Massachusetts Institute of Technology
Cambridge, Massachusetts · Private Non-Profit
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
Institution Overview
Massachusetts Institute of Technology is a private, non-profit institution with a very selective acceptance rate of 4.7%. The student body is relatively small, with 4,571 students enrolled. The institution has a very high retention rate of 99% and a graduation rate of 95.5%. The annual tuition for in-state students is $60,156.
MIT graduates experience strong financial outcomes. 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, and 6.6% of students 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, graduates earn a median of $143,372. The median debt for graduates is $14,768. The school has a 95.5% graduation rate and a 99% retention rate.
MIT has a very low acceptance rate of 4.7%. The annual in-state tuition is $60,156. The school provides financial aid to 6.6% of students. The total student population is 4,571.
Popular Programs
Top performing degrees based on enrollment and outcome data.
Management Sciences and Quantitative Methods
Mechanical Engineering
Systems Engineering
Electrical, Electronics and Communications Engineering
Mathematics
Applied Mathematics
Aerospace, Aeronautical and Astronautical Engineering
Physics
Chemical Engineering
Biology, General
Biomedical/Medical Engineering
Chemistry
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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.