Massachusetts Institute of Technology

Massachusetts Institute of Technology is located in Cambridge, Massachusetts. It is a private not-for-profit, 4-year or above institution.

From Wikipedia: The Massachusetts Institute of Technology (MIT) is a private research university in Cambridge, Massachusetts, United States. Founded in 1861 to advance “useful knowledge”, the university has played a significant role in the development of many areas of technology and science. William Barton Rogers founded MIT to accelerate American industrialization through scientific knowledge. Initially funded by a federal land grant, the institute adopted a German polytechnic model emphasizing laboratory instruction in applied science and engineering, and moved from Boston’s Back Bay to its current campus in Cambridge in 1916. Early growth came through research contracts with private industry, though the institute remained financially constrained and focused primarily on practical engineering education into the 1930s. MIT’s transformation as a research enterprise began during World War II, when projects like the Radiation Laboratory made it the nation’s largest non-industrial R&D contractor. Graduate enrollment and research funding grew rapidly in the postwar decades as faculty members such as Vannevar Bush helped shape federal support for basic science. In the late twentieth century, MIT became closely associated with computer science, artificial intelligence, biotechnology, open-source software development, and “big science” initiatives like the Apollo Guidance Computer and the LIGO project. Engineering remains its largest school, though MIT has also developed prominent programs in basic science, economics, management, architecture, and humanities. MIT has an urban campus that extends more than a mile (1.6 km) along the Charles River. Academic buildings are connected by an extensive corridor system. MIT’s off-campus operations include Lincoln Laboratory and Haystack Observatory, as well as affiliated laboratories such as the Broad and Whitehead Institutes. Undergraduate life is known for hands-on research and elaborate pranks. Tuition is generally not charged to undergraduates from families with incomes below $200,000, and most graduate students are funded by research.
As of October 2024, 105 Nobel laureates, 26 Turing Award winners, and 8 Fields Medalists have been affiliated with MIT as alumni, faculty members, or researchers. Alumni and faculty have founded many notable companies and served in senior government positions in the United States and abroad.

Overview of institution

This, and the rest of the page, use info from the most recent year available, generally 2024.

  • Institution kind: Doctoral Universities: Highest Research Activity

  • Undergrad program: Arts & sciences plus professions, high graduate coexistence

  • Graduate program: Research Doctoral: Comprehensive programs, no medical/veterinary school

  • Enrollment profile: Majority graduate (see more details below)

  • Average net price for undergrads on financial aid: $21,519 (1.2 times the equivalent cost of Harvard).

  • Actual price for your family: Go here to see what your family may be asked to pay. It can be MUCH lower than the average price but also higher for some.

  • Size and setting: Four-year, large, highly residential

  • In state percentage: 8.2% of first year students come from Massachusetts

  • In US percentage: 89% of first year students come from the US

  • Graduation rate (within 6 years) for students seeking a Bachelors: 96.1% (this is what is usually reported as “graduation rate”)

  • Graduation rate (within 4 years) for students seeking a Bachelors: 82.3%

  • Student to tenure-stream faculty ratio: 4.3 (undergrads to tenure-stream faculty) [Tenure explained]

  • Student to faculty ratio: 4.3 (undergrads to all faculty)

  • Degrees offered: Bachelor’s degree, Master’s degree, Doctor’s degree: research scholarship

  • Schedule: Four-one-four plan

  • Institution provides on campus housing: Yes

  • Dorm capacity: There are enough dorm beds for 8000 students

  • Freshmen required to live on campus: No

  • Advanced placement (AP) credits used: Yes

  • Disabilities: 7.50 percent of undergrads are registered as having disabilities.

Undergrad outcomes

This plot shows the outcomes for first time, full time undergraduates seeking Bachelor’s degrees (if the data are available).

Parliament plot showing the outcomes for full time undergraduates

Map

Comparisons

The sections below show this institution compared with others. The ones listed are ones it has identified as peers, who consider themselves peers, and/or who the federal government considers peers. If a comparison school has the same value as the focal school, its cell is grayed out. In fields where there is a common view that higher (or lower) values are better, the best values are in blue, the worst values are in red. If there isn’t a sense of a particular value being better, values are shown in varying shades of green. Arrows show where there is a signficant trend over time for a school. You can swipe across the table to see more of it; the focal school column is always visible.

