Private Nonprofit · Chicago, Illinois

Illinois Institute of Technology

Illinois Institute of Technology is a private nonprofit institution in Chicago, Illinois. Graduates earn a median of $82,592 ten years after enrollment at an average net price of $18,425/yr.

$82,592
10-yr median earnings
$18,425
Avg net price / yr
54.9%
Acceptance rate
74.0%
4-yr completion

The verdict

Illinois Institute of Technology pairs top-5% graduate earnings with a moderately open admit.

According to the U.S. Department of Education's College Scorecard.

Top 2%
graduate earnings, US
54.9%
acceptance rate
74.0%
4-yr completion
+17%
earnings, 6→10 yrs
City: Large Carnegie: R2

Illinois Institute of Technology is a private nonprofit institution in Chicago, Illinois enrolling 2,833 students, according to the U.S. Department of Education College Scorecard's 2024-25 release. The acceptance rate is 54.9% with an average SAT of 1,311. Graduates earn a median of $82,592 ten years after enrollment, based on U.S. Treasury tax records linked to federal financial aid data. The average net price after financial aid is $18,425. This profile includes admissions data, graduation rates, program-level earnings, and cost breakdowns to help students compare colleges using official federal data.

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Data updated July 2026

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

Illinois Institute of Technology operates as a private nonprofit institution located in Chicago, Illinois (city: large), with a total reported enrollment of 2,833 students of which 3,735 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile's peer group and cost cohort are determined; Illinois Institute of Technology is categorized as "Doctoral Universities: High Research Activity" under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Admissions and cost figures below come from the same annual IPEDS Fall enrollment survey and net-price calculation that every Title IV institution is legally required to submit to the federal government, so the same standardized methodology applies whether comparing a public flagship or a small private college. Net price nets grant and scholarship aid out of the published sticker price, the number financial-aid experts consider the honest comparison point - the table further down breaks that figure out by family income band rather than a single blended average, since what one family actually pays can look very different from what another family pays at the identical school.

The outcomes further down come from federal tax records the U.S. Treasury links to former students who received federal financial aid, not a self-reported alumni survey - an approach that removes response bias but also means graduates who never took federal aid are absent from the earnings figures. Completion and retention rates only count first-time, full-time degree-seeking students, so a school with a large transfer or part-time population can serve those students well without that showing up in these particular metrics. Reading the cost, completion, and earnings figures together, rather than any single one in isolation, is the approach the College Scorecard's own methodology recommends for judging return on investment.

College Value Score

B-
College Value Score
67/100
Illinois Institute of Technology

A 6-metric composite of earnings, cost, and completion outcomes benchmarked against every reporting US college, not a ranking of teaching quality, campus life, or fit for any individual student. See the full methodology.

Earnings A+
$82,592
10-year median graduate earnings
Net Price D
$18,425
Average annual cost after grants and aid
Graduation Rate N/A
N/A
6-year completion rate
Debt F
$25,000
Median federal debt at graduation
Loan Repayment A+
89.9%
Borrowers repaying loans within 3 years
Retention B+
86.0%
First-year students returning for year two
Illinois Institute of Technology vs. the national benchmark
EarningsNet PriceGrad RateDebtRepaymentRetention

Each axis is the percentile score shown in the breakdown at left; the shape shows this school's overall profile at a glance.

10-yr median earnings

$82,592

Federal aid recipients only

Avg net price

$18,425

After grants and scholarships

4-yr completion

74.0%

First-time, full-time bachelor's

4-year completion vs national average (40%) 74.0%

Higher is better

College ROI Quadrant - Illinois Institute of Technology vs peers

Illinois Institute of Technology positioned by earnings vs cost Two-by-two quadrant chart: x-axis median earnings 10 years after enrollment, y-axis average net price after financial aid. Each dot is a college, colored by 4-year graduation rate (garnet ≥65%, amber 45-64%, red <45%). Net price increases upward, earnings increase rightward, so: bottom-right = best value (low cost, high earnings); top-right = premium (high cost, high earnings); bottom-left = community college tier (low cost, modest earnings); top-left = avoid (high cost, low earnings). Currently plotting 8 colleges. Source: U.S. Department of Education College Scorecard joined to Carnegie Classification. Illinois Institute of Technology positioned … Carnegie Classification: R2 R2 AVOID PREMIUM COMMUNITY BEST VALUE $36K $96K Median Earnings 10 Years After Enrollment ($) $11K $38K Avg Net Price ($) Illinois Institute of Technology (you are here): $83K earn · $18K net · 74% grad You are here - Illinois Institute… DePaul University: $69K earn · $31K net · 69% grad DePaul University Loyola University Chicago: $72K earn · $36K net · 75% grad Loyola University … Northwestern University: $89K earn · $29K net · 96% grad Northwestern Unive… University of Chicago: $92K earn · $15K net · 95% grad University of Chic… Columbia College Chicago: $42K earn · $27K net · 50% grad Columbia College C… National Louis University: $46K earn · $13K net · 33% grad VanderCook College of Music: $48K earn · $20K net · 59% grad Grad rate (4yr) ≥65% 45-64% <45%
Source: U.S. Department of Education College Scorecard + Carnegie Classification of Institutions of Higher Education

Each dot is a college plotted by 10-year median earnings (x-axis) vs average net price (y-axis), colored by 4-year graduation rate. Top-left = best ROI; bottom-right = avoid.

How Illinois Institute of Technology ranks nationally

Where this school's graduate earnings fall within the full national distribution of every US college that reports to the College Scorecard, not just its peer set.

