Massachusetts Institute of Technology
Cambridge, Massachusetts · Private Non-Profit · Founded N/A
Avg Earnings (5yr)
$131,633
Acceptance Rate
5%
Graduation Rate
96%
Annual Tuition
$60,156
At a Glance
Total Students
4,571
Retention Rate
99%
Faculty Ratio
3
Financial Aid
7%
Median Debt
$14,768
Campus Setting
City
Institution Type
Private Non-Profit
Founded
N/A
Institution Overview
Massachusetts Institute of Technology is a private, non-profit institution with a very selective admissions process, accepting only 4.7% of applicants. The student body is relatively small, with 4,571 students enrolled. The institution boasts a high graduation rate of 95.5% and an exceptional retention rate of 99%. The annual tuition cost for in-state students is $60,156.
MIT graduates experience high earnings potential. One year after graduation, the median earnings are $109,923, increasing to $131,633 after five years and $143,372 after ten years. The median debt for graduates is $14,768. A small percentage of students, 6.6%, receive financial aid.
Generated from College Scorecard & IPEDS data
Earning Projection Over Time
$110k
1 YEAR
$132k
5 YEARS
$143k
10 YEARS
Graduate Outcomes
One year after graduation, MIT graduates earn a median salary of $109,923. Five years post-graduation, median earnings increase to $131,633, and after ten years, median earnings reach $143,372. The median debt for graduates is $14,768, and 6.6% of students receive financial aid.
MIT has a very high retention rate of 99% and a graduation rate of 95.5%. The school has a very low acceptance rate of 4.7% and a student population of 4,571. In-state tuition is $60,156.
Popular Programs
Top performing degrees based on enrollment and outcome data.
Management Sciences and Quantitative Methods.
arrow_outwardSystems Engineering.
arrow_outwardMechanical Engineering.
arrow_outwardMechanical Engineering.
arrow_outwardMathematics.
arrow_outwardApplied Mathematics.
arrow_outwardPhysics.
arrow_outwardElectrical, Electronics and Communications Engineering.
arrow_outwardMechanical Engineering.
arrow_outwardArchitectural Sciences and Technology.
arrow_outwardAerospace, Aeronautical and Astronautical Engineering.
arrow_outwardAerospace, Aeronautical and Astronautical Engineering.
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Campus Location
Cambridge, Massachusetts
Cambridge, MA 02139-4301
Massachusetts Institute of Technology is located in Cambridge, Massachusetts. The campus is in a city setting.