At $40,468/yr net price, Stevens Institute of Technology graduates earn $108,772/yr within 10 years of enrollment, which is $74,772/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $40,468 |
| Estimated 4-Year Cost | $161,872 |
| Median Earnings (10yr post-entry) | $108,772/yr |
| Earnings Premium vs. HS Diploma | +$74,772/yr |
| Estimated Break-Even | 2.2 years |
| Graduation Rate (6-year) | 89.9% |
| Median Debt at Graduation | $27,000 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $26,555/yr |
| $30,001 - $48,000 | $26,938/yr |
| $48,001 - $75,000 | $34,145/yr |
| $75,001 - $110,000 | $38,749/yr |
| $110,001+ | $47,748/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Business Administration, Management and Operations. | Master | $125,611 | $40,246 |
| Systems Engineering. | Master | $95,295 | |
| Computer Science. | Master | $94,408 | $26,806 |
| Computer Science. | Bachelor | $83,177 | $27,000 |
| Computer Engineering. | Bachelor | $77,213 | $26,930 |
| Electrical, Electronics and Communications Engineering. | Bachelor | $77,213 | $26,000 |
| Engineering-Related Fields. | Bachelor | $74,953 | $26,975 |
| Civil Engineering. | Bachelor | $74,702 | $27,000 |
| Business Administration, Management and Operations. | Bachelor | $73,635 | $27,000 |
| Mechanical Engineering. | Master | $72,689 | $20,500 |
The Risk Factor
89.9% of students at Stevens Institute of Technology graduate within 6 years. Most students who start here finish their degree.
Analysis
Stevens Institute of Technology delivers strong ROI despite its high sticker price, with graduates earning a median $108,772 annually within 10 years. The school's location in Hoboken provides direct access to New York City's financial and tech sectors, which explains why business administration majors command the highest salaries at $125,611.
Engineering programs show mixed results at Stevens. Systems engineering and computer science graduates earn solid returns in the $83,000-$95,000 range with manageable debt loads around $27,000. However, electrical engineering graduates earn just $77,213, which may not justify the investment given similar programs elsewhere often pay more.
Stevens works best for students targeting finance, consulting, or tech roles in the New York metro area. The school's industry connections and proximity to Wall Street create clear pathways to high-paying positions. You should avoid Stevens if you're interested in fields outside business, engineering, or computer science, as the school offers limited programs in other areas.
The financial aid picture creates barriers for many students. Only 20% of students receive need-based aid, suggesting Stevens primarily serves affluent families who can afford the $40,468 annual net price. Merit scholarships exist but compete with similar programs at peer institutions.
Stevens makes financial sense if you can afford the upfront cost and plan to work in the Northeast after graduation. The combination of strong alumni networks, regional employer relationships, and solid graduation rates creates good odds of career success. However, you should consider more affordable engineering programs if cost is a primary concern or if you plan to work outside the region.
Frequently Asked Questions
Is Stevens Institute of Technology worth the high tuition cost?
Stevens graduates earn a median of $108,772 ten years after graduation, which is well above average for engineering schools. The $40,468 annual net price is steep, but strong job placement in high-paying tech and finance roles in the NYC area typically justifies the investment.
Which Stevens Institute of Technology programs offer the best return on investment?
Business Administration leads with median earnings of $125,611, followed by Systems Engineering at $95,295 and Computer Science at $94,408. Engineering programs generally outperform the school average, while some computer science tracks show lower returns around $83,000.
How much student debt do Stevens Institute of Technology graduates typically have?
The median debt is $27,000, which is manageable given the strong earning potential. With graduates earning over $100,000 within a decade, most can handle this debt load without major financial strain.
Does Stevens Institute of Technology provide good financial aid to reduce costs?
The net price of $40,468 represents significant aid from the full sticker price, but Stevens still ranks as expensive compared to state schools. Merit aid is available but competitive, and need-based aid varies widely by family income.