Carnegie Mellon University Value of an Education

Is Carnegie Mellon Worth the Price?

Check out Carnegie Mellon University's educational value before you overpay!

Within Pennsylvania, Carnegie Mellon University is Considered a Very High Quality College at an Average Price.

Carnegie Mellon University's overall average net price combined with a very high quality education, results in an average value for the money when compared to other colleges and universities in Pennsylvania. This lands Carnegie Mellon University in the #57 slot on our ranking of Best Colleges for the Money in Pennsylvania.

Nationally, Fair Deal for a Top Notch School

Carnegie Mellon University's educational quality places it among the top 20% best colleges and universities nationwide. The school's overall net price reflects that quality, earning it a middle-of-the-pack #796 ranking on the Best Colleges for the Money list. While you won't be paying considerably less than you would at colleges comparable to Carnegie Mellon in quality, you won't be overpaying either, making this school a fairly priced option.

The following graphic shows how the cost of obtaining a degree at Carnegie Mellon University compares to other similar quality colleges nationwide.

Underpriced	Best
	Good	$162,121 - Olin College $174,788 - Amherst College $177,695 - Washington and Lee University $185,036 - College of the Holy Cross $187,676 - Columbia University in the City of New York
Average	Fair	$193,742 - Emory University $197,324 - Bowdoin College $196,016 - University of Virginia - Main Campus $197,673 - California Institute of Technology $218,287 - Bucknell University $225,164 - Carnegie Mellon University
	Low
Overpriced	Poor

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And the Grand Total Comes To About: $225,164

On average, a bachelor's degree at Carnegie Mellon University will cost you about $225,164. This is based on an average price (with and without aid) of $53,850 per year and an average of 4.2 years to graduate.

	Amount
Average Yearly Cost	$53,850
Average Years to Graduate	4.2
Estimated Average Total Cost of Degree	$225,164

Many Factors Affect Net Price.

How does the location of this school affect cost? You can save money by going to a school in-state, living at home or living off-campus with a roommate. Please see the net price page for additional factors, such as your family's income, that can influence the price you will pay for college.

Is it Worth it For You? Dollar Amount Varies

The overall price of a college may vary greatly depending on your individual circumstances, thus affecting its value. Most students will not pay the full sticker price and few students fit perfectly into 'averages'. To get a sense of how value for your educational dollar might vary based on individual circumstances, look at the table below to determine your likely cost of a bachelor's degree at Carnegie Mellon University. Now compare this value metric for each college you are interested in.

Nationwide Value by Aid Group	Avg Total Degree Cost	Affordability Rank	Value Grade
Students Receiving no Aid	$293,084	1,550	C
All Students (With and Without Aid)	$225,164	1,559	C-
Only Students Receiving Aid	$162,469	1,452	C+

In-State Value by Aid Group	Avg Total Degree Cost	Affordability Rank	Value Grade
Students Receiving no Aid	$293,084	114	C
All Students (With and Without Aid)	$225,164	115	C
Only Students Receiving Aid	$162,469	110	B-

Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of Pennsylvania.

What is Value?

We calculate value by calculating average total cost (net price multiplied by time to graduation) and then compare that number to other schools of similar quality ranking. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.

Read the full methodology article for more.

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Carnegie Mellon University Value of an Education

Is Carnegie Mellon Worth the Price?

Within Pennsylvania, Carnegie Mellon University is Considered a Very High Quality College at an Average Price.

Nationally, Fair Deal for a Top Notch School

And the Grand Total Comes To About: $225,164

Is it Worth it For You? Dollar Amount Varies

Continue Your Research on Carnegie Mellon

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