Illinois Institute of Technology: graduate earnings vs. every US college

10-year median earnings, College Scorecard

$82,592 Top 2% higher than 98% of 5,103 US colleges

$0–$20,000: 169 US colleges (3%). Below this entry. $20,000–$40,000: 2,245 US colleges (44%). Below this entry. $40,000–$60,000: 1,897 US colleges (37%). Below this entry. $60,000–$80,000: 606 US colleges (12%). Below this entry. $80,000–$100,000: 134 US colleges (3%). This entry sits in this band. $100,000–$120,000: 39 US colleges (1%). Above this entry. $120,000–$140,000: 11 US colleges (0%). Above this entry. $140,000–$160,000: 2 US colleges (0%). Above this entry. This college $0 $160,000 every US college, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US colleges. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Education, College Scorecard · 2024

Quick Facts

2,833
Total enrollment
54.9%
Acceptance rate
1,311
SAT average
74.0%
4-yr graduation rate
$82,592
10-yr median earnings
86.0%
First-year retention

Admissions

Admission Rate 54.9%
SAT Average 1,311
SAT Math (25th-75th) 590 – 720
SAT Reading (25th-75th) 590 – 720
ACT Average 29
ACT (25th-75th) 26 – 32

Share of applicants admitted

0%100%54.9%
Share of applicants admitted

Costs & Financial Aid

Tuition & Net Price

In-State Tuition $52,386
Out-of-State Tuition $52,386
Average Net Price $18,425

Net Price by Family Income

$0 – $30,000 $12,964
$30,001 – $48,000 $13,415
$48,001 – $75,000 $17,217
Over $110,000 $29,950
30.0%
Pell Grant Rate
28.7%
Federal Loan Rate
$25,000
Median Debt
$265/mo
Monthly Payment

Student Demographics

Race & ethnicity

Student body at a glance

30.0%
Female
32.2%
First Generation

Outcomes

74.0%
4-Year Completion Rate
86.0%
Retention Rate
$70,803
Median Earnings (6yr)
$82,592
Median Earnings (10yr)
85.1%
Earning Over $25K
89.9%
Loan Repayment, Completers (3yr)

Programs & Earnings

Top programs at Illinois Institute of Technology by graduate earnings

Median earnings of program completers, College Scorecard field-of-study file

median earnings

What this shows The highest-earning programs at a school are not necessarily its most popular ones - a small specialized program can post strong median earnings without reflecting the outcome most students here actually see.

Source U.S. Department of Education, College Scorecard As of 2024
Program Credential Completers Median Earnings Median Debt
Design and Applied Arts Master's 11 $144,324 -
Computer Science Master's 127 $131,511 -
Computer and Information Sciences, General Master's 83 $129,201 -
Computer Science Bachelor's 107 $120,953 $23,750
Business Administration, Management and Operations Master's 18 $119,075 -
Psychology, General Doctoral 14 $115,482 -
Computer Engineering Bachelor's 25 $114,930 $26,000
Law First Professional 233 $111,515 $97,727
Chemical Engineering Master's 20 $111,149 -
Aerospace, Aeronautical, and Astronautical/Space Engineering Bachelor's 28 $110,956 $27,000
Mechanical Engineering Master's 54 $101,412 -
Electrical, Electronics, and Communications Engineering Master's 47 $99,683 -
Electrical, Electronics, and Communications Engineering Bachelor's 24 $98,743 $25,000
Computer and Information Sciences, General Bachelor's 63 $97,153 $21,491
Civil Engineering Master's 18 $96,477 -

Frequently Asked Questions

What is the acceptance rate at Illinois Institute of Technology?
Illinois Institute of Technology is a private nonprofit institution in Chicago, Illinois. The acceptance rate is 54.9%. The average SAT score is 1,311. Total enrollment is 2,833 students.
How much do Illinois Institute of Technology graduates earn?
Graduates of Illinois Institute of Technology earn a median of $82,592 ten years after enrollment. Six years after enrollment, median earnings are $70,803.
How much does Illinois Institute of Technology cost?
The average net price at Illinois Institute of Technology is $18,425. In-state tuition is $52,386 and out-of-state tuition is $52,386. Median student debt at graduation is $25,000.
What is the graduation rate at Illinois Institute of Technology?
Illinois Institute of Technology has a 4-year completion rate of 74.0%. The first-year retention rate is 86.0%.
Is Illinois Institute of Technology worth the student debt?
The median student debt at Illinois Institute of Technology is $25,000, while graduates earn a median of $82,592 ten years after enrollment. That debt represents about 30% of first-year post-graduation earnings. Among borrowers who completed their program, 89.9% are repaying their loans within 3 years. Estimated monthly loan payment is $265.

Sources & methodology

According to the U.S. Department of Education College Scorecard's 2024-25 release, PlainCollege tracks 6,243 postsecondary institutions and 70,827 individual school-and-program earnings records nationwide.

Every figure on this page is read live from official U.S. federal datasets, as of the 2024-25 release. Read the full methodology for how the data is sourced, computed, and verified.

What this means for Illinois Institute of Technology

  • Illinois Institute of Technology's graduates land in the 2nd percentile nationally for 10-year earnings among reporting colleges.
  • The average net price after aid is $18,425 - compare it against schools with similar outcomes but a lower cost.Find similar schools that cost less
  • See how this school compares to every other college in Illinois.Browse Illinois

This profile is for informational purposes only and does not constitute financial or admissions advice. Figures are historical averages and may not predict an individual student's outcome - confirm current details directly with the institution before making enrollment decisions.

Every figure on PlainCollege is rendered directly from the U.S. Department of Education's College Scorecard data, no number is typed in by an editor. Institution profiles are compiled directly from College Scorecard, IPEDS, and Treasury earnings-linkage data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2024-25.