Massachusetts Institute of Technology: Is It Worth It?
Cambridge, Massachusetts · Private Nonprofit · Website
ROI Score
16.8
Net Price/Year
$20,111
avg with financial aid
10yr Earnings
$143,372
median, all graduates
Median Debt
$14,768
at graduation
Is Massachusetts Institute of Technology Worth It?
Graduates earn a median of $143,372 per year ten years after enrollment. With an average net price of $20,111 per year, the total estimated cost for a four-year degree is approximately $80,444.
Based on median earnings, the degree typically pays for itself in approximately 0.6 years.
The median graduate leaves with $14,768 in debt, which represents about 10%of one year's earnings at the 10-year mark.
Note: These figures reflect all graduates regardless of major. Individual outcomes vary significantly by field of study, career choices, and personal circumstances.
Earnings vs. Debt
Net Price by Family Income
Admissions Snapshot
Acceptance Rate
4.5%
Avg SAT
1560
ACT Midpoint
N/A
Enrollment
4,535
Completion & Retention
6-Year Graduation Rate
96.2%
National avg: ~60%
Retention Rate
99.1%
First-year students returning
3yr Repayment Rate
58700.0%
Grads making progress on loans
Cost Breakdown
In-State Tuition
$62,396
Out-of-State Tuition
$62,396
Avg Net Price
$20,111
After grants/scholarships
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Frequently Asked Questions
Is Massachusetts Institute of Technology worth the money?
Based on federal data, Massachusetts Institute of Technology graduates earn a median of $143,372 ten years after enrollment, with a median debt of $14,768 at graduation. The ROI score is 16.8.
What do Massachusetts Institute of Technology graduates earn?
The median earnings for Massachusetts Institute of Technology graduates is $131,633 six years after enrollment and $143,372 ten years after enrollment, according to the College Scorecard.
What is the acceptance rate at Massachusetts Institute of Technology?
The acceptance rate at Massachusetts Institute of Technology is 4.5%.
How much debt do Massachusetts Institute of Technology graduates have?
The median debt at graduation for Massachusetts Institute of Technology students is $14,768.
Data source: U.S. Department of Education College Scorecard. Earnings data reflects median earnings 10 years after enrollment for all graduates. Debt figures reflect median debt at graduation for completers. Individual outcomes may vary.