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New Jersey Institute of Technology vs Stevens Institute of Technology: which has better ROI?

Public, Newark NJ · vs · Private nonprofit, Hoboken NJ

The verdict

New Jersey Institute of Technology has the better ROI: it clears its 4-year net cost of $66,016 in 1.8 years versus 2.7 years at Stevens Institute of Technology, on median earnings of $84,276 vs $108,772 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureNew Jersey Institute of TechnologyStevens Institute of Technology
Net price / yr$16,504$41,346
Total net cost$66,016$165,384
Median earnings, 10 yrs$84,276$108,772
Median debt$21,000$27,000
Payback1.8 yrs2.7 yrs
20-year net return$652,304$1,042,856

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, New Jersey Institute of Technology or Stevens Institute of Technology?

New Jersey Institute of Technology, at $16,504 a year after aid versus $41,346 — a gap of $24,842 a year, or $99,368 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do New Jersey Institute of Technology or Stevens Institute of Technology graduates earn more?

Stevens Institute of Technology graduates report a median $108,772 ten years after entry, $24,496 more than the $84,276 at New Jersey Institute of Technology. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, New Jersey Institute of Technology or Stevens Institute of Technology?

New Jersey Institute of Technology: its completers carry a median $21,000 in federal loans versus $27,000 at Stevens Institute of Technology, a difference of $6,000. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

87% of students finish at Stevens Institute of Technology, against 73% at New Jersey Institute of Technology. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

New Jersey Institute of Technology vs Stevens Institute of Technology: frequently asked questions

Is New Jersey Institute of Technology or Stevens Institute of Technology a better value?
New Jersey Institute of Technology. It clears its $66,016 net cost in about 1.8 years versus 2.7 years at Stevens Institute of Technology, on median earnings of $84,276 vs $108,772 ten years out.
Which is cheaper, New Jersey Institute of Technology or Stevens Institute of Technology?
New Jersey Institute of Technology: $16,504/yr net price after aid versus $41,346/yr at Stevens Institute of Technology — a difference of $24,842 a year, or about $99,368 over four years.
Do New Jersey Institute of Technology or Stevens Institute of Technology graduates earn more?
Stevens Institute of Technology graduates earn a median $108,772 ten years after entry, versus $84,276 at New Jersey Institute of Technology — a $24,496 gap. This blends every major, so a specific field can flip it.