More selective than 98% of Massachusetts colleges we cover.
College Scorecard, Fall 2024 entering class
Average after grants for all families receiving federal aid. Pick your income above.
Sticker price $82,730. College Scorecard.
Higher than 97% of Massachusetts colleges we cover and 99% of colleges nationwide. U.S. median 54%.
Within 6 years · College Scorecard
Higher than 100% of Massachusetts colleges we cover and 100% of colleges nationwide. U.S. median $53,263.
Median, 10 years after starting · College Scorecard
Massachusetts Institute of Technology acceptance rate & admissions
Of 26,904 applicants, Massachusetts Institute of Technology admitted 1,274 and 1,091 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 1520–1580 on the SAT or 34–36 on the ACT.
IPEDS Admissions, Fall 2023 entering class
Test scores: College Scorecard, Fall 2024. Other figures: College Scorecard; IPEDS
Massachusetts Institute of Technology tuition, cost & net price
What families actually pay per year, by income
Average net price after grants and scholarships for students who receive federal aid. Tap your income band.
College Scorecard, latest reported year (federal aid recipients)
Sticker price (before aid)
IPEDS 2023-24 cost items; total from College Scorecard
College Scorecard; Urban Institute Education Data Portal
What Massachusetts Institute of Technology costs to finish, and how fast it pays back
Graduates of Massachusetts Institute of Technology took 4.2 years on average to finish, so the yearly price adds up to the total below. Payback compares former students' earnings with what high school graduates earn in Massachusetts. The figures follow your residency and income choices above.
| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| $0–30k | $0 | $0 | under 1 year |
| $30–48k | $93 | $387 | under 1 year |
| $48–75k | $1,480 | $6,157 | under 1 year |
| $75–110k | $11,555 | $48,069 | under 1 year |
| $110k+ | $48,479 | $201,673 | 1.9 years |
Cost to finish = yearly price × 4.2 years, the average time graduates took (82% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of former students 10 years after starting ($143,372) minus $39,880 for high school graduates ages 25-34 in MA (Census ACS 2020-2024), a gain of $103,492 a year. Before taxes, loan interest and earnings given up while in school. Method
College Scorecard (net price, earnings); IPEDS Graduation Rates (time to finish); U.S. Census Bureau ACS (high school earnings). Calculated by EducationGuide.
Massachusetts Institute of Technology majors, earnings & careers
Massachusetts Institute of Technology offers 40 bachelor's majors across 8 areas. Earnings below are for this school's graduates of each major, four years after finishing.
- Engineering · 11
- Science & Math · 9
- Humanities & Languages · 7
- Business & Finance · 4
- Social Sciences & Public Service · 3
- Technology & Computing · 3
- Arts & Design · 2
- Communications & Media · 1
Highest-earning majors at Massachusetts Institute of Technology
| Major | Earnings, 4 yrs | Median debt |
|---|---|---|
| Computer Science | $225,141 | $12,000 |
| Mathematics | $174,951 | $10,003 |
| Electrical Engineering | $161,118 | $11,935 |
| Liberal Arts / General Studies | $147,998 | $11,935 |
| Mechanical Engineering | $131,967 | $11,334 |
| Physics | $131,025 | $18,500 |
| Chemical Engineering | $122,093 | $15,209 |
| Aerospace, Aeronautical, and Astronautical / Space Engineering | $114,620 | $17,724 |
Quick list of all 40 majors
- Aerospace, Aeronautical, and Astronautical / Space Engineering$114,620
- Anthropology—
- Applied Mathematics—
- Architecture—
- Biology—
- Biomathematics, Bioinformatics, and Computational Biology—
- Biomedical Engineering$111,738
- Business—
- Chemical Engineering$122,093
- Chemistry—
- City / Urban, Community, and Regional Planning—
- Civil Engineering—
- Cognitive Science—
- Communications—
- Computer and Information Sciences—
- Computer Science$225,141
- Economics—
- Economics and Computer Science—
- Electrical Engineering$161,118
- English—
- Environmental Engineering—
- Finance—
- Geology / Earth Science—
- History—
- Liberal Arts / General Studies$147,998
- Linguistics—
- Management Science / Analytics—
- Materials Engineering—
- Mathematics$174,951
- Mathematics and Computer Science—
- Mechanical Engineering$131,967
- Music—
- Neuroscience—
- Nuclear Engineering—
- Philosophy—
- Physics$131,025
- Political Science—
- Science, Technology and Society—
- Theatre—
- Writing—
— means too few graduates to report earnings.
