Analysis
Comparable engineering bachelor's programs nationally suggest first-year earnings around $68,000 with debt near $26,500—numbers that produce a debt-to-earnings ratio of 0.39, well within the manageable range for STEM graduates. Illinois Tech admits about half its applicants with solid SAT scores averaging nearly 1300, positioning it as a selective technical institution where engineering is a core strength. For context, other Illinois engineering programs cluster around $66,000 in starting salaries, placing these peer-based estimates slightly above the state norm.
The estimated debt load aligns closely with both state and national medians for engineering degrees, which matters because engineering graduates typically see strong salary growth in their first decade of work. A debt burden under $27,000 against nearly $68,000 in first-year earnings suggests monthly loan payments that shouldn't crowd out other financial goals, assuming these estimates hold for Illinois Tech specifically.
The challenge here is straightforward: without reported outcomes from this specific program, you're betting on Illinois Tech's engineering reputation matching what similar programs deliver elsewhere. The fundamentals look sound—the school is purpose-built for technical education, the estimated numbers suggest typical engineering economics, and the projected debt-to-earnings picture is healthy. But you'll want to dig into Illinois Tech's actual placement rates and employer connections to confirm these peer-program estimates translate to real outcomes for their graduates.
Where Illinois Institute of Technology Stands
Earnings vs. debt across all engineering bachelors's programs nationally
Compare to Similar Programs in Illinois
Engineering bachelors's programs at peer institutions in Illinois (10 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $51,763 | $67,911* | — | $26,459* | — | |
| $37,940 | $66,394* | $79,322 | $27,000* | 0.41 | |
| $14,952 | $66,112* | — | —* | — | |
| National Median | — | $67,911* | — | $26,056* | 0.38 |
Career Paths
Occupations commonly associated with engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
Robotics Engineers
Nanosystems Engineers
Wind Energy Engineers
Solar Energy Systems Engineers
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Illinois Institute of Technology, approximately 29% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 47 similar programs. Actual outcomes may vary.