Enrollment

Line plot showing the the full time undergraduate enrollment over time

General

Teaching

Tenure track faculty are those who are eligible for tenure. This includes both pre-tenure and tenured faculty. Once faculty get tenure, they are (generally) protected from being fired for intellectual reasons, helping to ensure their freedom in teaching and research. They can still lose their positions for misconduct, financial problems, not fulfilling their duties, or other reasons.

Non-tenure track faculty are not eligible for tenure. Some are hired one semester at a time, some have multi-year contracts. They typically have a higher teaching load than tenure track faculty, leaving less time for research or other creative endeavors. They are also easier to fire than tenured faculty. Sometimes they are external experts (a noted musician, a former senator) who are hired to teach some classes without the expected permanence of a tenure-track position.

Note that this chart uses US federal demographic data: it only has two genders and a specified set of ethnicities and races.

Having a low student to faculty ratio is considered a good thing by many, as it can mean more individual attention.

Geography

This has information on the location of the institution. See the about page for more information on what the metrics are and how they are calculated.

Financial Aid

Graduation

Note these are bachelors graduation rates in six years, not four (this is standard). Sample sizes can be small for some demographic groups with few individuals in a school, leading to large year-to-year fluctuations and often extreme values for those groups (if there are two individuals in the class with a given identity, the possible graduation rates are 0%, 50%, or 100% depending on whether zero, one, or both students graduate within six years).

Expense distribution

Colleges have various expenses, and the share of those has changed through time. A recent (July 1, 2026) article suggested that faculty salaries tend to be decreasing as a component of all college expenses. This plot (if data are available) shows wages and salaries used for instruction (which include faculty and others supporting instruction), other instructional costs, and other costs as a percentage of a college’s overall reported expenses each year.

Line plot showing expenses by category over time.

Library

Libraries are changing rapidly. Note that how institutions count digital collections may vary.

Diversity

The US Census Bureau has a diversity index that goes from 0 to 1. In their words, “A 0-value indicates that everyone in the population has the same racial and ethnic characteristics. A value close to 1 indicates that everyone in the population has different racial and ethnic characteristics.” This uses their formula, but with the resolution available for the federal IPEDS data (which does not separate for a given demographic group whether members identify as Hispanic or not). This metric is about heterogeneity within the population, not the proportion of the population that comes from historically excluded groups.

Following the practice of the census, the index is multiplied by 100 to give the percentage probability a random pair of individuals will have a different background. Most institutions argue that diversity is a benefit, so by default a higher number is listed as better, but there may be cases where this measure does not reflect the mission of a college (for example, 70% of the students at a tribal college or university may be American Indian: that could be low-scoring by this metric but should not be read as “bad” given the institution’s mission).

These numbers are based on the most recent year available, generally 2024, which predates effects of the US Supreme Court’s striking down of affirmative action. This has often changed, sometimes dramatically, the incoming student demographics at some institutions.

Overall diversity

Freshman profile

Demographic data for first time degree-seeking students. Note that this uses US federal demographic data: it only has two genders and a specified set of ethnicities and races.

Freshman geography

Test scores

SAT scores

ACT scores

Majors

This presents information on the number of majors and the median earnings one and five years after graduation for people who got a degree from this institution in that field. The earnings are for those who are working and not enrolled in further education. The earnings data (from the federal college scorecard) also has information on earnings for those categorized as ‘MALE’ and ‘NOMALE’ – for readability, these are recategorized here as “Men” and “Women”, respectively, which adopts the gender binary used in other federal data. “W/M earnings ratio” is the median earnings of women divided by men, as a percentage.

Bachelors

Masters

Doctorate

Certificate

Associates

Demographic cliff

There is a concern that giving changing US demographics, the number of students in the age groups who most commonly attend four year colleges will drop off, decreasing overall enrollment. This is often referred to as the “demographic cliff”, and it can be a concern for colleges concerned about the risk of falling enrollment. For this section, the analysis uses US census data on the number of people in each state by age, and the proportion of students that come from each state for this particular college, to crudely model what will happen if everything remains constant except the demographic change in the population of 18 year olds in each year – it does not account for things like the college increasing its admission rate, attracting more students from states without the same demographic changes or from other countries, or changes in the proportion of students who go to college.

Stacked area plot showing trends if enrollment of 18 year olds per state stay constant; it will be 84percent of the current population.