Massachusetts Institute of Technology — Cambridge, MA

Materials Engineering

at Massachusetts Institute of Technology · Cambridge, MA

Exceptional Value

Go for it

The Bottom Line

↑Grads earn about $80,203/yr starting out — that's 167% more than skipping college
⏱Takes about 1.7 years to earn back what you spent
$Students on financial aid pay about $19,813/yr after grants & scholarships (varies by family income) — $84,634 total with loan interest

Listed Price

$79,850/yr

Starting Salary

$80,203

Finish Rate

96.1%

$79,850/yr

Full sticker price — tuition, housing, and fees before any aid

Students on financial aid pay $19,813/yr after grants & scholarships (saves $60,037/yr)

4 Years Total

$319,400

Typical Debt

$14,768

Interest You'd Owe

+$5,382

What You'd Really Pay

$84,634

That's about $168/month for 10 years after you graduate

You'd earn (with degree)$802,030

Without college$300,000

Total cost of degree$84,634

Pays for Itself In

1.7 yrs

Salary Boost

+167%

Ahead After 10 Years

$717,396

How We Scored This

Salary vs. Cost40/40

Do you earn enough to justify the price?

Payoff Speed25/25

How fast do you earn back what you spent?

Salary Boost20/20

How much more than skipping college?

Graduation Rate14.4/15

Will you actually finish?

Data from the U.S. Department of Education. Salaries are what recent grads typically earn — yours could be higher or lower.

Costs can change. These numbers don't adjust for where you live, and only cover students who used federal financial aid. Not financial advice.