Universities/MA/Massachusetts Institute of Technology

Massachusetts Institute of Technology

Cambridge, MA ยท Private Nonprofit ยท 4,535 students

Visit Website โ†—
$143k
Median earnings 10 years
after starting college
5%Acceptance Rate
96%Graduation Rate
OverviewAcademicsCost & AidAdmissionsAfter CollegePrograms๐Ÿ“ˆ ROI Calculator

Massachusetts Institute of Technology at a Glance

Total Students4,535
TypePrivate Nonprofit
Graduation Rate96.4%
Retention Rate99.1%
Acceptance Rate4.5%
SAT Average1560
First-Gen Students25.9%
Pell Grant Recipients19.3%

Graduate Earnings

Median earnings of students who received federal financial aid, measured after entering college.

$132k
6 Years After
Many still in school
$135k
8 Years After
Early career
$143k
10 Years After
Mid career
87.2% of students earn over $25,000 within 6 years of starting college

Cost Overview

Full Cost Details โ†’
$62,396
In-State Tuition
Per year
$62,396
Out-of-State Tuition
Per year
$20,111
Average Net Price
After aid โ€” what most pay
$14,768
Median Student Debt
At graduation

Most Popular Programs

Engineering32% of graduates
Computer Science31% of graduates
Mathematics11% of graduates
Biological Sciences5% of graduates
Business & Marketing1% of graduates
Social Sciences1% of graduates
๐ŸŽ“ Academics
Graduation rate, retention, SAT/ACT
๐Ÿ’ฐ Cost & Aid
Tuition, net price, financial aid
๐Ÿ“‹ Admissions
Acceptance rate, test scores
๐Ÿ’ผ After College
Earnings, debt, loan repayment

INSTITUTIONAL RESOURCES

Endowment$24,572,716,000
Avg Faculty Salary$24,177/yr
Spend per Student$99,057/yr
๐Ÿ“Š Data sourced from U.S. College Scorecard (Dept. of Education). Figures represent recent academic year estimates.

Similar Universities in Massachusetts

Franklin W Olin College of Engineering
Needham, MA
$129k earnings96% grad rate
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Boston, MA
$126k earnings62% grad rate
Babson College
Wellesley, MA
$124k earnings93% grad rate
Bentley University
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$121k earnings87% grad rate
Boston College
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$104k earnings91% grad rate
Worcester Polytechnic Institute
Worcester, MA
$103k earnings90% grad rate

Massachusetts Institute of Technology โ€” Overview

Massachusetts Institute of Technology is a private_nonprofit located in Cambridge, Massachusetts. The university enrolls approximately 4,535 students. It has a graduation rate of 96.4%, which is above average for US universities.

Graduates of Massachusetts Institute of Technology earn a median salary of $143,372 per year 10 years after starting college, compared to the US national average of $45,000. This puts Massachusetts Institute of Technology graduates 219% above the national median.

Tuition at Massachusetts Institute of Technology is $62,396 for in-state students and $62,396 for out-of-state students. The average net price after financial aid is $20,111 per year.

Massachusetts Institute of Technology has an acceptance rate of 4.5%, making it extremely selective. The average SAT score for admitted students is 1560.

Frequently Asked Questions

Is Massachusetts Institute of Technology worth it?+

Based on graduate outcomes data, Massachusetts Institute of Technology graduates earn a median salary of $143,372 per year 10 years after starting college โ€” 219% above the national average of $45,000. With an average net price of $20,111/year, graduates typically recoup their investment relatively quickly.

What do Massachusetts Institute of Technology graduates earn?+

Massachusetts Institute of Technology graduates earn a median salary of $143,372 per year 10 years after starting college. Six years after starting, the median earnings are $131,633. Earnings vary significantly by major and career path.

How much does Massachusetts Institute of Technology cost?+

Tuition at Massachusetts Institute of Technology is $62,396 for in-state students and $62,396 for out-of-state students per year. After financial aid, the average net price is $20,111/year.

What is the graduation rate at Massachusetts Institute of Technology?+

Massachusetts Institute of Technology has a graduation rate of 96.4%. The first-year retention rate is 99.1%, indicating strong student satisfaction.

How hard is it to get into Massachusetts Institute of Technology?+

Massachusetts Institute of Technology has an acceptance rate of 4.5%, making it extremely selective โ€” only 1 in 10 applicants are admitted. The average SAT score for admitted students is 1560.

How much student debt do Massachusetts Institute of Technology graduates have?+

The median student debt for Massachusetts Institute of Technology graduates is $14,768. With median earnings of $143,372, graduates can typically pay off their loans in a reasonable timeframe.

Data is automatically aggregated from public government sources and may be inaccurate. For informational purposes only. Always verify from official sources before making any decision. Terms of Use