Master's · Newark, New Jersey

Is Engineering-Related Fields at New Jersey Institute of Technology worth it?

Medium confidence Medium confidence: 40–99 graduates behind the earnings figures.

The verdict · all families, in-state, half paid with loans

Pays back fast: graduates typically recover the cost in about 1.2 years.

Earnings 1 year after graduating: $114,472; Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Earnings 4 years after graduating: $128,535; Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Typical federal debt at graduation: $30,750; NSLDS pooled AY2022-23, AY2023-24 cohort
Typical borrowing (no graduate net price is published): $33k (likely $33k – $33k); AcadYr 2024-25, reported in IPEDS DCY2025-26
Earnings bump, year 4: $60k a year vs bachelor's graduates 4 years out in NJ; 2023 ACS 5-year pooled, adjusted to 2024 dollars
Payback: 1.2 years (likely 0.9–1.6); Bump vs net cost plus loan interest
10-year net return: $399k (likely $251k – $573k); Today's dollars
20-year net return: $1.13M (likely $793k – $1.53M); Today's dollars

Scorecard reports no net price for graduate programs; cost is based on what graduates typically borrowed.