Median Earnings (1yr)
$64,831
75th percentile
Median Debt
$24,000
9% below national median
Debt-to-Earnings
0.37
Manageable
Sample Size
262
Adequate data

Analysis

NJIT's Engineering Technology program delivers strong financial outcomes that outpace most similar programs nationwide. With first-year earnings of $64,831, graduates beat the national median by over $4,000 and land in the 75th percentile among Engineering Technology programs. The $24,000 median debt—about $2,300 below the national average—translates to a debt-to-earnings ratio of 0.37, meaning graduates earn nearly three times what they owe. That's manageable territory for a technical degree.

The earnings trajectory reinforces the program's value: graduates see a 19% income boost by year four, reaching $77,045. This growth pattern suggests these aren't dead-end technical positions but rather roles with genuine advancement potential. NJIT serves a substantial population of first-generation and lower-income students (39% receive Pell grants), and the combination of moderate debt with above-average earnings creates accessible upward mobility. The 67% admission rate means this opportunity isn't limited to students with perfect credentials.

For parents weighing options, this program offers what Engineering Technology degrees should: practical skills that translate directly into well-paying jobs, with debt levels that won't derail financial stability. The numbers indicate employers value NJIT's technical training, and the consistent earnings growth suggests graduates acquire skills that remain marketable as they advance in their careers.

Where New Jersey Institute of Technology Stands

Earnings vs. debt across all engineering technology bachelors's programs nationally

New Jersey Institute of TechnologyOther engineering technology programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How New Jersey Institute of Technology graduates compare to all programs nationally

New Jersey Institute of Technology graduates earn $65k, placing them in the 75th percentile of all engineering technology bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in New Jersey

Engineering Technology bachelors's programs at peer institutions in New Jersey

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
New Jersey Institute of Technology$64,831$77,045$24,0000.37
National Median$60,529—$26,3250.43

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 New Jersey Institute of Technology, approximately 39% 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.

Sample Size: Based on 262 graduates with reported earnings and 270 graduates with debt data. Small samples may not be representative.