At $21,318/yr net price, Indiana Institute of Technology graduates earn $47,327/yr within 10 years of enrollment, which is $13,327/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $21,318 |
| Estimated 4-Year Cost | $85,272 |
| Median Earnings (10yr post-entry) | $47,327/yr |
| Earnings Premium vs. HS Diploma | +$13,327/yr |
| Estimated Break-Even | 6.4 years |
| Graduation Rate (6-year) | 31.4% |
| Median Debt at Graduation | $26,391 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $17,346/yr |
| $30,001 - $48,000 | $17,260/yr |
| $48,001 - $75,000 | $19,579/yr |
| $75,001 - $110,000 | $24,780/yr |
| $110,001+ | $24,341/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Industrial Engineering. | Bachelor | $69,338 | $31,000 |
| Biomedical/Medical Engineering. | Bachelor | $62,260 | |
| Mechanical Engineering. | Bachelor | $60,771 | |
| Computer and Information Sciences and Support Services, Other. | Bachelor | $58,221 | |
| Business/Commerce, General. | Master | $57,860 | $34,646 |
| Business Administration, Management and Operations. | Bachelor | $43,178 | $27,054 |
| Criminal Justice and Corrections. | Associate | $41,565 | $26,857 |
| Accounting and Related Services. | Bachelor | $41,565 | $27,000 |
| Business Administration, Management and Operations. | Associate | $35,594 | $25,741 |
| Criminal Justice and Corrections. | Bachelor | $35,274 | $27,046 |
The Risk Factor
31.4% of students at Indiana Institute of Technology graduate within 6 years. Fewer than half of students complete their degree. If you don't graduate, the financial investment may not pay off.
Analysis
Indiana Institute of Technology delivers poor financial returns for most students despite its engineering focus. The median graduate earns just $47,327 ten years after enrollment, well below the $60,000-plus typical for engineering schools.
Industrial Engineering stands out as the clear winner, producing graduates who earn $69,338 annually. Biomedical and Mechanical Engineering also deliver solid returns above $60,000. Computer Science graduates earn $58,221, respectable but not strong for the field. These four programs justify the school's costs.
The bigger problem lies in the 31% graduation rate. Nearly seven out of ten students leave without a degree, often carrying debt with no credential to show for it. This makes Indiana Tech a high-risk choice regardless of your intended major.
You face two major financial risks here. First, the low retention rate of 66% signals many students struggle academically or financially in their first year. Second, if you switch out of engineering into weaker programs, your earning potential drops significantly.
Indiana Tech works financially if you're committed to Industrial, Biomedical, or Mechanical Engineering and confident you'll graduate. The relatively low debt load of $26,391 helps engineering graduates achieve positive returns.
Skip this school if you're unsure about engineering or considering non-technical majors. The combination of weak graduation rates and poor outcomes in most programs creates too much downside risk. You'll find better engineering programs with higher success rates at Purdue campuses or regional state universities for similar or lower costs.
Frequently Asked Questions
Is Indiana Institute of Technology worth the cost?
Indiana Institute of Technology's value depends heavily on your major. Engineering programs show solid returns with median salaries of $60,000-$69,000, but the overall 10-year earnings of $47,327 barely justify the cost for other majors.
What is the ROI for Indiana Institute of Technology engineering programs?
Engineering graduates from Indiana Institute of Technology earn $60,000-$69,000 annually, making these programs the school's best financial bet. Industrial engineering leads at $69,338, followed by biomedical and mechanical engineering.
How much student debt do Indiana Institute of Technology graduates have?
Indiana Institute of Technology graduates carry a median debt of $26,391. With overall 10-year earnings of $47,327, this creates a manageable but not ideal debt-to-income ratio for most graduates.
Why is Indiana Institute of Technology's graduation rate so low?
Only 31% of students graduate from Indiana Institute of Technology, which is well below national averages. This low completion rate significantly increases the financial risk of attending, especially for students in lower-paying programs.