Illinois Institute of Technology Electrical Engineering: earnings, debt & careers

Electrical Engineering graduates of Illinois Institute of Technology earn a median $98,743 four years after graduating ($69,966 after one year), with median federal loan debt of $25,500. That is $46 above the U.S. median for Electrical Engineering graduates ($98,697 across 257 colleges), and ranks 4th of 7 Illinois colleges.

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Earnings, 4 years after graduating
$98,743

U.S. median for this major: $98,697.

College Scorecard field of study; 35 graduates with earnings reported. A small group, so treat this figure with caution

Earnings, 1 year after
$69,966

Median for graduates who received federal aid.

College Scorecard field of study

Median debt at graduation
$25,500

About 26% of median earnings 4 years out. U.S. median $25,000.

College Scorecard field of study (federal loans)

What your family pays
$18,425 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $68,164. College Scorecard.

Illinois Institute of Technology Electrical Engineering: pay against the field, and payback

Same major, other colleges

Illinois Institute of Technology graduates$98,743
Illinois median (7 colleges)$98,743 (+$0)
U.S. median (257 colleges)$98,697 (+$46)

Median earnings 4 years after graduating; state and U.S. figures are the median of each covered college's graduates in this major. College Scorecard; calculated by EducationGuide.

Electrical Engineering nationally: jobs, pay at ages 25-34, every state →

Cost to finish and years to pay back, by income

Uses Illinois Institute of Technology's school-wide net price (no college reports it by major) and this major's graduate earnings.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$12,964$59,505under 1 year
$30–48k$13,415$61,5751.0 years
$48–75k$17,217$79,0261.3 years
$75–110k$21,858$100,3281.6 years
$110k+$29,950$137,4712.2 years

Cost to finish = yearly price × 4.6 years, the average time graduates took (35% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of Electrical Engineering graduates 4 years after graduating ($98,743) minus $35,797 for high school graduates ages 25-34 in IL (Census ACS 2020-2024), a gain of $62,946 a year. Before taxes, loan interest and earnings given up while in school. Method

College Scorecard; IPEDS Graduation Rates; U.S. Census Bureau ACS. Calculated by EducationGuide.

Electrical Engineering at Illinois colleges

Every Illinois college we cover that reports Electrical Engineering graduate earnings, highest first. Net price is the school-wide average after grants.

RankCollegeEarnings, 4 yrsMedian debtAvg. net priceGraduation
1University of Illinois Urbana-Champaign$111,783$21,600$14,35585%
2Bradley University$100,391$27,000$22,71976%
3Southern Illinois University Edwardsville$99,325$25,113$14,88957%
4Illinois Institute of Technology$98,743$25,500$18,42575%
5Northern Illinois University$93,962$25,000$13,39149%
6University of Illinois Chicago$92,002$23,500$10,97462%
7Southern Illinois University-Carbondale$83,853$19,750$13,29762%

6 more Illinois colleges offer Electrical Engineering but have too few graduates to report earnings.

Careers for Electrical Engineering graduates

Electrical engineer

Chicago area$113,520
Illinois$107,860
U.S.$120,630

Median annual wage, all workers. U.S. jobs +9.9% by 2035. Typical entry: bachelor's degree.

Architectural and Engineering Managers

Chicago area$163,430
Illinois$163,610
U.S.$171,270

Median annual wage, all workers. U.S. jobs +5.5% by 2035. Typical entry: bachelor's degree.

Computer Hardware Engineers

Chicago area$133,860
Illinois$133,220
U.S.$161,740

Median annual wage, all workers. U.S. jobs +9.1% by 2035. Typical entry: bachelor's degree.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35. Careers from the federal major-to-occupation crosswalk.

What families pay at Illinois Institute of Technology, by income

School-wide average after grants for students receiving federal aid. Tap your band.

College Scorecard

About Illinois Institute of Technology

Related majors at Illinois Institute of Technology

Illinois Institute of Technology Electrical Engineering questions

How much do Illinois Institute of Technology Electrical Engineering graduates earn?

Electrical Engineering graduates of Illinois Institute of Technology earn a median $98,743 four years after graduating and $69,966 one year after. The U.S. median for Electrical Engineering graduates across 257 colleges is $98,697.

How much debt do Illinois Institute of Technology Electrical Engineering graduates have?

The median federal loan debt for Electrical Engineering graduates of Illinois Institute of Technology is $25,500, about 26% of their median earnings four years out. Nationally the median is $25,000.

Is Illinois Institute of Technology a good school for Electrical Engineering in Illinois?

On pay, Electrical Engineering graduates of Illinois Institute of Technology earn $98,743 four years out, $0 above the median for the same major across 7 Illinois colleges ($98,743) and $46 above the U.S. median ($98,697). Medians of each college's graduates; EducationGuide calculation from College Scorecard.

Where does Illinois Institute of Technology rank for Electrical Engineering in Illinois?

Of 7 Illinois colleges reporting Electrical Engineering graduate earnings, Illinois Institute of Technology ranks 4th. The highest is University of Illinois Urbana-Champaign at $111,783.

What jobs do Electrical Engineering graduates get?

A common career is electrical engineer, with a median wage of $113,520 in the Chicago-Naperville-Elgin, IL-IN area and $120,630 nationally. Others include architectural and engineering managers and computer hardware engineers.

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Sources: U.S. Department of Education College Scorecard (field of study: median earnings and federal loan debt of graduates who received federal aid); BLS. How we score
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Cite this: “Illinois Institute of Technology Electrical Engineering: earnings, debt and careers,” EducationGuide.com, https://educationguide.com/colleges/illinois-institute-of-technology/majors/electrical-engineering (College Scorecard and BLS data).