Franklin W Olin College of Engineering vs Massachusetts Institute of Technology

Needham, MA — Cambridge, MA

Metric
Franklin W Olin College of Engineering
Needham, MA
Massachusetts Institute of Technology
Cambridge, MA
Location Needham, MA Cambridge, MA
Type Private Nonprofit Private Nonprofit
Total Enrollment 377 4,535
Acceptance Rate 25.2% 4.5%
SAT Average 1,520 1,560
In-State Tuition $66,398 $62,396
Out-of-State Tuition $66,398 $62,396
Avg Net Price $25,171 $20,111
Median Debt at Graduation $19,500 $14,768
4-Year Graduation Rate 94.2% 96.2%
Retention Rate 98.0% 99.1%
Median Earnings (6 yr) $105,483 $131,633
Median Earnings (10 yr) $129,455 $143,372
Loan Repayment Rate 3000.0% 58700.0%

Values highlighted in green indicate the better metric. Source: U.S. Department of Education College Scorecard.

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Franklin W Olin College of Engineering
Needham, MA
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Massachusetts Institute of Technology
Cambridge, MA
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Frequently Asked Questions

How do Franklin W Olin College of Engineering and Massachusetts Institute of Technology compare?
Franklin W Olin College of Engineering (Needham, MA) has an acceptance rate of 25.2%, in-state tuition of $66,398, and median 10-year earnings of $129,455. Massachusetts Institute of Technology (Cambridge, MA) has an acceptance rate of 4.5%, in-state tuition of $62,396, and median 10-year earnings of $143,372.
Which school has higher graduate earnings, Franklin W Olin College of Engineering or Massachusetts Institute of Technology?
Massachusetts Institute of Technology graduates earn more at 10 years out, with a median of $143,372 vs $129,455. Source: U.S. Department of Education College Scorecard.
Which school is more affordable, Franklin W Olin College of Engineering or Massachusetts Institute of Technology?
Based on average net price (after grants and scholarships), Massachusetts Institute of Technology is the more affordable option at $20,111 per year versus $25,171.
Which school has a better 4-year graduation rate?
Massachusetts Institute of Technology has the higher 4-year graduation rate: 96.2% vs 94.2%.

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All data from the U.S. Department of Education College Scorecard. PlainCollege is not affiliated with any government agency.

Related

Source: U.S. Department of Education — College Scorecard College Scorecard institution outcomes (earnings, completion, debt) · 2025