New Jersey Institute of Technology Electrical Engineering: earnings, debt & careers

Electrical Engineering graduates of New Jersey Institute of Technology earn a median $97,718 four years after graduating ($78,794 after one year), with median federal loan debt of $25,325. That is $979 below the U.S. median for Electrical Engineering graduates ($98,697 across 257 colleges), and ranks 4th of 5 New Jersey colleges.

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Earnings, 4 years after graduating
$97,718

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

College Scorecard field of study; 110 graduates with earnings reported

Earnings, 1 year after
$78,794

Median for graduates who received federal aid.

College Scorecard field of study

Median debt at graduation
$25,325

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

College Scorecard field of study (federal loans)

What your family pays
$16,504 /yr

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

Sticker price $32,859. College Scorecard.

NJIT Electrical Engineering: pay against the field, and payback

Same major, other colleges

NJIT graduates$97,718
New Jersey median (5 colleges)$104,215 (−$6,497)
U.S. median (257 colleges)$98,697 (−$979)

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 NJIT'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$10,138$44,506under 1 year
$30–48k$11,165$49,014under 1 year
$48–75k$15,958$70,0561.1 years
$75–110k$23,152$101,6371.7 years
$110k+$27,244$119,6012.0 years

Cost to finish = yearly price × 4.4 years, the average time graduates took (49% 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 ($97,718) minus $36,661 for high school graduates ages 25-34 in NJ (Census ACS 2020-2024), a gain of $61,057 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 New Jersey colleges

Every New Jersey 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
1Stevens Institute of Technology$112,047$26,490$41,34687%
2Rutgers University-New Brunswick$108,296$23,679$24,40684%
3Rowan University$104,215$23,250$22,40867%
4New Jersey Institute of Technology$97,718$25,325$16,50473%
5Fairleigh Dickinson University-Metropolitan Campus$83,798—$15,40453%

2 more New Jersey colleges offer Electrical Engineering but have too few graduates to report earnings.

Careers for Electrical Engineering graduates

Electrical engineer

New York area$128,340
New Jersey$125,370
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

New York area$183,890
New Jersey$180,640
U.S.$171,270

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

Computer Hardware Engineers

New York area$160,300
New Jersey$142,880
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 NJIT, by income

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

College Scorecard

About NJIT

Related majors at NJIT

NJIT Electrical Engineering questions

How much do NJIT Electrical Engineering graduates earn?

Electrical Engineering graduates of New Jersey Institute of Technology earn a median $97,718 four years after graduating and $78,794 one year after. The U.S. median for Electrical Engineering graduates across 257 colleges is $98,697.

How much debt do NJIT Electrical Engineering graduates have?

The median federal loan debt for Electrical Engineering graduates of New Jersey Institute of Technology is $25,325, about 26% of their median earnings four years out. Nationally the median is $25,000.

Is NJIT a good school for Electrical Engineering in New Jersey?

On pay, Electrical Engineering graduates of New Jersey Institute of Technology earn $97,718 four years out, $6,497 below the median for the same major across 5 New Jersey colleges ($104,215) and $979 below the U.S. median ($98,697). Medians of each college's graduates; EducationGuide calculation from College Scorecard.

Where does NJIT rank for Electrical Engineering in New Jersey?

Of 5 New Jersey colleges reporting Electrical Engineering graduate earnings, New Jersey Institute of Technology ranks 4th. The highest is Stevens Institute of Technology at $112,047.

What jobs do Electrical Engineering graduates get?

A common career is electrical engineer, with a median wage of $128,340 in the New York-Newark-Jersey City, NY-NJ 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: “New Jersey Institute of Technology Electrical Engineering: earnings, debt and careers,” EducationGuide.com, https://educationguide.com/colleges/new-jersey-institute-of-technology/majors/electrical-engineering (College Scorecard and BLS data).