Analysis
New Jersey Institute of Technology's mechanical engineering program lands squarely in the middle of the pack—ranking 40th percentile among New Jersey programs and 37th percentile nationally. With first-year earnings of $68,675, graduates earn about $1,500 less than the state median and $2,000 below the national benchmark. That gap widens when you look at the state's top programs: Princeton grads earn $17,000 more, and even Stevens and Rutgers graduates pull ahead by $9,000-$3,000 respectively.
The debt picture offers a silver lining. At $23,334, graduates carry slightly less debt than both state and national medians, resulting in a manageable 0.34 debt-to-earnings ratio—meaning the typical graduate's debt equals just four months of their starting salary. The 13% earnings growth to year four shows steady progression, though it doesn't close the gap with higher-performing programs.
For a family weighing options, NJIT delivers decent value if cost is the deciding factor, especially compared to private alternatives like Stevens. But if your child can gain admission to Rutgers, that program delivers better earnings outcomes at similar debt levels. NJIT works best as a solid, affordable path into mechanical engineering rather than a standout investment—particularly for students who need the accessibility of its 67% admission rate or benefit from its substantial Pell Grant population support system.
Where New Jersey Institute of Technology Stands
Earnings vs. debt across all mechanical engineering bachelors's programs nationally
Earnings Distribution
How New Jersey Institute of Technology graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| New Jersey Institute of Technology | $68,675 | $77,327 | +13% |
| Stevens Institute of Technology | $77,925 | $88,283 | +13% |
| Rutgers University-New Brunswick | $71,569 | $84,202 | +18% |
| Rowan University | $66,909 | $80,397 | +20% |
| The College of New Jersey | $65,761 | $75,660 | +15% |
Compare to Similar Programs in New Jersey
Mechanical Engineering bachelors's programs at peer institutions in New Jersey (6 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $19,022 | $68,675 | $77,327 | $23,334 | 0.34 | |
| $59,710 | $85,328 | — | — | — | |
| $60,952 | $77,925 | $88,283 | $26,520 | 0.34 | |
| $17,239 | $71,569 | $84,202 | $23,250 | 0.32 | |
| $15,700 | $66,909 | $80,397 | $22,500 | 0.34 | |
| $18,685 | $65,761 | $75,660 | $22,875 | 0.35 | |
| National Median | — | $70,744 | — | $24,755 | 0.35 |
Career Paths
Occupations commonly associated with mechanical engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Aerospace Engineers
Mechanical Engineers
Fuel Cell Engineers
Automotive Engineers
Engineering Teachers, Postsecondary
Cost Estimators
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 267 graduates with reported earnings and 272 graduates with debt data. Small samples may not be representative.