Aerospace Engineering at Illinois Institute of Technology

Chicago, IL · Private nonprofit · Bachelor's Degree · Aerospace, Aeronautical and Astronautical Engineering
53 /100
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
Ranked #57 of 57 Aerospace programs

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
4-Year Net Price (After Aid)
$77,412
63% less than sticker · See by income
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
View all 5 career paths with salary ranges and AI risk →

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 →