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Head-to-Head Comparison

Carnegie Mellon University vs Providence College

Carnegie Mellon Wins
36
Tied
13
Providence Wins
5

Direct Answer

For overall financial value, Carnegie Mellon University offers a significantly safer investment tier. With an annual cost of $31,944 vs Providence College's $48,523, Carnegie Mellon University delivers strong outcomes at a fraction of the price. For students prioritizing lower student debt over initial institution prestige, Carnegie Mellon University's lower price point delivers a highly efficient debt-to-earnings path.

54 data points compared · Sources: College Scorecard, Opportunity Insights, Times Higher Education, IPEDS

When to Pick Each School

Carnegie Mellon

  • Higher earnings: Median earnings of $114,862 ten years after enrollment, 32% more than Providence College
  • Lower cost: Average net price of $31,944, roughly $16,579 a year less
  • Higher grad rate: 93% of students finish, the higher completion rate of the pair
  • Less debt: Median debt of $21,750, the lower of the two
  • Social mobility: Chetty mobility rate of 2.2%, the stronger record of moving students up the income ladder
  • More selective: Admits 12% of applicants, which makes for a more competitive peer group

Providence

No clear advantage detected in core metrics.

The Actual Decision

What are you really choosing between?

Carnegie Mellon graduates concentrate in Engineering (23% of degrees); Providence in Business & Marketing (42%). If you already know the field you want, the choice is mostly made for you.

If you want… Choose
Business & entrepreneurship Providence
Engineering Carnegie Mellon
Computer science & AI Carnegie Mellon
Math & quantitative work Carnegie Mellon
Pre-med & health Providence
Psychology Providence
Economics & public policy Providence
Arts & design Carnegie Mellon
Education & teaching Providence
Lab & physical sciences Either

Based on each school's share of degrees by field (College Scorecard). It shows where graduates actually concentrate, not the only path a school offers.

Which School Fits You?

Maximizing post-grad earnings → Carnegie Mellon University

Pick Carnegie Mellon University over Providence College. Median earnings of $114,862 ten years after enrollment vs $87,054.

Keeping costs down → Carnegie Mellon University

Pick Carnegie Mellon University over Providence College. Net price $31,944 vs $48,523.

Social mobility impact → Carnegie Mellon University

Pick Carnegie Mellon University over Providence College. 2.2% mobility rate vs 0.9%.

Graduation certainty → Carnegie Mellon University

Pick Carnegie Mellon University over Providence College. 93% completion rate vs 87%.

Key Metrics at a Glance

Graduation Rate

93%
Carnegie Mellon
vs
87%
Providence

Earnings (10yr)

$114,862
Carnegie Mellon
vs
$87,054
Providence

Avg Net Price

$31,944
Carnegie Mellon
vs
$48,523
Providence

Median Debt

$21,750
Carnegie Mellon
vs
$27,000
Providence

The Analysis

Verdict

Carnegie Mellon University and Providence College are close on paper, but Carnegie Mellon University wins the head-to-head, leading on 6 of the core measures (selectivity, cost, earnings, completion, mobility, and debt). The right pick still depends on how you weight them.

Getting in

Carnegie Mellon University is the harder admit. It takes 12% of applicants, while Providence College takes 51%. Its entering class also posts the higher average SAT, 1,546 to 1,346.

So what: If test scores and a high-scoring peer group matter to you, Carnegie Mellon University sets the higher bar. The less selective school is easier to get into, which can work in your favor rather than against it.

What it costs

On price, Carnegie Mellon University comes out ahead. Its average net price after aid is $31,944, about $16,579 a year below Providence College's $48,523. Graduates of Carnegie Mellon University also borrow less: median debt of $21,750, against $27,000.

So what: Over four years, the gap adds up to about $66,316 before any change in aid. Choosing Carnegie Mellon University leaves that money available for graduate school, savings, or simply less borrowing.

What graduates earn

Ten years after enrollment, Carnegie Mellon University graduates report median earnings of $114,862, compared with $87,054 at Providence College. That is a 32% advantage. Set against borrowing, Carnegie Mellon University has the lower debt-to-earnings ratio, 0.19x to 0.31x.

