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Illinois Institute of Technology

#1 Best Engineering Colleges in Illinois
Private nonprofit Chicago, IL · Urban · Great Lakes · 100% data
A Earnings A Social Mobility A Diversity
Graduation Rate
74% B
Solid completion rate — most students graduate
Earnings (10yr)
$82,592 A
Top 3% nationally — exceptional earning power
Net Price
$18,425 C-
Close to the national average
Acceptance Rate
55% B+
Selective, but achievable with strong credentials
Earnings +103% vs avg
Graduation +30% vs avg
Net Price 8% vs avg
Mobility Top 5%

Bottom line: A B+ overall grade — strong outcomes across the board. 27.0× return on investment — every $1 spent returns $27.0 over 20 years. Ranked #1 in Best Engineering Colleges in Illinois.

27.0× return on investment

Every $1 spent returns $27.0 over 20 years — debt pays back in ~under a year. Net gain: $1,913,173.

What The Data Says

  1. A B+ overall — outcomes above the typical U.S. college.

  2. Graduates earn 103% more than the national college median.

  3. A 74% graduation rate — 30% above the national average.

  4. Inventor rate in the top 8% nationally — patents, startups, and new technology flow from its graduates.

  5. Social mobility rate of 3.63% — an engine of upward economic mobility.

Economic Footprint

Inventor Rate
3.6%
Top 8%
Patents
158
Linked to graduates
World Rank
#301-350
Times Higher Education
Patent Citations
85
Downstream influence
Research Score
17/100
Times Higher Education

Why Illinois Institute of Technology Matters

Illinois Institute of Technology is a private research university in Chicago, IL ranked #301-350 in the world by Times Higher Education, and its outcomes are not an accident. They are driven by a strong research base, an unusually high rate of inventors and patents, a well-connected, high-opportunity alumni network, and a strong record of moving students up the income ladder. The result: graduates whose earnings land in the top 3% of all U.S. colleges.

Interpretation generated from this school's federal outcomes, research, and mobility data.

Institutional Profile

Institution Type
Private Research University
Carnegie Class
R2 · High Research
Enrollment
2,833
Setting
Urban
Primary Strengths
Engineering, Computer Science & IT, Physical Sciences, Biology & Biomedical

Why students choose Illinois Institute of Technology

Elite STEM ecosystem
Engineering, computing, and the sciences dominate its programs
Research-intensive environment
Active labs and research-active faculty
Startup & founder culture
Inventors produced at the top 8% rate nationally
Influential alumni network
High cross-class social capital and reach
Exceptional earning outcomes
Graduate earnings in the top 3% of colleges
Engine of upward mobility
A strong record of moving students up the income ladder

CollegeRanker Report Card

Graded on outcomes, against every U.S. college.

B+
Top 18% overall
A
Earnings
$82,592 median
B
Value
4.5× net price
C-
Affordability
$18,425/yr net
B
Graduation
74% graduate
A
Social Mobility
3.6% climb Q1→Q5
B+
Selectivity
55% admit rate
A
Diversity
0.78 index

Each grade is this school's national percentile on a real outcome — earnings, value, mobility, and more.

How we grade →

Overview

Illinois Institute of Technology has a strong 10-year earnings average of $82,592 for its graduates. This figure signifies the financial return students can expect after completing their degrees. With a focus on engineering, computer science, and IT, the school equips students with skills that are in high demand.

The Chetty/Opportunity Insights data on mobility is not available, but the graduation rate stands at 74%. This suggests that most students successfully complete their programs. While the Pell Grant rate is 30%, indicating a significant portion of students come from low-income backgrounds, the absence of detailed mobility metrics limits insight into long-term outcomes for these groups.

The net price for attending Illinois Tech is $18,425, with a median debt of $25,000. Graduates typically earn a substantial salary, which can make this debt manageable. Students who thrive here are often those pursuing technical fields and are prepared for the rigorous academic environment that comes with them.

Rankings

Can I Get In?

How selective Illinois Institute of Technology is — and how your numbers stack up.

Tool

Will I Be Accepted?

Enter your credentials to see your chances at this school.

3.0
Test Score
1050
21

Academics & Admissions

Is It Hard to Get Into Illinois Institute of Technology? Acceptance Rate & Requirements

As a private institution in Chicago, Illinois, Illinois Institute of Technology offers a realistic path to admission, with roughly 55% of applicants receiving an offer. Admitted students typically arrive with an average SAT score near 1,311. The graduation rate is roughly 74%.

