Universal Technical Institute-Bloomfield
For-profit College in Bloomfield, NJ. Six-year graduation rate 67%. Median 10-year earnings $51,222.
The median ten-year earnings figure of $51,222 sits near the national middle rather than at either extreme. The six-year graduation rate of 67% is well above average and the clearest sign this school holds onto its students. Graduates leave owing a median of $14,267 — 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 0.28 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
67% of students finish within six years, putting completion well above the national norm. First-year retention of 88% shows the cohort holds together through the hardest year. Retention and completion are close, which places the gap between entering and finishing almost entirely in year one. The 43:1 student-faculty ratio is high, so large classes and limited faculty contact should be the expectation. Being a for-profit two-year institution is the single most useful context for these numbers — the sector's spread is wide enough that the school-level figures matter more than usual.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,570 degree- or certificate-seeking undergraduates
Students pay an average of $27,034 annually once grants are applied. Net price varies modestly by income — $26,232 at $0–30k against $32,889 at $110k+ — so the average is a fair guide for most families. About 65% get grants averaging $5,174, so plan on the possibility of paying closer to full price. 69% of students borrow federally, so debt is the norm rather than the exception.
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 · 641 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 | $26,232 |
| $30–48k | $26,372 |
| $48–75k | $28,567 |
| $75–110k | $31,526 |
| $110k+ | $32,889 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 1,084 of these 1,570 students, totalling $6,976,865 — an average of $6,436 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Essex County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)