# Stevens Institute of Technology: Electrical Engineering (bachelor's)

Hoboken, NJ. IPEDS 186867, CIP 14.10. Page: https://educationguide.com/colleges/stevens-institute-of-technology/majors/electrical-engineering

## Graduate outcomes
- Median earnings 1 year after graduating: $90,136
- Median earnings 4 years after graduating: $112,047 (U.S. median for this major: $98,697 across 257 colleges)
- Median federal loan debt: $26,490 (U.S. median $25,000)
- Rank in NJ: 1 of 5 colleges by 4-year earnings
- Versus the NJ median for this major (5 colleges, $104,215): +$7,832
- Versus the U.S. median: +$13,350

## Cost to finish and years to pay back (EducationGuide calculation)
School-wide net price x 4.26 years (average time graduates took). Earnings gain = $112,047 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 | $27,221 | $115,961 | 1.5 years |
| 30-48k | $27,603 | $117,589 | 1.6 years |
| 48-75k | $33,102 | $141,015 | 1.9 years |
| 75-110k | $38,095 | $162,285 | 2.2 years |
| 110k+ | $49,538 | $211,032 | 2.8 years |

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

## Electrical Engineering at NJ colleges
| College | Earnings 4 yrs | Median debt | Avg. net price | Graduation |
|---|---|---|---|---|
| Stevens Institute of Technology | $112,047 | $26,490 | $41,346 | 87% |
| Rutgers University-New Brunswick | $108,296 | $23,679 | $24,406 | 84% |
| Rowan University | $104,215 | $23,250 | $22,408 | 67% |
| New Jersey Institute of Technology | $97,718 | $25,325 | $16,504 | 73% |
| Fairleigh Dickinson University-Metropolitan Campus | $83,798 | not reported | $15,404 | 53% |

## Careers
- Electrical engineer (SOC 17-2071): median wage $128,340 New York-Newark-Jersey City, NY-NJ, $125,370 NJ, $120,630 U.S.; U.S. jobs 9.9% 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
- Computer Hardware Engineers (SOC 17-2061): median wage $160,300 New York-Newark-Jersey City, NY-NJ, $142,880 NJ, $161,740 U.S.; U.S. jobs 9.1% 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).