Illinois Institute of Technology
Chicago, Illinois
Illinois Institute of Technology is a private institution in Chicago, Illinois with 2,812 undergraduate students. For nursing students, the useful read is not just whether a program exists, but how its tuition, completion rates, debt, and earnings compare with nearby options.
In-state tuition is $51,763 compared with a Illinois nursing-school average of $17,333. The school reports a graduation rate of 72.4%, median earnings of $82,592, and median federal debt of $25,000.
$51,763 is higher than the state average of $17,333.
72.4% is higher than the state average of 51.1%.
$82,592 is higher than the state average of $46,394.
About Illinois Institute of Technology
| Location | Chicago, Illinois |
| Institution Type | Private Nonprofit |
| Highest Degree | graduate |
| Website | www.iit.edu |
| In-State Tuition | $51,763 |
| Out-of-State Tuition | $51,763 |
| Total Enrollment | 2,812 |
| Acceptance Rate | 55.4% |
| Graduation Rate | 72.4% |
| Retention Rate | 86.9% |
| Median Earnings (10 yrs after) | $82,592 |
| Median Debt at Graduation | $25,000 |
| Est. Monthly Loan Payment | $265 |
| Pell Grant Recipients | 29.1% |
| Students Receiving Loans | 32.6% |
| Loan Default Rate | 0.0% |
| Nursing Program | Available |
Cost and Return Snapshot
Based on published tuition, median debt, and earnings data
A typical graduate debt load would equal about 0.3 years of post-payment earnings capacity using the reported median earnings and 10-year monthly payment estimate.
Affordability Context
29.1% of students receive Pell Grants, a useful signal for how often the school serves lower-income students. 32.6% of students take federal loans, so borrowing is less common than at many institutions in the student body. The three-year loan default rate is 0.0%, which helps frame repayment risk alongside earnings and debt.
Cost and Outcomes Context
The value picture at Illinois Institute of Technology depends on the relationship between price, borrowing, and outcomes. A simple four-year tuition estimate is $207,052, while the reported median debt is $25,000 with an estimated monthly payment of $265. These figures should be compared with aid offers and program-specific requirements before making a final decision.
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Student Demographics
The student body is largest among White students (34.1%), followed by Hispanic students (25.0%) and Asian students (16.5%).
Value Score
Median earnings ($82,592) divided by median debt ($25,000)