Mechanical Engineering at New Jersey Institute of Technology
NJ · Public · 99% graduation rate
B
ROI Score
78/100
Median Debt
$22,624
Year 1 Earnings
$92,000
Year 5 Earnings
$128,800
Debt-to-Earnings
0.25x
Debt vs Earnings
ROI Score Breakdown
Debt-to-Income Ratio80/100 (35%)
Earnings Premium vs HS100/100 (25%)
Job Market Outlook50/100 (20%)
Graduation Rate99/100 (10%)
Debt vs National Avg46/100 (10%)
Is Mechanical Engineering at New Jersey Institute of Technology Worth It?
Verdict: BUY. Mechanical Engineering at New Jersey Institute of Technology offers solid returns on your investment. At $22,624 in debt and $92,000 in first-year earnings, the numbers work out. The debt-to-earnings ratio of 0.25x is manageable, and with year-five earnings reaching $128,800, you should be on solid financial footing after graduation.