2024 (latest release) Median 10-year earnings reflect federal-aid recipients only; net price reflects sticker price minus average grants/scholarships.

School Net Price Savings Earnings (10yr) Graduation Similarity
Brigham Young University
Provo, UT · Private Nonprofit
$15,564 -$2,861 $75,790 81.6% 56%
Belanger School of Nursing
Schenectady, NY · Private Nonprofit
$13,185 -$5,240 $79,677 N/A 55%
Colby College
Waterville, ME · Private Nonprofit
$17,180 -$1,245 $80,490 89.5% 53%
Missouri University of Science and Technology
Rolla, MO · Public Better Value
$16,298 -$2,127 $82,957 64.0% 50%
Bowdoin College
Brunswick, ME · Private Nonprofit Better Value
$14,398 -$4,027 $82,735 95.4% 50%
Michigan Technological University
Houghton, MI · Public
$14,182 -$4,243 $78,198 68.4% 49%
Davidson College
Davidson, NC · Private Nonprofit
$17,379 -$1,046 $81,400 91.5% 48%
New Jersey Institute of Technology
Newark, NJ · Public Better Value
$16,504 -$1,921 $84,276 72.9% 47%
The Cooper Union for the Advancement of Science and Art
New York, NY · Private Nonprofit Better Value
$13,269 -$5,156 $83,847 80.7% 47%
Williams College
Williamstown, MA · Private Nonprofit Better Value
$17,716 -$709 $88,665 95.1% 45%
Regis University
Denver, CO · Private Nonprofit
$18,397 -$28 $72,105 61.1% 45%
University of Detroit Mercy
Detroit, MI · Private Nonprofit
$15,232 -$3,193 $71,030 67.6% 45%
CUNY Bernard M Baruch College
New York, NY · Public
$3,033 -$15,392 $75,971 72.1% 43%
Yeshiva Shaarei Torah of Rockland
Suffern, NY · Private Nonprofit Better Value
$10,753 -$7,672 $89,548 N/A 41%
University of Maryland-College Park
College Park, MD · Public Better Value
$15,678 -$2,747 $82,860 88.6% 40%

How We Match Schools

Our similarity engine compares schools across six dimensions: institution type (Carnegie classification), ownership (public/private), enrollment size, admission selectivity, graduate earnings, and completion rates. Each dimension is weighted by its impact on student outcomes.

Only schools with a lower average net price than Illinois Institute of Technology are shown. Schools marked "Better Value" have comparable or higher median earnings at a lower cost.

Data source: U.S. Department of Education College Scorecard. Earnings are median values 10 years after enrollment, drawn from U.S. Treasury tax records. Net price is the average cost after grants and scholarships for first-time, full-time students, as reported through IPEDS.

Frequently Asked Questions

What are cheaper alternatives to Illinois Institute of Technology?
We found 15 schools similar to Illinois Institute of Technology that cost less. The closest match is Brigham Young University with 56% similarity and a net price of $15,564.
What is the ROI of attending Illinois Institute of Technology?
Illinois Institute of Technology has an average net price of $18,425. Graduates earn a median of $82,592 ten years after enrollment. The earnings-to-cost ratio is 4.5x.
Are there schools with better outcomes than Illinois Institute of Technology for less money?
Yes — 7 of 15 alternatives offer comparable or higher median earnings at a lower net price. Missouri University of Science and Technology costs $16,298 (saving $2,127) with median earnings of $82,957.
What is the cheapest alternative to Illinois Institute of Technology?
The most affordable similar school is CUNY Bernard M Baruch College at $3,033, saving $15,392 compared to Illinois Institute of Technology. It has a 43% similarity score.
How do alternative schools' earnings compare?
The 15 alternatives have an average median earnings of $80,637 compared to Illinois Institute of Technology's $82,592. While alternatives cost less, their average earnings are also lower. Individual results vary — check the comparison table above.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Department of Education College Scorecard. Consult a qualified professional before making decisions based on this data.