Head-to-Head Analysis
This analysis was generated using Azimuth's proprietary framework. Our data model transforms federal education data into actionable insights. Learn about founder Daniel Rogers, explore our research methodology, or see how we think about this data.
Updated January 2026 • Chicago, IL & Milwaukee, WI
When students choose between Illinois Institute of Technology and Milwaukee School of Engineering, they're comparing two engineering-focused institutions with notably different earning trajectories. Both schools prepare students for technical careers, but MSOE graduates typically earn $6,478 more at the median despite similar program offerings.
The question becomes whether MSOE's earnings premium justifies the higher annual cost of $4,668.
Median Student Debt at Graduation
$25,000
federal loans
$27,000
federal loans
Median Parent PLUS Loans
$36,438
borrowed by parents
$34,081
borrowed by parents
IIT is predominantly engineering-focused, with 57% of graduates earning degrees in engineering fields. MSOE has an even stronger concentration: 78% engineering and 11% business programs.
IIT's largest programs include Mechanical Engineering (91 graduates), Computer Science (71), and Chemical Engineering (42). MSOE concentrates on Mechanical Engineering (127 graduates), Electrical Engineering (90), and Computer Engineering (82).
Both schools also offer notable biomedical engineering programs, reflecting similar technical strengths.
For students prioritizing immediate affordability, IIT delivers strong engineering outcomes at $4,668/year less than MSOE. MSOE offers higher earning potential that typically justifies the premium cost, making it the better choice for students who can manage the additional investment.
The data suggests both schools provide excellent value in engineering education — IIT for cost-conscious families and MSOE for those prioritizing maximum earnings potential. The right choice depends on your family's financial capacity, specific engineering interests, and whether you prefer Chicago's urban environment or Milwaukee's more focused engineering culture.
Key Takeaway
The numbers are close, but the best school depends on your goals, values, and career aspirations.
This comparison was generated using Azimuth's proprietary ROI framework, developed by founder Daniel Rogers. Our methodology transforms federal education data into actionable insights for families.
This comparison uses Azimuth's proprietary ROI model based on U.S. Dept. of Education data. View Full Methodology.
This content is for educational and informational purposes only and should not be construed as financial, investment, or professional advice. Consult a qualified advisor before making any financial decisions.
College Azimuth is a private research initiative and is not affiliated with the U.S. Department of Education or Federal Student Aid.
