Massachusetts Institute of Technology

Cambridge, MA · Private nonprofit · web.mit.edu/ ↗

Massachusetts Institute of Technology is a private nonprofit college in Cambridge, Massachusetts, located in a midsize city. It enrolls 4,535 undergraduate degree-seeking students and mostly awards bachelor's degrees. It also offers graduate degrees. By number of bachelor's degrees awarded, its largest programs are Computer Science, Mathematics, and Mechanical Engineering.

Source: U.S. Department of Education College Scorecard.

Compare with similar schools: Private nonprofit colleges in Massachusetts

Compare its largest majors across colleges: Computer Science · Mathematics · Mechanical Engineering

Massachusetts Institute of Technology at a glance

Undergraduate enrollment
4,535
Similar schools: 1,107
Average net priceiAverage sticker price minus typical grants and scholarships: the amount most students actually pay out-of-pocket plus loans.
$14,815
Similar schools: $22,971
Admit rateiShare of applicants who get accepted. Lower = more selective.
4.5%
Similar schools: 73.7%
Graduation rate (6 yrs)iShare of full-time students who finished a 4-year degree within 6 years (which is 150% of the standard 4-year time).
95.7%
Similar schools: 57.7%
Median earnings (10 yrs)iMedian earnings of students 10 years after they started college, among those working and not enrolled in further schooling.
$152,553
Similar schools: $59,098
Median debt at graduationiMedian federal student-loan balance carried by students who graduated. Doesn't include Parent PLUS or private loans.
$14,000
Similar schools: $23,250
First-year retentioniShare of first-year students who came back for year two. A baseline measure of student satisfaction.
99.1%
Similar schools: 77.1%

What the data shows about Massachusetts Institute of Technology

Comparisons below use the medians for the 1,197 private nonprofit schools that mostly award bachelor's degrees in the College Scorecard. Its average net price is $14,815 a year, lower than the $22,971 median for similar schools. It admits 4.5% of applicants, lower than the 73.7% median. 99.1% of first-time, full-time students return for a second year (similar-school median: 77.1%). 95.7% of full-time students finish a four-year degree within six years, higher than the 57.7% median. Ten years after enrolling, former students who are working earn a median of $152,553, higher than the $59,098 median for similar schools. Graduates leave with a median of $14,000 in federal student loans (similar-school median: $23,250).