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 gives you a solid financial return, with debt kept low relative to what a private four-year usually costs. The median debt sits well below the earnings you can expect ten years out, and that gap is the core of the case for this school.
Nursing is the clear winner here. It pays more than $91,000 and clears its higher debt load fast, which makes the extra $8,000 in borrowing worth it. Mechanical engineering also pays off cleanly, landing above the school-wide median with moderate debt. Electrical engineering trails mechanical by roughly $8,000 in earnings for the same debt, so the payoff is slower. Computer science and architecture are where the math gets uncomfortable: architecture graduates earn under $49,000, and CS lands near $51,000, both below what you'd hope for in the New York metro job market where cost of living is high. If you pick one of those two majors, your return looks weak.
The main risk is the 56% graduation rate. Nearly half of students don't finish in the standard window, and if you borrow but don't graduate, you carry debt without the degree that pays it back. The 79% retention rate says most first-years come back, so the drop-off happens later.
The net price tiers reward lower-income families here. If your family earns under $30,000, you pay about $16,500, and that stays flat up to $48,000. Above $110,000, you pay closer to $28,500. That's a real spread, so the deal is strongest if your income is under $48,000.
This school fits you if you're heading into nursing or mechanical engineering. If you're set on architecture or general computer science, compare the price against cheaper public options before committing.
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.