Illinois Institute of Technology — ROI, Cost & Payback
Illinois Institute of Technology charges a net price of $18,425/yr after aid — a 4-year total of $73,700. Graduates earn a median $82,592 ten years after entry, $34,232/yr above the $48,360 high-school baseline, clearing the total in 2.2 years — a 20-year net return of $610,940, a strong payback — the degree clears its cost fast. (Scorecard, 2026 · our math.)
Illinois Institute of Technology's 2.2-year payback ranks #94 of 1,280 US colleges we track — better ROI than 93% of them, and #3 of 116 in Illinois.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $18,425/yr | Scorecard, 2026 |
| Total net cost (4 yrs) | $73,700 | our math |
| Median earnings, 10 yrs after entry | $82,592 | Scorecard, 2026 |
| Earnings premium over HS baseline | $34,232/yr | our math |
| Median debt (completers) | $25,000 | Scorecard, 2026 |
| Payback | 2.2 yrs | our math |
| 20-year net return | $610,940 | our math |
College Scorecard (2026 release), institution-level · payback and returns are our math.
The arithmetic, on Illinois Institute of Technology's own numbers. Net price $18,425 × 4 years = $73,700 total. Median earnings $82,592 − the $48,360 high-school baseline = $34,232 a year of premium. $73,700 ÷ $34,232 = 2.2 years to break even; twenty years of that premium minus the cost leaves $610,940. Future dollars are not discounted, and the earnings figure blends every major here — your programme can beat or miss it. Full method.
How much debt do Illinois Institute of Technology students graduate with?
A median $25,000 in federal loans among completers, or 30% of the $82,592 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.
What share of Illinois Institute of Technology students graduate?
75% finish their degree. Spread the $73,700 bill across that completion rate and the cohort pays $98,267 per graduate produced — our math, and the figure a payback number never shows.
Is Illinois Institute of Technology expensive compared with other Illinois colleges?
Its $18,425 net price runs $4,675 above the $13,750 median across the 116 Illinois colleges we profile, or $18,700 more across the full degree.