Massachusetts Institute of Technology

What the IPEDS & College Scorecard Data Shows for Massachusetts Institute of Technology

Massachusetts Institute of Technology operates as a private nonprofit institution located in Cambridge, Massachusetts (city: midsize), with a total reported enrollment of 4,535 students of which 4,788 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Massachusetts Institute of Technology is categorized as “15” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 4.5%, drawn from the most recent IPEDS Fall enrollment survey, with an average SAT of 1,560. The average net price after grants and scholarships is $20,111, with published in-state tuition of $62,396 and a Pell grant recipient share of 19.3%. Median federal student debt at graduation is $14,768, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 96.2%, and the first-year retention rate is 99.1%. Graduates earn a median of $143,372 ten years after enrolling, compared with $131,633 six years post-enrollment. Within three years of entering repayment, 58700.0% of borrowers are making progress on their federal loans, and 87.2% of graduates earn above the high-school threshold. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.