Student Outcomes
- Graduation Rate (4-year)
- 73.8%
- Graduation Rate (6-year)
- 72.4%
- Retention Rate
- 86.9%
- Median Earnings (10 years after entry)
- $82,592
- Median Debt at Graduation
- $25,000
- Student-to-Faculty Ratio
- 17:1
- Loan Repayment Rate
- 80.3%
- Estimated Monthly Loan Payment
- $265/mo
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Electrical, Electronics and Communications Engineering. | Master | $99,683 | |
| Design and Applied Arts. | Master | $90,856 | |
| Computer Science. | Master | $90,412 | |
| Chemical Engineering. | Master | $83,546 | |
| Business Administration, Management and Operations. | Master | $83,177 | |
| Computer Science. | Bachelor | $78,971 | $23,750 |
| Chemistry. | Master | $74,200 | |
| Psychology, General. | Doctoral | $73,949 | |
| Computer and Information Sciences, General. | Master | $73,949 | |
| Mechanical Engineering. | Master | $70,680 | |
| Electrical, Electronics and Communications Engineering. | Bachelor | $68,499 | $25,000 |
| Civil Engineering. | Master | $66,169 | |
| Law. | Doctoral | $65,131 | $97,727 |
| Computer Engineering. | Bachelor | $63,749 | $26,000 |
| Engineering-Related Fields. | Bachelor | $63,005 |
Outcomes Overview
IIT graduates earn a median of $82,592 within ten years, putting them well above the national average for college graduates. With typical debt of $25,000, the debt-to-earnings ratio is just 30%, considered excellent by financial standards. Monthly loan payments of $265 represent only 4% of median income, leaving plenty of room for living expenses in expensive Chicago. The 93.9% employment rate reflects strong demand for IIT's engineering and computer science graduates, who often land roles at major tech companies, consulting firms, and Chicago's thriving financial sector. Many alumni work for Boeing, Google, and other Fortune 500 companies. This represents a strong return on investment for career-focused students.