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Carnegie Mellon University vs Massachusetts Institute of Technology

46 data points compared. Stronger value in each row highlighted. Sources: College Scorecard, Opportunity Insights, Times Higher Education, IPEDS.

5
Carnegie Wins
7
Tied / N/A
34
Massachusetts Wins

Overview

Private nonprofit
Type
Private nonprofit
Urban
Setting
Urban
Mid-Atlantic
Region
New England
7,304
Enrollment
4,535
No
HBCU
No

Admissions

12%
Acceptance Rate
5%
1546
SAT Average
1560
34
ACT Midpoint
N/A
1500-1570
SAT Range
1520-1580

Cost & Financial Aid

$66,246
In-State Tuition
$62,396
$66,246
Out-of-State Tuition
$62,396
$31,944
Average Net Price
$20,111
$9,097
Net Price ($0-30K income)
$-2,533
$6,994
Net Price ($30-48K)
$93
$14,468
Net Price ($48-75K)
$1,480
$51,480
Net Price ($110K+)
$48,479
16%
Pell Grant Rate
19%
34%
Federal Loan Rate
7%

Academics

93%
Graduation Rate
96%
98%
Retention Rate
99%
92%
Full-Time Faculty
99%
$13,972
Faculty Salary (monthly)
$24,177
10%
First-Gen Students
26%

Student Body

47%
Female
37%
22%
White
21%
10%
Hispanic
14%
4%
Black
8%
34%
Asian
35%
0.78
Diversity Index
0.79

Outcomes

$105,360
Earnings (6yr)
$131,633
$105,524
Earnings (8yr)
$135,278
$114,862
Earnings (10yr)
$143,372
$21,750
Median Debt
$14,768
0.19x
Debt-to-Earnings
0.1x
85%
Earning Above HS
87%

Social Mobility (Chetty)

218.74%
Mobility Rate
339.82%
5320.4%
Success Rate (bottom 20%)
6652.9%
411.1%
From Bottom 20%
510.8%
$134,400
Parent Median Income
$141,000

Social Capital

1.83
Economic Connectedness
1.86
-0.01
Friending Bias
-0.01
7.1%
Volunteering Rate
6.1%

Research (Times HE)

#20
World Rank
#3
70.3
Teaching Score
97.8
79.3
Research Score
91.4
95.7
Citations Score
99.9

The Overviews

Carnegie Mellon University

Pittsburgh, PA · Private nonprofit

12% accept 93% grad $114,862 earnings $31,944 net

With an acceptance rate of just 12%, Carnegie Mellon University is a great fit for students who are ready to dive into rigorous academic programs. This school attracts those passionate about fields like Engineering, Computer Science, and Business. The blend of technical and creative disciplines, including Visual and Performing Arts, creates a unique environment where students can thrive while exploring their varied interests.

Life after graduation at Carnegie Mellon looks promising. Graduates can expect to earn an impressive average of $114,862 within ten years of completing their degrees. This strong earning potential is crucial for students weighing their options, as it reflects the value of the education they receive here. With a graduation rate of 93%, it’s clear that students are not only getting in but are also navigating their studies successfully.

When considering the financial aspect, the net price after aid is around $31,944, which can feel daunting but is manageable compared to potential earnings. The median debt for graduates stands at $21,750, suggesting that many students are able to graduate with a reasonable level of debt. Students who tend to thrive here are those who are dedicated, ambitious, and ready to engage deeply with their chosen fields.

Massachusetts Institute of Technology

Cambridge, MA · Private nonprofit

5% accept 96% grad $143,372 earnings $20,111 net

With an acceptance rate of just 5%, the Massachusetts Institute of Technology attracts a highly motivated and academically driven student body. This is a place for those who excel in challenging fields, particularly in engineering, computer science, mathematics, physical sciences, and biology. Students here are often hands-on learners, engaging in rigorous projects and research that push the boundaries of what’s possible.

Once students graduate, they typically see significant financial returns on their investment. With an average salary of $143,372 after ten years, graduates are well-positioned in the job market. This level of earning power speaks volumes about the value of the education they receive here. The affordability of attending is also noteworthy; with a net price of $20,111 after aid, many students leave with a manageable median debt of $14,768, making the financial landscape more navigable.

The practical aspects of attending MIT align well with the ambitions of its students. Those who thrive here are often those who embrace intense academic rigor and collaborative environments. With a graduation rate of 96%, it’s clear that the supportive community helps students succeed. The combination of a strong educational foundation and a network of driven peers prepares graduates for a range of career paths and success in their chosen fields.

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