Drake vs. New York Institute of Technology

Drake University vs. New York Institute of Technology comparison

	Drake University	New York Institute of Technology	College 3	College 4
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Overview	Drake	New York Institute of Technology
Location	Des Moines, IA	Old Westbury, NY
Setting	Midsize City	Large Suburban
Enrollment	4,685	6,906
Type	Private 4 Year	Private 4 Year
National Ranking	#149	#233
Religious Affiliation	-	-	-	-
Status	Non-profit	Non-profit
Website	drake.edu	nyit.edu
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Comparable Facts

• New York Institute of Technology is larger than than Drake based on total student enrollment (6,906 students vs. 4,685 students)

Drake vs. New York Institute of Technology Cost Comparison

Which college is more expensive, Drake or New York Institute of Technology?

• Drake University is 19% more expensive to attend than New York Institute of Technology for in-state tuition ($47,564.00 vs. $39,960.00)
• Out of state tuition is 19% higher at Drake than New York Institute of Technology ($47,564.00 vs. $39,960.00)
• The typical actual cost that students pay to attend (average net price) is less at New York Institute of Technology than Drake ($22,494 vs. $30,333)
• Living costs (room and board or off-campus housing budget) at Drake University are 43.5% lower than costs at New York Institute of Technology ($11,570 vs. $16,600)
• More students receive financial grant aid at Drake University than New York Institute of Technology (100% vs. 99%)
• The average total grant financial aid received by Drake University students is 2.9% larger than aid received New York Institute of Technology ($31,274 vs. $30,398)

Drake vs. New York Institute of Technology Admissions Difficulty Comparison

Which college is harder to get into, Drake or New York Institute of Technology? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between New York Institute of Technology or Drake .

• The average SAT score at Drake University (1224) is 150 points higher than at New York Institute of Technology (1074)
• Incoming Drake students have a 3 point higher average ACT score (27) than students at New York Institute of Technology (24)
• Accepted freshman Drake students have a 0.2 point higher average high school GPA (3.7) than students at New York Institute of Technology (3.5)
• New York Institute of Technology has a higher acceptance rate (75.7%) than Drake (67.2%)

Drake vs. New York Institute of Technology Graduation Outcomes Comparison

Which is better, Drake or New York Institute of Technology? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between New York Institute of Technology and Drake.

• The graduation rate at Drake is higher than New York Institute of Technology (75% vs. 48%)
• Graduates from Drake University earn on average $3,600 more per year than New York Institute of Technology graduates after ten years. ($68,500 vs. $64,900)
• New York Institute of Technology students graduate with a $2,500 lower median federal student loan debt than Drake graduates. ($23,500 vs. $26,000)
• New York Institute of Technology graduates are paying $26 less per month on federal student loans than Drake graduates. ($242 vs. $268)
• More Drake graduates are actively paying back their federal student loan debt than former New York Institute of Technology students, three years after graduation. (84% vs. 59%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/