Acceptance Rate
55%
Retention Rate
86%
SAT Average
1311
ACT Midpoint
29
SAT Range
1180–1440
ACT Range
26–32
Full-Time Faculty
60%
Faculty Salary (mo)
$12,710
Student–Faculty Ratio
13:1
Diversity Index
0.78
First-Gen Students
32%
Applicants
7,243
Admitted
4,450

Can I Afford It?

What you'll actually pay after grants and aid — not the sticker price.

Cost & Financial Aid

How Much Does It Cost to Attend Illinois Institute of Technology? Tuition, Net Price & Aid

Published tuition at Illinois Institute of Technology is $52,386, but few families pay that. The number to watch is net price, what students actually pay each year after federal grants and institutional scholarships. Here it averages about $18,425. Students from families earning under $30,000 typically pay closer to $12,964 after need-based grants. The median graduate leaves with about $25,000 in federal student loans.

In-State Tuition
$52,386
Out-of-State
$52,386
Avg Net Price
$18,425
Median Debt
$25,000
Pell Grant Rate
30%
Federal Loan Rate
29%

What Families Actually Pay

Family Income $0–$30K
$12,964
Family Income $30K–$48K
$13,415
Family Income $48K–$75K
$17,217
Family Income $110K+
$29,950

What Happens After?

Earnings, debt, and where graduates actually land.

Students Like You

Tell us a little about yourself to see what students like you have typically experienced at Illinois Institute of Technology — the net price for your income, your admission odds, and the outcomes that follow. These are patterns from federal data, not predictions.

Compare schools in the full simulator →Sources: College Scorecard, Common Data Set, Opportunity Insights · today's dollars (CPI-adjusted) · descriptive, not predictive

Graduate Outcomes

Is Illinois Institute of Technology Worth It? Graduate Earnings & ROI

Ten years out, alumni of Illinois Institute of Technology earn a median of $82,592, well above the national average for bachelor's degree holders.

6 Years After Entry
$70,803
8 Years
$77,282
10 Years
$82,592
Debt-to-Earnings
0.3x
Earning > $25K
85%

Earnings Trajectory

$70,803 6yr $77,282 8yr $82,592 10yr

Graduation by Timeframe

100% (164)
38%
100% (164)
38%
100% (164)
38%
100% (164)
38%

How Illinois Compares

Dot right of center = above national average.

NATIONAL AVGGraduation74%Earnings 10yr$83KNet Price$18KRetention86%Median Debt$25KPell Grant Rate30%

Net Price by Family Income

What families actually pay after aid, by income bracket.

$13K$0-30K$13K$30-48K$17K$48-75K$30K$110K+

The Mobility Equation

Mobility = Access x Success. How many low-income students get in, and how many reach the top 20%?

ACCESS% from bottom 20%6.0%SUCCESS% who reach top 20%60.6%MOBILITY3.63%

College ROI Calculator

Is Illinois Institute of Technology Worth It?

A data-driven look at the return on your educational investment — using real federal data.

Yes — for most students, Illinois Institute of Technology delivers a positive return. Over four years, the typical net price is $18,425/year ($73,700 total). Graduates earn $82,592 at ten years, and over a 20-year career we project $1,986,873 in total earnings — a net gain of $1,913,173 (27.0× your investment). The median debt is $25,000, which takes less than a year to pay back at typical earnings. With a 74% graduation rate, the path to that return is well-tested. This is a exceptional ROI compared to national averages.

Total Cost (4yr)
$73,700
Projected 20yr Earnings
$1,986,873
Net Return
$1,913,173
ROI Multiple
27.0×
Cost Per Year
$18,425
Median Debt
$25,000
Debt Payback
Less than 1 yr
Graduation Rate
74%

Does It Change Lives?

Mobility, social capital, and innovation — does it move people up?

Social Mobility

Data: Raj Chetty's Mobility Report Card · 30M+ anonymized tax records

Does Illinois Institute of Technology Drive Upward Mobility? Economic Mobility & Low-Income Outcomes

Illinois Institute of Technology is a genuine engine of upward mobility. Its mobility rate, the share of students who start in the bottom income quintile and climb to the top, is 3.63%, among the highest in the country. About 6% of students come from families in the bottom income quintile. Among bottom-quintile students who attend, roughly 60.6% go on to reach the top of the income ladder. The median family income of students sits near $91,600, a snapshot of the campus's socioeconomic mix.

Mobility Rate
3.63%
Bottom 20% → Top 20%
Success Rate
60.6%
If bottom 20% get in
From Bottom 20%
6.0%
Share of students
Parent Median Income
$124,452
today's $ (2015 cohort data)

Social Capital

Data: Opportunity Insights Social Capital Atlas

How Connected Is Illinois Institute of Technology? Social Capital & Cross-Class Networks

Social capital, the web of cross-class friendships that researchers link to long-run upward mobility, runs high at Illinois Institute of Technology. Its economic connectedness score is 1.63, where about 1.0 is the national norm. Its friending bias is low (0.00), a sign that students from different economic backgrounds actually mix rather than self-segregate. Around 7% of students take part in civic and volunteering activity.

