Massachusetts Institute of Technology
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Details
- Name: Massachusetts Institute of Technology
- Location: Cambridge, MA 02139-4301
- Control: Private Non-Profit
- Accreditation: New England Commission on Higher Education
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Attendance
- Admissions Rate 4.74%
- Average SAT Scores 1553
- Four Year Completion Rate 82.33% Completion rates for full-time, first-time students within 4 years
- Six Year Completion Rate 96.08% Completion rates for full-time, first-time students within 6 years
- Eight Year Completion Rate 96.93% Completion rates for full-time, first-time students within 8 years. This is what is normally reported for college completion rates.
High Completion4 Year82.3%6 Year96.1%8 Year96.9% -
Costs
- Yearly Costs: $79,850 The average annual cost of attendance includes tuition and fees, books and supplies, and living expenses for all full-time, first-time, degree-certificate-seeking undergraduates
- Out of State Tuition: $60,156 Tuition and required fees for out-of-state students
- In State Tuition: $60,156 Tuition and required fees for in-state students
- Median Debt Total: $12,462 Median loan debt accumulated at the institution (the sum of all undergraduate federal loans over students’ college education at the institution for which the median debt is reported)
- Median Debt for Graduates: $14,768 Median loan debt accumulated for only graduates
- Median Debt for Withdrawals: $6,490 Median loan debt accumulated for only graduates
- Net Price Quintile 1 -$4,129 Average net price derived from the full cost of attendance (including tuition and fees, books and supplies, and living expenses) minus federal, state, and institutional grant/scholarship aid, for full-time, first-time undergraduate Title IV-receiving students for students reporting a family income of $0-$30,000
- Net Price Quintile 2 -$2,483 Average net price derived from the full cost of attendance (including tuition and fees, books and supplies, and living expenses) minus federal, state, and institutional grant/scholarship aid, for full-time, first-time undergraduate Title IV-receiving students for students reporting a family income of $30,001-$48,000
- Net Price Quintile 3 $4,621 Average net price derived from the full cost of attendance (including tuition and fees, books and supplies, and living expenses) minus federal, state, and institutional grant/scholarship aid, for full-time, first-time undergraduate Title IV-receiving students for students reporting a family income of $48,001-$75,000
- Net Price Quintile 4 $13,696 Average net price derived from the full cost of attendance (including tuition and fees, books and supplies, and living expenses) minus federal, state, and institutional grant/scholarship aid, for full-time, first-time undergraduate Title IV-receiving students for students reporting a family income of $75,001-$110,000
- Net Price Quintile 5 $46,627 Average net price derived from the full cost of attendance (including tuition and fees, books and supplies, and living expenses) minus federal, state, and institutional grant/scholarship aid, for full-time, first-time undergraduate Title IV-receiving students for students reporting a family income of $110,000+
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Earnings
- Median 6 Year Earnings $131,633 Median earnings measured 6 years after enrollment. Aggregate of all federally aided undergraduate students who enroll in an institution each year and who are employed but not enrolled. Earnings are defined as the sum of wages and deferred compensation from all non-duplicate W-2 forms received for each individual (from both full- and part-time employment), plus positive self-employment earnings from Schedule SE.
- Median 7 Year Earnings $118,516 Median earnings measured 7 years after enrollment. Aggregate of all federally aided undergraduate students who enroll in an institution each year and who are employed but not enrolled. Earnings are defined as the sum of wages and deferred compensation from all non-duplicate W-2 forms received for each individual (from both full- and part-time employment), plus positive self-employment earnings from Schedule SE.
- Median 8 Year Earnings $135,278 Median earnings measured 8 years after enrollment. Aggregate of all federally aided undergraduate students who enroll in an institution each year and who are employed but not enrolled. Earnings are defined as the sum of wages and deferred compensation from all non-duplicate W-2 forms received for each individual (from both full- and part-time employment), plus positive self-employment earnings from Schedule SE.
