At $36,906/yr net price, New England Institute of Technology graduates earn $48,684/yr within 10 years of enrollment, which is $14,684/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $36,906 |
| Estimated 4-Year Cost | $147,624 |
| Median Earnings (10yr post-entry) | $48,684/yr |
| Earnings Premium vs. HS Diploma | +$14,684/yr |
| Estimated Break-Even | 10.1 years |
| Graduation Rate (6-year) | 57.5% |
| Median Debt at Graduation | $16,668 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $32,517/yr |
| $30,001 - $48,000 | $32,193/yr |
| $48,001 - $75,000 | $34,465/yr |
| $75,001 - $110,000 | $39,536/yr |
| $110,001+ | $44,582/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $83,546 | $27,000 |
| Rehabilitation and Therapeutic Professions. | Master | $74,307 | $47,834 |
| Computer Programming. | Bachelor | $68,219 | $35,500 |
| Electrical Engineering Technologies/Technicians. | Bachelor | $63,430 | $27,667 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Associate | $62,012 | $20,000 |
| Computer/Information Technology Administration and Management. | Bachelor | $55,036 | $27,000 |
| Mechanical Engineering Related Technologies/Technicians. | Bachelor | $54,252 | $29,833 |
| Architectural Engineering Technologies/Technicians. | Bachelor | $53,697 | $36,849 |
| Computer Systems Networking and Telecommunications. | Bachelor | $52,524 | |
| Business Administration, Management and Operations. | Bachelor | $49,136 | $29,161 |
The Risk Factor
57.5% of students at New England Institute of Technology graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.
Analysis
New England Institute of Technology delivers poor financial returns for most students, with a median 10-year earning of $48,684 against a $36,906 annual net price. The 57% graduation rate and alarming 24% retention rate signal that many students struggle to complete their programs.
Nursing stands out as the clear winner, with graduates earning $83,546 annually and reasonable debt loads around $27,000. Rehabilitation and therapeutic professions also pay well at $74,307, though the $47,834 debt burden creates a tougher payback period. Computer programming offers solid returns at $68,219 with moderate debt of $35,500.
The retention crisis should concern you most. Nearly 8 out of 10 students leave after their first year, suggesting serious problems with academic support, program fit, or financial sustainability. This dramatically increases your risk of leaving with debt but no degree.
You should consider NEIT only if you can get into nursing or are certain about completing a healthcare program. The school works best for students who need hands-on technical training and can commit fully to finishing. Avoid NEIT if you're unsure about your major or need strong academic support systems.
The relatively low percentage of students receiving aid (44%) suggests limited financial assistance. With median debt of just $16,668, successful graduates avoid crushing loan burdens, but this depends entirely on finishing your program. The combination of high costs, low retention, and modest overall earnings makes NEIT a risky investment unless you target specific high-paying programs.
Frequently Asked Questions
Is New England Institute of Technology worth the cost?
New England Institute of Technology's value depends heavily on your program choice. Nursing and rehabilitation programs show strong returns with graduates earning $62,000-$83,000, but the overall 10-year median earnings of $48,684 don't justify the $36,906 annual cost for most other programs.
What programs at New England Institute of Technology have the best job prospects?
Nursing programs lead with graduates earning $62,000-$83,000 annually, followed by rehabilitation therapy ($74,307) and computer programming ($68,219). These technical and healthcare programs offer the clearest path to recovering your investment at New England Institute of Technology.
How much debt do New England Institute of Technology graduates have?
The median debt for New England Institute of Technology graduates is $16,668, which is relatively manageable. However, with only a 57.5% graduation rate, many students leave without completing their degree while still carrying debt.
Does New England Institute of Technology provide good financial aid?
With a net price of $36,906 per year, New England Institute of Technology's financial aid leaves most students paying a substantial amount. The low graduation rate suggests many students struggle to afford completion despite aid packages.