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MIT delivers the highest earning potential for chemical engineers at $80,964 annually, yet costs only $19,813 after aid thanks to generous need-based assistance. This creates an unusual situation where the most selective program becomes surprisingly affordable for many students. Massachusetts hosts major pharmaceutical companies like Biogen and Moderna alongside chemical manufacturers, providing strong job prospects. The state's public options at UMass Lowell and Amherst offer solid returns with net costs under $24,000.
6
Programs
$18,627 – $43,273
Net Price Range
$70,218
Avg. Program Earnings
86.9%
Avg. Graduation Rate

6 Chemical Engineering Programs

Program rankings
# School Net Price Program Earnings In-State Tuition Graduation Rate Acceptance Rate
1 $19,813 $80,964 $60,156 96.1% 4.0%
2 $18,627 $63,501 $16,570 70.1% 86.0%
3 $23,691 $58,303 $17,357 83.2% 63.5%
4 $32,116 $72,022 $63,141 90.4% 6.8%
5 $35,435 $73,635 $67,844 93.3% 9.7%
6 $43,273 $72,881 $59,070 88.4% 57.5%

Frequently Asked Questions

What explains MIT's low net cost despite high tuition?

MIT meets 100% of demonstrated financial need through grants rather than loans. Students from families earning under $90,000 typically pay nothing, while those from middle-income families often pay less than $20,000 annually.

How do public programs compare for value?

UMass Lowell graduates earn $63,501 with a net cost of $18,627, creating strong return on investment. UMass Amherst offers similar value at $23,691 net cost, though graduates earn slightly less at $58,303 annually.

Is the high acceptance rate at UMass Lowell a concern?

The 86% acceptance rate reflects the program's capacity rather than quality issues. Graduates still achieve competitive salaries above $60,000, and the 70% graduation rate aligns with national averages for engineering programs.

Net price reflects the average cost after grants and scholarships for first-time, full-time students. See our methodology for details.