So what: An earnings gap of 32% this early in a career tends to widen, since raises build on the higher base. Of the measures on this page, this one carries the most financial weight.

Finishing the degree

Carnegie Mellon University graduates a larger share of its students, 93% versus 87%. More of its students stay on track to a degree.

So what: A completion gap of 6% is a risk measure. Students at the school with the lower rate face higher odds of leaving with debt and no degree, the most expensive outcome in higher education.

Moving people up

Carnegie Mellon University does more to move students up the income ladder. Its Chetty mobility rate is 2.2%; at Providence College, it is 0.9%. Carnegie Mellon University also enrolls the larger share of low-income students: 4.1% come from the bottom income quintile, versus 2%.

So what: For first-generation and low-income students, Carnegie Mellon University offers the stronger statistical shot at reaching the top of the income distribution. The gap is wide enough to weigh in any access-minded decision.

Recommendation

Bottom line: pick Carnegie Mellon University to keep costs and debt down.

Data certainty: High. Both schools report 6 of 6 core signals used here, so every comparison above matches reported data against reported data.

Counterintuitive Insights

!

Their academic identities diverge. Carnegie Mellon University concentrates enrollment in Engineering, Computer Science & IT, Mathematics & Statistics, while Providence College leans toward Business & Marketing, Social Sciences, Biology & Biomedical. That split shapes which recruiters come to campus and what your classmates study.

Who Should Look Elsewhere

Carnegie Mellon Not for everyone
  • Business and consulting-track students: Carnegie Mellon University has less business program depth, and Providence College offers the stronger options.
  • Students who want a smaller campus: Carnegie Mellon University's enrollment of 7,304 far exceeds Providence College's 4,229.
Providence Not for everyone
  • Cost-conscious students: net price of $48,523 runs well above Carnegie Mellon University's $31,944.
  • Students minimizing debt: median debt is $27,000, against $21,750 at Carnegie Mellon University.
  • STEM and CS-focused students: tech programs are a smaller part of Providence College's enrollment, and Carnegie Mellon University is stronger here.

Full Data Breakdown

Inside the admissions office

Carnegie Mellon holds onto its admits more tightly: 47% of admitted students enroll, versus 19% at Providence — a sign of how often it wins head-to-head choices. Both reward applying early, but the binding round pays off more at Providence (85.5% Early Decision admit rate vs 20.6%). Early Decision is binding, so it only makes sense if the school is a clear first choice.

Source: each school's published Common Data Set, via collegedata.fyi.

Overview
5 metrics
Private nonprofit
Type
Private nonprofit
Urban
Setting
Urban
Mid-Atlantic
Region
New England
7,304
Enrollment
4,229
No
HBCU
No
Admissions
4 metrics
12%
Acceptance Rate
51%
1546
SAT Average
1346
34
ACT Midpoint
29
1500-1570
SAT Range
1250-1390
Admissions Strategy (Common Data Set)
6 metrics
47%
Yield Rate
19%
SAT Submitted
49%
ACT Submitted
8%
Offered
Early Decision
Offered
20.6%
ED Admit Rate
85.5%
31%
ED Share of Class
38%
Cost & Financial Aid
9 metrics
$66,246
In-State Tuition
$63,550
$66,246
Out-of-State Tuition
$63,550
$31,944
Average Net Price
$48,523
$9,097
Net Price ($0-30K income)
$28,152
$6,994
Net Price ($30-48K)
$21,835
$14,468
Net Price ($48-75K)
$25,296
$51,480
Net Price ($110K+)
$56,699
16%
Pell Grant Rate
13%
34%
Federal Loan Rate
57%
Academics
5 metrics
93%
Graduation Rate
87%
98%
Retention Rate
94%
92%
Full-Time Faculty
72%
$13,972
Faculty Salary (monthly)
$12,190
10%
First-Gen Students
15%
Student Body
6 metrics
47%
Female
58%
22%
White
79%
10%
Hispanic
9%
4%
Black
2%
34%
Asian
1%
0.78
Diversity Index
0.36
Outcomes
6 metrics
$105,360
Earnings (6yr)
$69,326
$105,524
Earnings (8yr)
$73,021
$114,862
Earnings (10yr)
$87,054
$21,750
Median Debt
$27,000
0.19x
Debt-to-Earnings
0.31x
85%
Earning Above HS Grad
84%
Social Mobility (Chetty)
4 metrics
2.19%
Mobility Rate
0.93%
53.2%
Success Rate (bottom 20%)
45.6%
4.1%
From Bottom 20%
2.0%
$182,603
Parent Median Income (today's $)
$189,260
Social Capital
3 metrics
1.83
Economic Connectedness
1.82
-0.01
Friending Bias
0.02
7.1%
Volunteering Rate
4.8%
Research (Times HE)
4 metrics
#20
World Rank
70.3
Teaching Score
79.3
Research Score
95.7
Citations Score
Online Education (IPEDS)
2 metrics
3.5%
% Exclusively Online
1.9%
33.1%
% Any Online
23.2%

