At $20,709/yr net price, New York Institute of Technology graduates earn $70,080/yr within 10 years of enrollment, which is $36,080/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $20,709 |
| Estimated 4-Year Cost | $82,836 |
| Median Earnings (10yr post-entry) | $70,080/yr |
| Earnings Premium vs. HS Diploma | +$36,080/yr |
| Estimated Break-Even | 2.3 years |
| Graduation Rate (6-year) | 56.0% |
| Median Debt at Graduation | $23,334 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $16,548/yr |
| $30,001 - $48,000 | $17,565/yr |
| $48,001 - $75,000 | $21,862/yr |
| $75,001 - $110,000 | $26,269/yr |
| $110,001+ | $28,544/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Allied Health Diagnostic, Intervention, and Treatment Professions. | Master | $103,746 | $163,134 |
| Business Administration, Management and Operations. | Master | $96,539 | $41,510 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $91,744 | $31,500 |
| Education, Other. | Master | $72,134 | $18,000 |
| Rehabilitation and Therapeutic Professions. | Master | $71,015 | $118,901 |
| Mechanical Engineering. | Bachelor | $70,456 | $26,000 |
| Energy Systems Technologies/Technicians. | Master | $67,660 | |
| Medicine. | Doctoral | $62,078 | $271,124 |
| Electrical, Electronics and Communications Engineering. | Bachelor | $62,012 | $26,000 |
| Student Counseling and Personnel Services. | Master | $56,415 | $58,860 |
The Risk Factor
56.0% of students at New York 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 York Institute of Technology delivers mixed financial returns, with strong outcomes for healthcare and business majors but concerning debt loads in several programs. Your choice of major determines whether this investment pays off.
Business Administration stands out as the clear winner financially, producing graduates earning $96,539 annually with manageable debt of $41,510. Nursing also offers solid returns at $91,744 with reasonable debt of $31,500. These programs position you well in the competitive New York metropolitan job market where healthcare and business professionals command premium salaries.
Allied Health programs present a troubling financial picture despite high earnings of $103,746. The crushing debt load of $163,134 means you'll spend years paying off loans even with strong income. Rehabilitation and Therapeutic Professions create similar problems with $118,901 in debt against $71,015 earnings.
The 56% graduation rate signals academic risk that could leave you with debt and no degree. Nearly half of students don't finish, making this a risky choice if you're uncertain about your academic readiness or program commitment.
NYIT works best for students committed to business or nursing who can leverage the school's Long Island location for internships and job placement in New York's strong healthcare and financial sectors. The relatively low net price of $20,709 makes it accessible, though only 44% of students receive financial aid.
Avoid NYIT if you're considering Allied Health or Rehabilitation programs where debt loads create long-term financial strain. Students with weak academic records should also look elsewhere given the high dropout risk that could leave you paying for an incomplete education.
Frequently Asked Questions
Is New York Institute of Technology worth the cost?
NYIT's return depends heavily on your major. Allied health and business programs lead to solid earnings above $90k, but the overall 10-year median of $70k is modest for the $20k annual cost.
What are the best paying majors at New York Institute of Technology?
Allied health diagnostic programs top the list at $103k median earnings, followed by business administration at $96k and nursing at $91k. Education and rehabilitation programs pay significantly less at around $72k.
How much student debt do New York Institute of Technology graduates have?
NYIT graduates leave with a median debt of $23,334, which is manageable for high-earning health and business majors but creates financial stress for lower-paying education graduates.
What is the graduation rate at New York Institute of Technology?
Only 56% of students graduate from NYIT, meaning nearly half don't finish their degree. This completion risk adds to the financial uncertainty of attending.