# New Jersey Institute of Technology: Mechanical Engineering (bachelor's)

Newark, NJ. IPEDS 185828, CIP 14.19. Page: https://educationguide.com/colleges/new-jersey-institute-of-technology/majors/mechanical-engineering

## Graduate outcomes
- Median earnings 1 year after graduating: $68,675
- Median earnings 4 years after graduating: $89,827 (U.S. median for this major: $91,190 across 316 colleges)
- Median federal loan debt: $23,334 (U.S. median $24,876)
- Rank in NJ: 6 of 6 colleges by 4-year earnings
- Versus the NJ median for this major (6 colleges, $92,806): -$2,979
- Versus the U.S. median: -$1,363

## Cost to finish and years to pay back (EducationGuide calculation)
School-wide net price x 4.39 years (average time graduates took). Earnings gain = $89,827 minus $36,661 for high school graduates ages 25-34 in NJ (Census ACS 2020-2024).

| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| 0-30k | $10,138 | $44,506 | under 1 year |
| 30-48k | $11,165 | $49,014 | under 1 year |
| 48-75k | $15,958 | $70,056 | 1.3 years |
| 75-110k | $23,152 | $101,637 | 1.9 years |
| 110k+ | $27,244 | $119,601 | 2.2 years |

Method: https://educationguide.com/how-we-score#value

## Mechanical Engineering at NJ colleges
| College | Earnings 4 yrs | Median debt | Avg. net price | Graduation |
|---|---|---|---|---|
| Princeton University | $115,927 | not reported | $6,128 | 98% |
| Stevens Institute of Technology | $100,554 | $26,520 | $41,346 | 87% |
| Rutgers University-New Brunswick | $94,561 | $23,250 | $24,406 | 84% |
| The College of New Jersey | $91,052 | $22,875 | $27,646 | 86% |
| Rowan University | $90,084 | $22,500 | $22,408 | 67% |
| New Jersey Institute of Technology | $89,827 | $23,334 | $16,504 | 73% |

## Careers
- Mechanical engineer (SOC 17-2140): median wage $109,990 New York-Newark-Jersey City, NY-NJ, $112,300 NJ, $104,110 U.S.; U.S. jobs 11.2% by 2035
- Cost Estimators (SOC 13-1051): median wage $82,380 New York-Newark-Jersey City, NY-NJ, $80,570 NJ, $78,740 U.S.; U.S. jobs -3.1% by 2035
- Architectural and Engineering Managers (SOC 11-9041): median wage $183,890 New York-Newark-Jersey City, NY-NJ, $180,640 NJ, $171,270 U.S.; U.S. jobs 5.5% by 2035

## Sources and years
- Earnings (4 yr): Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars; debt: NSLDS pooled AY2018-19, AY2019-20 cohort

Free to reuse with attribution: cite "EducationGuide.com" with a link to the page URL. Most figures are U.S. government data (public domain); loan default rates and athletics come from the Urban Institute Education Data Portal (ODC-By 1.0, attribution required) and founding years from Wikidata (CC0).