Massachusetts Institute of Technology

Cambridge, MA · Private nonprofit · Graduate degree-granting

A private nonprofit institution in Cambridge, Massachusetts, accredited by the New England Commission of Higher Education, Massachusetts Institute of Technology serves students across multiple degree programs. With 4,535 students, it is a small institution. Graduates earn a median of $143,372 ten years after enrollment, which is 252% above the national median of $40,747. The graduation rate is 96.2%. On the financial side, median graduate debt is $14,768, yielding an earnings-to-debt ratio of 9.71x. The average net price after financial aid is $20,111 per year. The most popular programs include Management Sciences and Quantitative Methods, Computer Science, Systems Engineering, Mechanical Engineering, and Mathematics.

Key Outcomes

Median Earnings (10yr)
$143,372
Graduation Rate
96.2%
Median Debt
$14,768
Average Net Price
$20,111
Earnings-to-Cost Ratio
1.78x
Earnings-to-Debt Ratio
9.71x

Admissions & Enrollment

Total Enrollment
4,535
Admission Rate
4.5%
Average SAT
1560
Retention Rate
99.1%

Cost

In-State Tuition
$62,396
Out-of-State Tuition
$62,396
Pell Grant Rate
19.3%
Federal Loan Rate
6.7%

Net Cost by Family Income

Income $0–$30K
$0 (net grant surplus of $2,533)
Income $30K–$48K
$93
Income $48K–$75K
$1,480
Income $110K+
$48,479

Student Demographics

Women
37.2%
White
21.3%
Black
7.7%
Hispanic
14.1%
Asian
35.2%
Two or More Races
6.8%

Student Loan Performance

Repayment Rate (3yr)
91.8%

Accreditations

Programs (105)

Bachelor (34)

Program Median Earnings Completers
Computer Science $225,141 389
Mechanical Engineering $131,967 141
Mathematics $174,951 139
Electrical Engineering $161,118 87
Physics $131,025 79
Cognitive Science Not reported 61
Aerospace Engineering $114,620 57
Biomedical Engineering $111,738 54
Management Sciences and Quantitative Methods Not reported 49
Economics and Computer Science Not reported 47
Chemical Engineering $122,093 39
Cognitive Science Not reported 30
Chemistry Not reported 28
Biology Not reported 25
Materials Engineering Not reported 24
Biomathematics & Bioinformatics Not reported 22
Applied Mathematics Not reported 17
Neuroscience Not reported 16
Economics Not reported 13
Liberal Arts & Sciences $147,998 11
Music Not reported 11
Architecture Not reported 10
City & Regional Planning Not reported 10
Nuclear Engineering Not reported 9
Linguistics Not reported 8
Environmental Engineering Not reported 7
Communications Not reported 5
Philosophy Not reported 5
Computer & Information Sciences Not reported 4
Civil Engineering Not reported 4
English Language & Literature Not reported 4
Geological Sciences Not reported 4
Rhetoric & Composition Not reported 3
Drama & Theater Arts Not reported 3

Master (30)

Program Median Earnings Completers
Management Sciences and Quantitative Methods Not reported 782
Computer Science Not reported 265
Systems Engineering $227,052 178
Mechanical Engineering $200,732 149
Applied Mathematics Not reported 132
Electrical Engineering $199,245 78
Aerospace Engineering $151,237 68
Architectural Technology $87,003 56
City & Regional Planning $100,130 43
Real Estate Development Not reported 37
Chemical Engineering Not reported 37
Economics Not reported 32
Civil Engineering Not reported 29
Radio, Television & Film Not reported 24
Nuclear Engineering Not reported 16
Environmental Engineering Not reported 15
Architecture Not reported 14
Cognitive Science Not reported 13
Computer & Information Sciences Not reported 11
Journalism Not reported 8
Operations Research Not reported 7
Science, Technology and Society Not reported 7
Materials Engineering Not reported 4
Biomathematics & Bioinformatics Not reported 4
Geological Sciences Not reported 4
Communications Not reported 3
Biomedical Engineering Not reported 3
Economics and Computer Science Not reported 3
Political Science Not reported 3
Business $258,152 0

Doctoral (32)

Program Median Earnings Completers
Computer Science Not reported 68
Mechanical Engineering Not reported 53
Electrical Engineering $214,070 52
Physics Not reported 52
Chemistry $137,404 47
Biomedical Engineering $167,374 46
Aerospace Engineering Not reported 38
Chemical Engineering $184,436 36
Biology $189,144 32
Materials Engineering Not reported 26
Geological Sciences Not reported 20
Mathematics Not reported 19
Economics Not reported 19
Radio, Television & Film Not reported 17
Neuroscience Not reported 17
Operations Research Not reported 16
Management Sciences and Quantitative Methods Not reported 13
Computer & Information Sciences Not reported 12
Nuclear Engineering Not reported 12
City & Regional Planning Not reported 10
Cognitive Science Not reported 10
Political Science Not reported 8
Architecture Not reported 7
Civil Engineering Not reported 7
Environmental Engineering Not reported 7
Systems Engineering Not reported 6
Biomathematics & Bioinformatics Not reported 6
Science, Technology and Society Not reported 6
Philosophy Not reported 6
Architectural Technology Not reported 5
Linguistics Not reported 5
Atmospheric Sciences Not reported 4
Show 9 additional programs with limited data
Program Level Completers
Linguistics Master 2
Astronomy Doctoral 2
Political Science Bachelor 2
Biology Master 1
Neuroscience Master 1
Science, Technology and Society Bachelor 1
Atmospheric Sciences Master 1
Chemistry Master 1
History Bachelor 1

Rankings Featuring This Institution

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