Massachusetts Institute of Technology
A good fit for high-achieving applicants seeking a top-tier program and students who prefer a mid-size campus. no major red flags in the data. graduates earn a median of $153,600 within 10 years; exceptional 96% graduation rate.
About This School
Massachusetts Institute of Technology is a private nonprofit institution located in Cambridge, Massachusetts with approximately 4,535 undergraduate students enrolled. Admissions are highly selective, with an acceptance rate of 5%. The average net price after financial aid is $20,111 per year. The graduation rate is 96%, and the typical graduate earns $153,600 within 10 years of enrollment.
The Massachusetts Institute of Technology (MIT) is a private research university in Cambridge, Massachusetts, United States. Founded in 1861 to advance "useful knowledge", the university has played a significant role in the development of many areas of technology and science.
This is a strong option for students who are serious about STEM and can handle an intensely rigorous academic environment — a 99% freshman retention rate and 96% graduation rate suggest that the students who get in tend to thrive, not burn out. The financial picture is surprisingly accessible for an elite private school, with an average net price of just $19,813 per year and median debt at graduation of only $12,462, which looks even better against median earnings of $153,600 a decade out. The real concern here is simply getting in — a 5% acceptance rate means this should be a reach school on every list, so have strong alternatives ready.
Popular Programs
Percentage of degrees awarded. Source: College Scorecard.
Notable Alumni
Source: Wikidata. Used for context only.
Admissions
SAT Scores
ACT Scores
Cost & Financial Aid
Net Price by Family Income
Average annual cost after grants/scholarships, by household income. Source: U.S. Department of Education College Scorecard.
Financial Aid
Full Cost
After Graduation
Earnings 6 Years After Enrollment, by Gender
Gap: 22% less for female graduates. National avg ~16%.
Will This School Pay Off?
Strong return. Graduates earn well above their debt load.
Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.
Student Body
Source: U.S. Department of Education College Scorecard (4,535 undergraduates).
Contact & Location
Address
Massachusetts Institute of Technology
77 Massachusetts Avenue
Cambridge, MA 02139-4301
Official Links
Other Schools in Massachusetts
University of Massachusetts-Amherst
Amherst, MA · Public
Boston University
Boston, MA · Private nonprofit
Northeastern University
Boston, MA · Private nonprofit
University of Massachusetts-Boston
Boston, MA · Public
University of Massachusetts-Lowell
Lowell, MA · Public
Boston College
Chestnut Hill, MA · Private nonprofit
Sources & Methodology
Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.
School overview from Wikipedia. Used for context only, not as a primary data source for admissions, cost, or outcomes claims.
- Earnings figures are institution-level averages, not major-specific.
- Some metrics are based on Title IV financial aid recipients only.
- Some values may be privacy-suppressed or rolled up by the Department of Education.
- Contact the school directly for current admissions requirements and costs.
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