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.

Providence College

Providence, RI · Private nonprofit

51% accept 87% grad $87,054 earnings $48,523 net

With an enrollment of about 4,200 students, Providence College is a great fit for those looking for a close-knit community while still enjoying the resources of a larger institution. The college’s emphasis on programs like Business & Marketing, Social Sciences, and Biology & Biomedical sets a clear academic direction for students. The 51% acceptance rate indicates that while it's selective, there are plenty of opportunities for students who are passionate about their fields.

Looking ahead, the average earnings for graduates after ten years is around $87,054. That’s a solid number that reflects the value of a degree from this institution. Graduates are likely to see upward mobility in their careers, which is a significant consideration when choosing a school. The fact that 87% of students graduate suggests a supportive environment that helps students stay on track and achieve their goals.

Financially, the net price after aid stands at $48,523, and the median debt for graduates is $27,000. This debt load is manageable compared to the earning potential, making it a reasonable investment in education. Students who thrive here tend to be those who are engaged in their studies and take advantage of the community support available. Overall, Providence College presents a compelling option for students focused on both academic and career success.

Rankings They Appear On

Carnegie Mellon University is featured on the Highest-Paying Colleges for Visual ranking.

Explore all rankings →

Top Degree Programs

Carnegie Mellon's top program is Mechanical Engineering (23% of enrollment), while Providence leads with Business Administration (42%).

Career Pathways

Program strengths at these schools feed into careers like Software Developer, Data Scientist, Cybersecurity Analyst (for Carnegie Mellon) and Financial Analyst, Management Consultant, Accountant (for Providence).

The two schools feed different job markets. Carnegie Mellon University is strongest in Engineering, Computer Science & IT, Mathematics & Statistics, while Providence College concentrates in Social Sciences, Biology & Biomedical, Psychology. Those concentrations determine which recruiters show up on campus and where alumni cluster by industry. Match the school's program strengths to the field you plan to enter.

Frequently Asked Questions

Is it harder to get into Carnegie Mellon University or Providence College?

Carnegie Mellon University is harder to get into, admitting 12% of applicants compared with 51% at Providence College.

Which is more affordable, Carnegie Mellon University or Providence College?

Carnegie Mellon University is more affordable, with an average net price of $31,944 after aid versus $48,523 at Providence College.

Do Carnegie Mellon University or Providence College graduates earn more?

Carnegie Mellon University graduates earn more: median earnings of $114,862 ten years after enrollment, versus $87,054 at Providence College.

Which has a better graduation rate, Carnegie Mellon University or Providence College?

Carnegie Mellon University has the higher graduation rate, 93% versus 87%.

Carnegie Mellon University vs Providence College: which is better for social mobility?

Carnegie Mellon University is the stronger driver of upward mobility, with a Chetty mobility rate of 2.2% versus 0.9%.

Should you choose Carnegie Mellon University or Providence College?

It depends on what you weigh most. Choose Carnegie Mellon University if affordability and lower debt come first. The two schools win on different measures, so the better fit is the one whose strengths match your priorities.

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Weigh Your Options

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