Institute of Technology
For-profit College in Salem, OR. Six-year graduation rate 66%. Median 10-year earnings $37,507.
Median earnings ten years after entry come to $37,507, below what most undergraduate institutions return — the central fact to weigh against cost here. Completion is a strength: 66% of students finish within six years. Graduates leave owing a median of $9,500 — modest by four-year standards.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.25 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
Six-year completion runs to 66% — students who start here overwhelmingly finish here. 75% of full-time first-years come back for year two, so about one in four are gone before sophomore year. At 16:1, class sizes land in the normal range for an undergraduate institution. This is a for-profit two-year institution. That is not disqualifying, but it does mean verifying accreditation, transferability of credits, and job-placement claims directly rather than trusting the category. The undergraduate body is just 500, which shapes everything from class size to how often a required course is offered.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 443 degree- or certificate-seeking undergraduates
Students pay $35,276 a year on average after aid, a premium price that the earnings data has to justify. Income makes less difference than usual: $35,438 at $0–30k, $39,859 at $110k+. About 59% get grants averaging $6,433, so plan on the possibility of paying closer to full price. Borrowing is widespread: 65% take federal loans.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 250 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $35,438 |
| $30–48k | $37,755 |
| $48–75k | $37,277 |
| $75–110k | $39,177 |
| $110k+ | $39,859 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 290 of these 443 students, totalling $2,139,965 — an average of $7,379 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Marion County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026