At $35,300/yr net price, Florida Institute of Technology graduates earn $43,137/yr within 10 years of enrollment, which is $9,137/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $35,300 |
| Estimated 4-Year Cost | $141,200 |
| Median Earnings (10yr post-entry) | $43,137/yr |
| Earnings Premium vs. HS Diploma | +$9,137/yr |
| Estimated Break-Even | 15.5 years |
| Graduation Rate (6-year) | 65.5% |
| Median Debt at Graduation | $27,000 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $29,324/yr |
| $30,001 - $48,000 | $29,464/yr |
| $48,001 - $75,000 | $33,611/yr |
| $75,001 - $110,000 | $36,324/yr |
| $110,001+ | $39,204/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Information Science/Studies. | Master | $80,022 | |
| Business Administration, Management and Operations. | Master | $75,787 | $37,584 |
| Health and Medical Administrative Services. | Master | $69,338 | $41,000 |
| Electrical, Electronics and Communications Engineering. | Bachelor | $69,338 | |
| Information Science/Studies. | Bachelor | $67,660 | $48,000 |
| Computer Science. | Bachelor | $67,324 | $27,000 |
| Mechanical Engineering. | Bachelor | $65,557 | $26,782 |
| Computer Engineering. | Bachelor | $65,486 | $24,625 |
| Management Information Systems and Services. | Master | $63,997 | $37,584 |
| Air Transportation. | Master | $61,064 |
The Risk Factor
65.5% of students at Florida Institute of Technology graduate within 6 years. A significant share of students finish, but roughly 35% do not complete their degree.
Analysis
Florida Tech's financial picture is split. The median graduate earns $43,137 ten years out against a $35,300 yearly net price, which is a weak return for a private school charging that much. But that median hides a wide gap between the engineering and computing majors that pay off and everything else that drags the number down.
If you study electrical engineering, computer science, computer engineering, or mechanical engineering here, the math works. These programs land graduates in the mid-to-high $60,000s, and the debt loads stay reasonable for most of them. Computer engineering pairs $65,486 earnings with the lowest debt of the group. Mechanical engineering sits in a similar spot. Florida's Space Coast around Melbourne runs on aerospace and defense employers, so these degrees connect directly to local jobs.
Watch the debt on information science. It pays $67,660 but carries $48,000 in median debt, nearly double what computer science graduates borrow for almost identical pay. Same career money, far heavier loan burden.
The risk here is picking a major outside engineering and computing. The school's overall median earnings sit well below what the top programs produce, meaning plenty of graduates leave earning far less than $60,000 while paying the same high price. A 65.5% graduation rate and 77% retention mean a real share of you won't finish, and leaving with debt and no degree is the worst outcome this school can hand you.
The net price barely moves with income. Families under $30,000 still pay around $29,000 a year, and the aid gap between the lowest and highest earners is under $10,000. Florida Tech makes sense if you're committed to one of its engineering or computing tracks. If you're undecided or drawn to a lower-earning field, the price doesn't justify the return.
Frequently Asked Questions
Is Florida Institute of Technology worth the cost?
Florida Institute of Technology's $35,300 annual net price leads to median earnings of $43,137 after 10 years, which is below average for the cost. The ROI depends heavily on your major, with Information Science graduates earning $80,022 while other programs show weaker returns.
What are the best paying majors at Florida Institute of Technology?
Information Science and Business Administration graduates from Florida Institute of Technology earn the highest salaries at $80,022 and $75,787 respectively. Engineering majors earn around $69,338, which is solid but not exceptional for the field.
How much debt do Florida Institute of Technology students graduate with?
Florida Institute of Technology students graduate with a median debt of $27,000, which is manageable compared to many private schools. However, with average 10-year earnings of $43,137, some graduates may struggle with loan payments depending on their field.
Does Florida Institute of Technology have good job placement after graduation?
Florida Institute of Technology has a 65.5% graduation rate, which is concerning for a school charging $35,300 annually. The school's focus on tech and engineering fields provides clear career paths, but one-third of students don't complete their degrees.