Economic Connectedness
1.63
Cross-class friendships
Friending Bias
0.00
Lower = more inclusive
Volunteering Rate
6.7%
Support Ratio
1.00
Community support

Research Note

267%
Low-income students at colleges in the top quartile of economic connectedness are 267% more likely to reach the top income quintile than peers at the least-connected schools.
Data from CollegeRanker’s review of 5,745 U.S. colleges (n=1,503). Quartile comparison of mean bottom-quintile success rate, split by economic connectedness (Opportunity Insights Social Capital Atlas × Mobility Report Card).

Innovation & Knowledge Creation

Patents, inventors, and research influence · Opportunity Insights & Times Higher Education

Illinois Institute of Technology produces inventors at an exceptional rate — the top 8% of U.S. colleges, with 158 patents tied to its graduates, and ranks among research universities with a 17/100 research score.

Inventor Rate
3.60%
Top 8% nationally
Patents Produced
158
Linked to graduates
Patent Citations
85
Downstream influence
Research Score
17/100
Times Higher Ed
Academic Influence
50/100
Citation impact (THE)
Inventors From Low-Income
2.15%
Bottom-20% families

Institutional Finances

Data: NCES IPEDS

Investment Income
$-20,267,000

Top Programs

The fields Illinois Institute of Technology awards the most degrees in, by share of completions. Where federal field-of-study data exists, we show what graduates in that major earned early in their careers. Each links to its degree guide — or see what someone with your income, scores, and major would pay and earn here in the Students Like You simulator.

Early-career median earnings by major (typically 1–2 years after completion, bachelor's level where available), in today's dollars (CPI-adjusted). Source: U.S. Dept. of Education College Scorecard field of study. Distinct from the school-wide 10-year median; suppressed for small programs.

Frequently Asked Questions

Is It Hard to Get Into Illinois Institute of Technology? Acceptance Rate & Requirements

As a private institution in Chicago, Illinois, Illinois Institute of Technology offers a realistic path to admission, with roughly 55% of applicants receiving an offer. Admitted students typically arrive with an average SAT score near 1,311. The graduation rate is roughly 74%.

How Much Does It Cost to Attend Illinois Institute of Technology? Tuition, Net Price & Aid

Published tuition at Illinois Institute of Technology is $52,386, but few families pay that. The number to watch is net price, what students actually pay each year after federal grants and institutional scholarships. Here it averages about $18,425. Students from families earning under $30,000 typically pay closer to $12,964 after need-based grants. The median graduate leaves with about $25,000 in federal student loans.

Is Illinois Institute of Technology Worth It? Graduate Earnings & ROI

Ten years out, alumni of Illinois Institute of Technology earn a median of $82,592, well above the national average for bachelor's degree holders.

Does Illinois Institute of Technology Drive Upward Mobility? Economic Mobility & Low-Income Outcomes

Illinois Institute of Technology is a genuine engine of upward mobility. Its mobility rate, the share of students who start in the bottom income quintile and climb to the top, is 3.63%, among the highest in the country. About 6% of students come from families in the bottom income quintile. Among bottom-quintile students who attend, roughly 60.6% go on to reach the top of the income ladder. The median family income of students sits near $91,600, a snapshot of the campus's socioeconomic mix.

How Connected Is Illinois Institute of Technology? Social Capital & Cross-Class Networks

Social capital, the web of cross-class friendships that researchers link to long-run upward mobility, runs high at Illinois Institute of Technology. Its economic connectedness score is 1.63, where about 1.0 is the national norm. Its friending bias is low (0.00), a sign that students from different economic backgrounds actually mix rather than self-segregate. Around 7% of students take part in civic and volunteering activity.

How Research-Intensive Is Illinois Institute of Technology? World Rank, Teaching & Citations

Times Higher Education places Illinois Institute of Technology at #301-350 worldwide. Its profile spans a research score of 17/100, teaching at 40/100, and citation impact of 50/100, reflecting both the volume of research output and how often that work is cited by scholars elsewhere.

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The State of American Higher Education Outcomes for 2026 — report cover Download PDF

The 2026 Annual Report

The State of American Higher Education Outcomes

Every state graded on what graduates earn, how far they climb, and what college really costs — the hidden geography of economic mobility, in one report.

Free · 21 pages · 5,745 institutions · 100% federal data, no surveys