Massachusetts Institute of Technology Data & Information Overview
- Admission and Acceptance
- Retention and Graduation Rates
- Student Debt
- Average Earnings
- Online Learning
- Related Schools
How Well Is Massachusetts Institute of Technology Ranked?
In its yearly rankings, College Factual analyzes over 2,000 colleges and universities to determine which ones are the best in a variety of categories, such as overall value, quality, diversity, which schools are the best for each major, and much more.
MIT is ranked #2 out of 2,576 schools in the nation for overall quality on College Factual's 2022 Best Colleges list. This puts it in the top 1% of all schools in the nation! This is an improvement over the previous year, when MIT held the #5 spot on the Best Overall Colleges list.
MIT also holds the #1 spot on the Best Colleges in Massachusetts ranking.
Is It Hard to Get Into MIT?
Even if you have the best grades and high test scores, that may not be enough to get into MIT since the school has one of the most selective in the country. Its acceptance rate is a mere 7%, so there's no shame if you don't get in. Be sure to apply to other schools just in case.
Average Test Scores
About 72% of students accepted to MIT submitted their SAT scores. When looking at the 25th through the 75th percentile, SAT Evidence-Based Reading and Writing scores ranged between 720 and 770. Math scores were between 770 and 800.
Massachusetts Institute of Technology Faculty
Student to Faculty Ratio
At MIT, the student to faculty ratio is an excellent 3 to 1. That's much better than the national average of 15 to 1. This indicates that many classes will probably be small, and students will have ample opportunites to work closely with their professors and classmates.
Percent of Full-Time Faculty
When estimating how much access students will have to their teachers, some people like to look at what percentage of faculty members are full time. This is because part-time teachers may not have as much time to spend on campus as their full-time counterparts.
The full-time faculty percentage at Massachusetts Institute of Technology is 99%. This is higher than the national average of 47%.
Retention and Graduation Rates at Massachusetts Institute of Technology
Freshmen Retention Rate
Massachusetts Institute of Technology has a freshmen retention rate of 99%. That's a good sign that full-time students like the school and their professors enough to want to stick around for another year. It's also a sign that the admissions team did a good job in choosing applicants who were a good fit for the school.
Students are considered to have graduated on time if they finish their studies within four years. At MIT the on-time graduation rate of first-time, full-time students is 82%. That is great when compared to the national average of 33.3%
Massachusetts Institute of Technology Undergraduate Student Diversity
During the 2017-2018 academic year, there were 4,530 undergraduates at MIT with 4,501 being full-time and 29 being part-time.
How Much Does Massachusetts Institute of Technology Cost?overall average net price of MIT is $16,636. The affordability of the school largely depends on your financial need since net price varies by income group. See the table below for the net price for different income groups.
Net Price by Income Group for MIT
|$0-30 K||$30K-48K||$48-75||$75-110K||$110K +|
The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid.Note that the net price is typically less than the published for a school. For more information on the sticker price of MIT, see our tuition and fees and room and board pages.
Student Loan Debt
While almost two-thirds of students nationwide take out loans to pay for college, the percentage may be quite different for the school you plan on attending. At MIT, approximately 11% of students took out student loans averaging $8,754 a year. That adds up to $35,016 over four years for those students.
The student loan default rate at MIT is 1.1%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you'll be able to pay back your student loans.
How Much Money Do MIT Graduates Make?bachelor's degree recipients from MIT make around $104,700 per year during the early years of their employment. That's great news for MIT students since it is 163% more than the average college graduate's salary of $39,802 per year.
Location of Massachusetts Institute of Technology
Contact details for MIT are given below.
|Address:||77 Massachusetts Avenue, Cambridge, MA 02139-4307|
Massachusetts Institute of Technology Majorsstudents from 46 majors graduated from Massachusetts Institute of Technology. Of these students, 1,303 received undergraduate degrees and 2,412 graduated with a master's or doctor's degree. The following table lists the most popular undergraduate majors along with the average salary graduates from those majors make.
|Most Popular Majors||Bachelor’s Degrees||Average Salary of Graduates|
|Aerospace & Aeronautical Engineering||53||$80,100|
Online Learning at MIT
Online courses area a great option for busy, working students as well as for those who have scheduling conflicts and want to study on their own time. As time goes by, expect to see more and more online learning options become available.
In 2018-2019, 46 students took at least one online class at Massachusetts Institute of Technology. This is an increase from the 40 students who took online classes the previous year.
|Year||Took at Least One Online Class||Took All Classes Online|
If you’re considering Massachusetts Institute of Technology, here are some more schools you may be interested in knowing more about.
- Columbia University in the City of New York
- Northwestern University
- Rensselaer Polytechnic Institute
- University of Notre Dame
- Washington University in St Louis
Curious on how these schools stack up against MIT? Pit them head to head with College Combat, our free interactive tool that lets you compare college on the features that matter most to you!
Notes and References
*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.
- National Center for Education Statistics
- College Scorecard
- Integrated Postsecondary Education Data System
- Image Credit: By InSapphoWeTrust under License
More about our data sources and methodologies.