College Scorecard field of study, latest release
All majors by area with earnings 1 and 4 years out, and debt →Computer Science → Software developer
Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 10.2% from 2025 to 2035.
BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35
Mechanical Engineering → Mechanical engineer
Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 11.2% from 2025 to 2035.
BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35
Living in Boston
Overall prices in the Boston-Cambridge-Newton, MA-NH area.
BEA Regional Price Parities, 2024
2 bedrooms $2,383. Housing costs 48% above the U.S. average.
HUD Fair Market Rent, FY2027
January and July average highs. 49 inches of rain a year, 49 inches of snow.
NOAA Climate Normals 1991-2020
Highest: hurricane (relatively high); river flooding (relatively high).
FEMA National Risk Index, Middlesex County
Campus & students
IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute
Middlesex County at a glance
U.S. Census Bureau, ACS 5-year 2024
Compare Massachusetts Institute of Technology with similar schools
Similar private colleges in Massachusetts by selectivity, graduation rate and size. Tap “Why?” to see where the price difference comes from.
| School | Acceptance | You'd pay | Graduation | Earnings, 10 yrs | Price gap |
|---|---|---|---|---|---|
| Massachusetts Institute of Technology | 5% | $20,111 | 96% | $143,372 | This school |
| Williams College | 8% | $17,716 | 94% | $88,665 | |
| Harvard University | 4% | $19,066 | 98% | $101,817 | |
| Amherst College | 9% | $23,367 | 94% | $77,644 | |
| Tufts University | 11% | $39,998 | 94% | $83,214 |
College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.
Why the price is different
Massachusetts Institute of Technology would cost you $2,395 more per year than Williams College, on average.
- Lower sticker price at Massachusetts Institute of Technology, mostly from lower tuition & fees (−$6,164).
- Williams College gives aided families $4,525 more in grants, on average.
| Per year, Massachusetts resident | Massachusetts Institute of Technology | Williams College | Difference |
|---|---|---|---|
| Tuition & fees | $62,396 | $68,560 | −$6,164 |
| Books & supplies | $880 | $1,000 | −$120 |
| Housing & meals | $19,390 | $16,300 | +$3,090 |
| Personal & travel | $2,304 | $2,700 | −$396 |
| Living-at-home adjustment | −$2,240 | −$3,700 | +$1,460 |
| Sticker price | $82,730 | $84,860 | −$2,130 |
| Average grants | −$62,619 | −$67,144 | +$4,525 |
| You pay | $20,111 | $17,716 | +$2,395 |
“+” means Massachusetts Institute of Technology costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.
Common questions about Massachusetts Institute of Technology
What is the Massachusetts Institute of Technology acceptance rate?
Massachusetts Institute of Technology accepts 5% of applicants (College Scorecard). In the latest IPEDS admissions year, 1,274 of 26,904 applicants were admitted. The middle half of enrolled first-year students scored 1520–1580 on the SAT or 34–36 on the ACT.
How much does Massachusetts Institute of Technology cost per year?
The sticker price (cost of attendance) is $82,730 a year. After grants and scholarships, students receiving federal aid pay $20,111 a year on average; families earning $0–30k pay $0 and families earning $110k+ pay $48,479.
How much do Massachusetts Institute of Technology graduates earn?
Former Massachusetts Institute of Technology students earn a median $143,372 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.
What is the Massachusetts Institute of Technology graduation rate?
96% of first-time, full-time students graduate within six years, and 99% return for their second year.
How long does a Massachusetts Institute of Technology degree take to pay off?
For a family earning $48–75k, finishing at Massachusetts Institute of Technology costs about $6,157 after grants ($1,480 a year for 4.2 years, the average time graduates took). Former students earn a median $143,372 ten years after starting, $103,492 more than high school graduates in Massachusetts ($39,880), so the cost is repaid in under 1 year of that gain, before taxes and interest (EducationGuide calculation).
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Sources on this page: U.S. Department of Education College Scorecard and IPEDS; U.S. Census Bureau (ACS); Bureau of Labor Statistics (OEWS, Employment Projections); Bureau of Economic Analysis; HUD; NOAA; FEMA; Urban Institute Education Data Portal (ODC-By); Wikidata. “Colleges we cover” means colleges awarding bachelor's degrees to at least 100 undergraduates. Averages are not quotes; confirm costs with the school. How we score
Data: download this school's data (JSON) · Markdown · all datasets
Cite this: “Massachusetts Institute of Technology: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/massachusetts-institute-of-technology (College Scorecard and IPEDS data).