New Jersey Institute of Technology — ROI, Cost & Payback
New Jersey Institute of Technology charges a net price of $16,504/yr after aid — a 4-year total of $66,016. Graduates earn a median $84,276 ten years after entry, $35,916/yr above the $48,360 high-school baseline, clearing the total in 1.8 years — a 20-year net return of $652,304, a strong payback — the degree clears its cost fast. (Scorecard, 2026 · our math.)
New Jersey Institute of Technology's 1.8-year payback ranks #54 of 1,280 US colleges we track — better ROI than 96% of them, and #3 of 78 in New Jersey.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $16,504/yr | Scorecard, 2026 |
| Total net cost (4 yrs) | $66,016 | our math |
| Median earnings, 10 yrs after entry | $84,276 | Scorecard, 2026 |
| Earnings premium over HS baseline | $35,916/yr | our math |
| Median debt (completers) | $21,000 | Scorecard, 2026 |
| Payback | 1.8 yrs | our math |
| 20-year net return | $652,304 | our math |
College Scorecard (2026 release), institution-level · payback and returns are our math.
The arithmetic, on New Jersey Institute of Technology's own numbers. Net price $16,504 × 4 years = $66,016 total. Median earnings $84,276 − the $48,360 high-school baseline = $35,916 a year of premium. $66,016 ÷ $35,916 = 1.8 years to break even; twenty years of that premium minus the cost leaves $652,304. 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 New Jersey Institute of Technology students graduate with?
A median $21,000 in federal loans among completers, or 25% of the $84,276 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.
What share of New Jersey Institute of Technology students graduate?
73% finish their degree. Spread the $66,016 bill across that completion rate and the cohort pays $90,433 per graduate produced — our math, and the figure a payback number never shows.
Is New Jersey Institute of Technology expensive compared with other New Jersey colleges?
Its $16,504 net price runs $3,914 below the $20,418 median across the 78 New Jersey colleges we profile, and $15,654 less across the full degree.