New Jersey Institute of Technology: Cost, Graduate Salary, Acceptance Rate and Return on Investment
New Jersey Institute of Technology is a public college in Newark, NJ. Students pay about $16,504 a year in net price, and the median graduate earns $84,276 ten years after enrolling. By our Degree-ROI measure the degree pays back in about 2.3 years and adds $288,744 over a decade, ranking it #44 of 918 (top 6%) by value added.
What is New Jersey Institute of Technology's acceptance rate?
New Jersey Institute of Technology has an acceptance rate of 65.1%, which makes it moderately selective. It is a public institution in Newark, NJ enrolling about 9,019 students, with a 72.9% graduation rate.
How much does New Jersey Institute of Technology cost?
New Jersey Institute of Technology costs about $16,504 per year in average net price, what a typical student actually pays after grants and scholarships. Over four years, including typical borrowing, that totals roughly $87,016. Published sticker cost of attendance is $32,859 per year.
How much do New Jersey Institute of Technology graduates earn?
Ten years after enrolling, the median New Jersey Institute of Technology student earns $84,276 per year. That is $37,576 more than the $46,700 that the typical worker with only a high-school diploma earns.
Is New Jersey Institute of Technology worth it? Degree ROI and payback period
New Jersey Institute of Technology pays back its roughly $87,016 cost in about 2.3 years, then keeps returning the earnings premium. Over the first decade the degree adds about $288,744 net of cost, a 4.32x return on the money invested. That ranks it #44 of 918 (top 6%) by value added. Its top-tier value is driven mainly by strong graduate earnings and public-school pricing.
Top 10% value
New Jersey Institute of Technology graduation rate and student debt
72.9% of New Jersey Institute of Technology students complete their degree, and the median graduate leaves with $21,000 in federal student debt. That debt is about 25% of one year of median graduate earnings.
New Jersey Institute of Technology by the numbers (vs the typical college)
How New Jersey Institute of Technology compares to the median four-year college in our snapshot. Percentile is its rank among the 918 colleges that report both earnings and cost (higher is better).
| Metric | This school | Median college | Percentile |
|---|---|---|---|
| Avg net price / yr | $16,504 | $20,299 | cheaper than 68% |
| Median earnings (10 yrs) | $84,276 | $54,768 | 93th |
| Graduation rate | 72.9% | 57.0% | 81th |
| Acceptance rate | 65.1% | 75.7% | more selective than 69% |
| 10-yr value added | $288,744 | -$28,192 | 95th |
| ROI multiple (per $1) | 4.32x | 0.73x | 96th |
| Payback period | 2.3 yrs | 8.8 yrs | faster than 95% |
How New Jersey Institute of Technology compares with its nearest rivals
New Jersey Institute of Technology ranks #44 of 918 by ten-year value added. The five profiled colleges closest to it in that ranking are compared below on the same federal data: 2 of them cost less per year and 3 of them produce higher median earnings ten years after entry.
New Jersey Institute of Technology is a public college in Newark, NJ with 9,019 undergraduates. Its published cost of attendance is $32,859 a year, but the average aided family pays $16,504, a 50% discount from the sticker price. The median borrower leaves owing $21,000, equal to 25% of one year of median earnings ten years out. Admission is broadly accessible at New Jersey Institute of Technology, which admits 65.1% of applicants, so cost and completion decide its value more than selectivity does.
- Washington University in St Louis (St. Louis, MO; #43 of 918; 94.3% graduate) costs $5,282 more per year ($21,786 net), and its graduates earn $1,906 more ten years out ($86,182). Washington University in St Louis adds $1,432 more ten-year value than New Jersey Institute of Technology. Washington University in St Louis pays back its cost in 2.7 years.
- Jewish Theological Seminary of America (New York, NY; #45 of 918; 88.4% graduate) costs $26,691 more per year ($43,195 net), and its graduates earn $8,475 more ten years out ($92,751). New Jersey Institute of Technology adds $1,014 more ten-year value than Jewish Theological Seminary of America. Jewish Theological Seminary of America pays back its cost in 3.8 years.
