Aerospace Engineering at Illinois Institute of Technology
Chicago, IL · Private nonprofit · Bachelor's Degree · Aerospace, Aeronautical and Astronautical Engineering
DegreeOutlook Score (Base Case)
54
Optimistic
53
Base Case
52
Pessimistic
Earnings
$63,169/yr (-14% vs median)
AI Risk
High (41% exposed)
Job Market
Medium (25,800 openings/yr)
ROI
3.5x earnings multiple
How AI Changes the Outlook
Three scenarios based on how aggressively AI disrupts the career paths available to Aerospace Engineering graduates.
| Optimistic No Disruption |
Base Case Gradual AI |
Pessimistic Aggressive AI |
|
|---|---|---|---|
| 10-Year Earnings | $741K | $728K | $653K |
| Earnings Multiple | 3.6x | 3.5x | 3.2x |
| Probability of Field Employment | 85% | 81% | 61% |
| DegreeOutlook Score | 54 | 53 | 52 |
10-Year Earnings Projection
*Year 1 uses actual reported earnings. Scenarios diverge as AI impact compounds over time.
4-Year Tuition (Sticker)
$207,052
Median Debt at Graduation
$27,000
5.1 months of Year 1 earnings
Reported Earnings (5 Year)
$75,993
20% growth from Year 1
About Illinois Institute of Technology
With a 55% acceptance rate, Illinois Institute of Technology is moderately selective, with a smaller student body of 2,812 in Chicago, IL. The average net cost of $77,412 over four years represents a 63% discount from published tuition.
See all programs and financial aid at Illinois Institute of Technology →Top Career Paths
Architectural and engineering managers
$167,740/yr
Aerospace engineers
$134,830/yr
Engineering teachers, postsecondary
$106,120/yr
Compare & Explore
Aerospace Engineering at Other Schools
Other Majors at Illinois Institute of Technology
Frequently Asked Questions
What is the DegreeOutlook Score for Aerospace Engineering at Illinois Institute of Technology?
This program scores 53/100 — a respectable number in isolation, but it ranks in the bottom half of Aerospace Engineering programs nationally. The field is competitive, and stronger options exist.
Will AI replace Aerospace Engineering careers?
With 41% of typical job tasks exposed to AI, this is one of the higher-risk fields. Our pessimistic scenario projects $652,579 in decade earnings vs $740,640 in the optimistic case — a meaningful gap.
Is Illinois Institute of Technology a hidden gem for Aerospace Engineering?
After financial aid, the average student pays $77,412 over four years — 63% below the $207,052 sticker price. That gap makes the ROI significantly better than published tuition suggests.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research.
See full methodology →