Private nonprofit · Mostly bachelor's degrees · Midsize city

Massachusetts Institute of Technology

Cambridge, Massachusetts. 4,535 undergraduates. Admits 5% of applicants.

96%Graduation rate41 pts above the national median for similar colleges (54%)
$14,815Average net price per year26% below the national median for similar colleges ($19,899)
$152,553Median earnings 10 years after starting159% above the national median for similar colleges ($58,912)
$14,000Median debt at graduation35% below the national median for similar colleges ($21,609)
Our read

Graduates' median debt ($14,000) equals 9% of former students' median earnings ten years after starting ($152,553). That is a light load relative to pay.

What families actually pay

$48,001–$75,000$4,283
$75,001–$110,000$8,020
Over $110,000$50,747

Average yearly net price for first-time, full-time students who received federal aid, by family income. Net price is the cost of attendance minus grants and scholarships. Source: College Scorecard.

Compare net price across collegesPublished tuition and fees: $64,730.

Do students finish, and what do they earn?

MeasureThis collegeSimilar colleges nationally
Graduation rate96%54%
Return for second year99%76%
Median earnings, 6 years after starting$137,488$49,318
Median earnings, 10 years after starting$152,553$58,912
Median debt at graduation$14,000$21,609

Graduation rate within 150% of normal time; retention is the share of first-year students who return. Earnings are medians for former students who received federal aid, working and not enrolled. National comparison is the median for colleges of the same type (mostly bachelor's degrees).

Programs and what graduates earn

104 programs reported
ProgramGraduates / yrMedian earnings, 1 yrMedian earnings, 5 yrsMedian debt
Computer Science366$171,815$203,879$10,000
Mathematics173$141,075$201,041—
Mathematics and Computer Science20—$189,517—
Electrical, Electronics, and Communications Engineering71$150,863$181,287$15,000
Liberal Arts and Sciences, General Studies and Humanities9$95,803$180,963—
Economics14$154,591——
Chemical Engineering51$103,310$140,683—
Mechanical Engineering106$94,095$130,762$15,000
Management Sciences and Quantitative Methods36$119,177——
Aerospace, Aeronautical, and Astronautical/Space Engineering57$94,732$113,988—
Biomedical/Medical Engineering49$73,378$93,023—
Architecture11———
City/Urban, Community, and Regional Planning11———
Communication and Media Studies1———
Computer and Information Sciences, General37———
Civil Engineering4———
Environmental/Environmental Health Engineering5———
Materials Engineering23———
Nuclear Engineering10———
Linguistic, Comparative, and Related Language Studies and Services4———
English Language and Literature, General3———
Rhetoric and Composition/Writing Studies2———
Biology, General35———
Biomathematics, Bioinformatics, and Computational Biology23———
Neurobiology and Neurosciences14———
Applied Mathematics23———
Science, Technology and Society1———
Cognitive Science49———
Climate Science1———
Economics and Computer Science54———
Philosophy4———
Chemistry26———
Geological and Earth Sciences/Geosciences5———
Physics70———
Political Science and Government7———
Drama/Theatre Arts and Stagecraft1———
Music9———
History1———

Program-level medians for graduates who received federal aid. A dash means the Department of Education suppressed the figure to protect privacy, usually because the program is small. At four-year colleges, certificate graduates often earned a bachelor's at the same time, so their earnings can reflect the degree. Source: College Scorecard, field of study data.

Getting in

5%Admission rate
1,560Average SAT of admitted students
34–36ACT middle 50%
3:1Students per faculty member
24%Undergraduates with a Pell Grant

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Quick answers

How much does Massachusetts Institute of Technology cost per year?
The average net price at Massachusetts Institute of Technology, what students pay after grants and scholarships, is $14,815 per year. Source: U.S. Department of Education College Scorecard.
How much do Massachusetts Institute of Technology graduates earn?
Former Massachusetts Institute of Technology students earn a median of $152,553 a year ten years after starting college. Source: U.S. Department of Education College Scorecard.
What is the graduation rate at Massachusetts Institute of Technology?
96% of Massachusetts Institute of Technology students graduate within 150% of normal time. Source: U.S. Department of Education College Scorecard.
How much student debt do Massachusetts Institute of Technology graduates have?
The median federal student debt at graduation from Massachusetts Institute of Technology is $14,000. Source: U.S. Department of Education College Scorecard.