- University of California-Los Angeles (Los Angeles, CA; #42 of 918; 92.6% graduate) costs $3,956 less per year ($12,548 net), and its graduates earn $1,765 less ten years out ($82,511). University of California-Los Angeles adds $5,174 more ten-year value than New Jersey Institute of Technology. University of California-Los Angeles pays back its cost in 1.8 years.
- Bowdoin College (Brunswick, ME; #46 of 918; 95.4% graduate) costs $2,106 less per year ($14,398 net), and its graduates earn $1,541 less ten years out ($82,735). New Jersey Institute of Technology adds $4,486 more ten-year value than Bowdoin College. Bowdoin College pays back its cost in 2.1 years.
- Northwestern University (Evanston, IL; #41 of 918; 95.5% graduate) costs $12,663 more per year ($29,167 net), and its graduates earn $5,087 more ten years out ($89,363). Northwestern University adds $6,218 more ten-year value than New Jersey Institute of Technology. Northwestern University pays back its cost in 3.1 years.
| College | Value rank | Net price / yr | Earnings (10 yrs) | Graduation | 10-yr value added |
|---|---|---|---|---|---|
| Northwestern University | #41 | $29,167 | $89,363 | 95.5% | $294,962 |
| University of California-Los Angeles | #42 | $12,548 | $82,511 | 92.6% | $293,918 |
| Washington University in St Louis | #43 | $21,786 | $86,182 | 94.3% | $290,176 |
| New Jersey Institute of Technology | #44 | $16,504 | $84,276 | 72.9% | $288,744 |
| Jewish Theological Seminary of America | #45 | $43,195 | $92,751 | 88.4% | $287,730 |
| Bowdoin College | #46 | $14,398 | $82,735 | 95.4% | $284,258 |
Paying for New Jersey Institute of Technology
Net price is what a family pays after grants, so the aid a student qualifies for moves every figure above. Our sister sites cover that side of the decision: the Pell Grant 2026-2027 guide sets out who qualifies and the maximum award, the education grants guide lists federal, state and institutional grants beyond Pell, and the best AI tools for students compares what is worth paying for once enrolled.
Frequently asked
Is New Jersey Institute of Technology worth the cost compared to other colleges?
By value added net of cost, New Jersey Institute of Technology ranks #44 of 918 (top 6%) of the 918 four-year colleges we rank, and returns about 4.32x the money invested over a decade.
Is New Jersey Institute of Technology expensive compared to other colleges?
Its $16,504 average net price is below the $20,299 median for the colleges in this snapshot, making it cheaper than 68% of them.
Do New Jersey Institute of Technology graduates earn more than average?
Median earnings of $84,276 ten years out are above the $54,768 median, higher than 93% of the colleges here.
How hard is it to get into New Jersey Institute of Technology compared to other colleges?
Its 65.1% acceptance rate is below the 75.7% median, making it more selective than 69% of the colleges in the snapshot.
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Federal data behind this page
What a programme costs, what its graduates earn, and what aid is available are published by federal statistical agencies rather than by any provider's marketing page, and the sources below are the primary ones. They are linked so a reader can check a figure here directly.
- College Scorecard publishes the federal cost, completion and post-enrolment earnings data used to compare programmes.
- National Center for Education Statistics is the federal statistical agency for education and the source most published figures trace back to.
- IPEDS holds the institution-level survey data behind enrolment, price and completion comparisons.
- Federal Student Aid states what aid exists, who qualifies, and what repayment actually obligates a borrower to.
- CFPB paying for college documents how education financing works and where its common traps are.
- US Department of Education sets the policy framework the accreditation and aid systems operate under.
- Department of Education laws and policy carries the rules that decide whether a provider or credential is recognised.
This page compares programmes on published data. Outcomes vary by student, and a reader's own aid package and circumstances decide what a programme actually costs them.