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 gives you a split outcome that depends almost entirely on your major. The median graduate earns about $47,000 ten years out against a net price north of $21,000 a year, which is a weak return for a private college. But that median hides a wide gap between the engineering programs and everything else.
If you study industrial, biomedical, or mechanical engineering here, the math works. Industrial engineering graduates clear roughly $69,000, and Fort Wayne's manufacturing base gives you local employers who hire for exactly these skills. Even at $31,000 in debt, that salary covers your payments. Computer and information sciences lands in the high $50,000s and holds up too.
Business administration is where the return breaks down. At about $43,000 in earnings against $27,000 in debt, your salary barely exceeds the median for the whole school, and you carry nearly the same debt load as an engineer earning $26,000 more per year. If business is your plan, price this school carefully.
The bigger risk is finishing at all. Fewer than a third of students graduate, and a third leave after their first year. Debt does not disappear when you drop out, but the degree that justifies it does. That completion risk applies to you regardless of major.
The net price tiers are unusual: families earning under $48,000 pay around $17,300, while families over $75,000 pay closer to $24,700. If your income is low, the discount is real. If you are middle or upper income, you pay near sticker.
This school fits you if you are committed to an engineering degree and confident you will finish. If you are undecided, leaning toward business, or unsure about completing, a cheaper public option protects you from the downside here.
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.