- Median 9 Year Earnings $125,770 Median earnings measured 9 years after enrollment. Aggregate of all federally aided undergraduate students who enroll in an institution each year and who are employed but not enrolled. Earnings are defined as the sum of wages and deferred compensation from all non-duplicate W-2 forms received for each individual (from both full- and part-time employment), plus positive self-employment earnings from Schedule SE.
- Median 10 Year Earnings $143,372 Median earnings measured 10 years after enrollment. Aggregate of all federally aided undergraduate students who enroll in an institution each year and who are employed but not enrolled. Earnings are defined as the sum of wages and deferred compensation from all non-duplicate W-2 forms received for each individual (from both full- and part-time employment), plus positive self-employment earnings from Schedule SE.
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What This College Costs By Family Income
Net price after grants and scholarships, by family income band.
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What Graduates Earn By Family Background
Median earnings by family income tercile, showing income mobility over time.
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| Name | Credential | Debt Mean | Debt Median | Earnings |
|---|---|---|---|---|
| Architecture | Bachelor's Degree | No data | No data | No data |
| Communication and Media Studies | Bachelor's Degree | No data | No data | No data |
| Aerospace, Aeronautical and Astronautical Engineering | Bachelor's Degree | No data | No data | $72,563 |
| Environmental/Environmental Health Engineering | Bachelor's Degree | No data | No data | No data |
| Rhetoric and Composition/Writing Studies | Bachelor's Degree | No data | No data | No data |
| Biomathematics, Bioinformatics, and Computational Biology | Bachelor's Degree | No data | No data | No data |
| Biomedical/Medical Engineering | Bachelor's Degree | No data | No data | $46,651 |
| Materials Engineering | Bachelor's Degree | No data | No data | $80,203 |
| Neurobiology and Neurosciences | Bachelor's Degree | No data | No data | $43,562 |
| Chemistry | Bachelor's Degree | No data | No data | No data |
| Economics | Bachelor's Degree | No data | No data | No data |
| Computer Science | Bachelor's Degree | No data | $62,305 | $118,191 |
| Electrical, Electronics and Communications Engineering | Bachelor's Degree | $70,540 | No data | $104,229 |
| Biology, General | Bachelor's Degree | No data | No data | $46,373 |
| Science, Technology and Society | Bachelor's Degree | No data | No data | No data |
| Philosophy | Bachelor's Degree | No data | No data | No data |
| Anthropology | Bachelor's Degree | No data | No data | No data |
| History | Bachelor's Degree | No data | No data | No data |
| City/Urban, Community and Regional Planning | Bachelor's Degree | No data | No data | No data |
| Civil Engineering | Bachelor's Degree | No data | No data | No data |
| Nuclear Engineering | Bachelor's Degree | No data | No data | No data |
| English Language and Literature, General | Bachelor's Degree | No data | No data | No data |
| Applied Mathematics | Bachelor's Degree | No data | No data | No data |
| Cognitive Science | Bachelor's Degree | No data | No data | No data |
| Physics | Bachelor's Degree | $64,348 | No data | No data |
| Drama/Theatre Arts and Stagecraft | Bachelor's Degree | No data | No data | No data |
| Finance and Financial Management Services | Bachelor's Degree | No data | No data | No data |
| Chemical Engineering | Bachelor's Degree | No data | No data | $81,524 |
| Mechanical Engineering | Bachelor's Degree | No data | $51,429 | $80,396 |
| Linguistic, Comparative, and Related Language Studies and Services | Bachelor's Degree | No data | No data | No data |
| Liberal Arts and Sciences, General Studies and Humanities | Bachelor's Degree | No data | $77,106 | $85,273 |
| Mathematics | Bachelor's Degree | No data | No data | $82,796 |
| Mathematics and Computer Science | Bachelor's Degree | No data | No data | $109,338 |
| Geological and Earth Sciences/Geosciences | Bachelor's Degree | No data | No data | No data |
| Political Science and Government | Bachelor's Degree | No data | No data | No data |
| Business/Commerce, General | Bachelor's Degree | No data | No data | No data |
| Music | Bachelor's Degree | No data | No data | No data |
| Management Sciences and Quantitative Methods | Bachelor's Degree | No data | No data | No data |