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4.0%Acceptance
$60,156Tuition
4,571Students
96%Grad Rate (6-yr)
$143,372Earnings
#1 in MassachusettsPrivate nonprofit4-yearResearch UniversityNCAA Division IIIStudy AbroadData: 2023-24

Student Outcomes

Graduation Rate (4-year)
95.5%
Graduation Rate (6-year)
96.1%
Retention Rate
99.0%
Median Earnings (10 years after entry)
$143,372
Median Debt at Graduation
$14,768
Student-to-Faculty Ratio
3:1
Loan Repayment Rate
91.8%
Estimated Monthly Loan Payment
$157/mo

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program
Program Level Median Earnings Median Debt
Business/Commerce, General. Master $165,236 $41,000
Electrical, Electronics and Communications Engineering. Master $150,045
Systems Engineering. Master $137,214 $44,052
Computer Science. Bachelor $127,993 $11,077
Aerospace, Aeronautical and Astronautical Engineering. Doctoral $126,504
Electrical, Electronics and Communications Engineering. Doctoral $126,504
Electrical, Electronics and Communications Engineering. Bachelor $121,226 $10,967
Mathematics. Bachelor $117,572 $9,751
Nuclear Engineering. Doctoral $112,923
Mechanical Engineering. Doctoral $112,885
Mechanical Engineering. Master $111,435 $45,290
Real Estate Development. Master $110,878
Economics. Bachelor $110,878
Aerospace, Aeronautical and Astronautical Engineering. Master $104,749
Business/Commerce, General. Bachelor $94,408

Outcomes Overview

MIT graduates enter the workforce with strong earning power and minimal debt burden. The median debt of $14,768 creates a debt-to-earnings ratio of just 0.10, meaning graduates owe roughly one-tenth of their first-year salary. Monthly loan payments of $157 represent only 1.7% of median income, well below the recommended 10% threshold. The employment rate of 93.3% reflects strong demand for MIT talent in tech, finance, consulting, and research. Alumni command premium salaries at companies like Google, Goldman Sachs, and startups they often found themselves. With 10-year median earnings of $143,372 and low debt loads, this represents a strong return on investment despite the high sticker price.