-100%
3-year cohort default rate
3-year cohort default rate at Illinois Institute of Technology fell 100% between 2021 and 2024 (0.8% → 0.0%).
Illinois · Private nonprofit · Predominantly bachelor's
Illinois Tech
Chicago, Illinois. 2,812 undergraduate students. 126 programs in the federal Field-of-Study dataset.
ANOMALY ENGINE · NOTABLE SIGNALS
What the data flags at Illinois Tech
Short-arc shifts (recent 3-year window), peer outliers, earnings trend breaks, completion drops, enrollment cliffs, and debt-to-earnings warnings — surfaced deterministically from the federal record. Multi-decade shifts are reported separately in the Long Arc section, since 25-year tuition drift isn't really an anomaly.
+41%
Private nonprofit bachelor's-predominant peer
10-year earnings at Illinois Institute of Technology are 41% above the private nonprofit bachelor's-predominant peer median ($82.6k vs $58.7k).
SECTION 01 · OUTCOMES SNAPSHOT
The numbers, vs. Illinois
Each tile compares this institution to the Illinois median for the same metric. Sub-line shows the comparison value, not an interpretation. Sparklines trace the federally available history.
$82,592+17% · 6→10y
Illinois median $40,810$70,803
Treasury earnings · 6y post-entry72.4%+64% · '97→'24
Illinois median 53.3%$20,687+121% · '97→'20
At program completion2,812+64% · '96→'24
latest IPEDS86.9%+9% · '04→'24
first-time, full-time55.4%-11% · '01→'24
latest cohort$51,763+191% · '00→'24
out-of-state $51,763SECTION 02 · EARNINGS HORIZONS
How earnings spread, 4 to 10 years after entry
Treasury tax-record earnings for federally aided students who first enrolled at this institution. Each point is a horizon from the most-recent vintage. Single median per horizon (no p25/p75 publishing).
Earnings widen with time post-entry. Selection: federal-aid recipients only — not all graduates.Methodology →
SECTION 03 · DEBT-TO-EARNINGS
What loans cost relative to earnings
Annual debt service as a share of median earnings 10 years after entry, computed under federal Direct loan terms (10-year fixed at 6%). The 8% line is the gainful-employment threshold from federal regulation; above 12% has historically been considered “failing” under prior rule cycles.
Institution-wide
3.3%Median federal debt $20,687 amortized over 10 years vs. median earnings $82,592 (10y after entry).
SECTION 04 · LONG ARC
Ten-plus year arc
Federally available history. Coverage varies by metric — IPEDS publishes some series only after 2009 and others only before.
Undergraduate enrollment.
150%-time completion rate.
Median federal student debt at exit.
+64%
Illinois Tech · completion · 150% rose
45.8% → 75.2%
+109%
Illinois Tech · completion · 100% rose
16.3% → 34.1%
+64%
Illinois Tech · undergrad enrollment rose
1,730 → 2,833
+191%
Illinois Tech · in-state tuition rose
$18,000 → $52,386
+191%
Illinois Tech · out-of-state tuition rose
$18,000 → $52,386
+121%
Illinois Tech · median debt rose
$11,325 → $25,000
-100%
Illinois Tech · cohort default rate fell
4.6% → 0.0%
+49%
Illinois Tech · pell share rose
20.2% → 30.0%
+28%
Illinois Tech · earnings_median_6yr rose
$55,100 → $70,803
SECTION 05 · PROGRAMS
Ranked by 5-year earnings
Each row is one (CIP × credential) program reported by the institution in College Scorecard's Field-of-Study data. Cohort floor is 30 students; below this, federal data is suppressed.
Design and Applied Arts.$161,878Computer Science.$124,701Computer Science.$113,931Law.$109,015Computer Engineering.$103,105Electrical, Electronics and Communications Engineering.$102,309Computer and Information Sciences, General.$101,049Computer and Information Sciences, General.$100,846Mechanical Engineering.$97,954Chemical Engineering.$94,955Architectural Engineering.$91,045Mechanical Engineering.$88,837Civil Engineering.$84,660Architecture.$76,107Aerospace, Aeronautical and Astronautical Engineering.$75,993Biomedical/Medical Engineering.$72,853Business Administration, Management and Operations.$69,682Architecture.$69,310
SECTION 06 · BY CIP FAMILY
18 programs with earnings, grouped
Programs are grouped by 2-digit CIP family. Programs without reported earnings are hidden to keep the list focused.
COMPUTER & INFORMATION SCIENCES · CIP 11
ENGINEERING · CIP 14
Mechanical Engineering.$88,837Mechanical Engineering.$97,954Biomedical/Medical Engineering.$72,853Chemical Engineering.$94,955Aerospace, Aeronautical and Astronautical Engineering.$75,993Computer Engineering.$103,105Electrical, Electronics and Communications Engineering.$102,309Civil Engineering.$84,660Architectural Engineering.$91,045
LEGAL PROFESSIONS · CIP 22
VISUAL & PERFORMING ARTS · CIP 50
BUSINESS, MANAGEMENT & MARKETING · CIP 52
ARCHITECTURE · CIP 04
FINANCIAL OUTCOME · ILLUSTRATION
Estimate the financial outcome at Illinois Tech
Pick a program. Cost from Scorecard net price by family income; earnings from Treasury 5-year-post-completion median, projected forward with a Mincer age-earnings curve. The selection-bias toggle applies the Dale-Krueger shrinkage. Outcomes illustration, not a forecast — see methodology.
Shrinks the earnings premium toward the matched-applicant mean. STEM <15%, business ~40%, arts & education ~60%.
NET PRESENT VALUE
$994,832
Over 40 years, discounted 5.0%
BREAKEVEN
Year 10
First year cumulative discounted earnings cross zero
- Cost per year
- $16,566
- HS-only baseline · IL
- $38,300
- Years to complete
- 7
- CIP family
- 22
Outcomes illustration · not a forecast. Projects observed Scorecard earnings forward with a Mincer age-earnings curve under your assumptions. See methodology for the math.
SECTION 07 · SIMILAR INSTITUTIONS
Same sector and degree mix in Illinois
Picked by Carnegie sector × predominant credential level. These are not rankings — just nearest-neighbour surfaces for comparison.
CAUSAL DISCIPLINE
“Illinois Tech graduates earn $X” — not “Illinois Tech makes you earn $X”
Median earnings describe what cohorts earned. They do not describe what attending Illinois Tech caused. Selection effects (who admits, who enrolls, who completes) are real. We publish federal data with strict descriptive phrasing — and link the methodology where you can read about the limitations directly.