by our College Data Analytics Team
In its yearly rankings, College Factual analyzes over 2,000 colleges and universities to determine which ones are the best in a variety of categories, such as overall value, quality, diversity, which schools are the best for each major, and much more.
Massachusetts Institute of Technology was awarded 435 badges in the 2024 rankings. The highest ranked major at the school is business, management & marketing.
Explore the best ranked schools for the programs you are most interested in.
MIT is ranked #1 out of 2,217 schools in the nation for overall quality on College Factual's 2024 Best Colleges list. MIT has maintained this ranking for at least two years in a row.
Out of the 63 colleges in Massachusetts, MIT is ranked at #1.
See all of the rankings for Massachusetts Institute of Technology.
Massachusetts Institute of Technology has a very low acceptance rate of 4%, making it one of the most selective out of all the colleges and universities in the nation. It's probably a good idea to apply to other schools in addition to MIT just in case you don't make the cut.
At MIT, the student to faculty ratio is an excellent 3 to 1. That's much better than the national average of 15 to 1. This indicates that many classes will probably be small, and students will have ample opportunites to work closely with their professors and classmates.
When estimating how much access students will have to their teachers, some people like to look at what percentage of faculty members are full time. This is because part-time teachers may not have as much time to spend on campus as their full-time counterparts.
The full-time faculty percentage at Massachusetts Institute of Technology is 99%. This is higher than the national average of 47%.
Massachusetts Institute of Technology has a freshmen retention rate of 99%. That's a good sign that full-time students like the school and their professors enough to want to stick around for another year. It's also a sign that the admissions team did a good job in choosing applicants who were a good fit for the school.
Students are considered to have graduated on time if they finish their studies within four years. At MIT the on-time graduation rate of first-time, full-time students is 87%. That is great when compared to the national average of 33.3%
Find out more about the retention and graduation rates at Massachusetts Institute of Technology.
During the 2017-2018 academic year, there were 4,361 undergraduates at MIT with 4,234 being full-time and 127 being part-time.
The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid.Note that the net price is typically less than the published for a school. For more information on the sticker price of MIT, see our tuition and fees and room and board pages.
While almost two-thirds of students nationwide take out loans to pay for college, the percentage may be quite different for the school you plan on attending. At MIT, approximately 6% of students took out student loans averaging $7,235 a year. That adds up to $28,940 over four years for those students.
The student loan default rate at MIT is 0.3%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you'll be able to pay back your student loans.
Get more details about paying for Massachusetts Institute of Technology.
See which majors at Massachusetts Institute of Technology make the most money.
Get more details about the location of Massachusetts Institute of Technology.
Contact details for MIT are given below.
| Contact Details | |
|---|---|
| Address: | 77 Massachusetts Avenue, Cambridge, MA 02139-4307 |
| Phone: | 617-253-1000 |
| Website: | web.mit.edu/ |
| Most Popular Majors | Bachelor’s Degrees | Average Salary of Graduates |
|---|---|---|
| Computer Science | 393 | $118,191 |
| Mechanical Engineering | 134 | $80,396 |
| Mathematics | 117 | $82,796 |
| Physics | 76 | NA |
| Economics | 55 | NA |
| Electrical Engineering | 51 | $104,229 |
| Biomedical Engineering | 49 | $46,651 |
| Aerospace & Aeronautical Engineering | 44 | $72,563 |
| Chemical Engineering | 33 | $81,524 |
| General Biology | 33 | $46,373 |
Online courses area a great option for busy, working students as well as for those who have scheduling conflicts and want to study on their own time. As time goes by, expect to see more and more online learning options become available.
In 2020-2021, 155 students took at least one online class at Massachusetts Institute of Technology. This is a decrease from the 11,254 students who took online classes the previous year.
| Year | Took at Least One Online Class | Took All Classes Online |
|---|---|---|
| 2020-2021 | 155 | 57 |
| 2019-2020 | 11,254 | 7,386 |
| 2018-2019 | 46 | 46 |
| 2017-2018 | 40 | 39 |
| 2016-2017 | 44 | 44 |
Learn more about online learning at Massachusetts Institute of Technology.
If you’re considering Massachusetts Institute of Technology, here are some more schools you may be interested in knowing more about.
Curious on how these schools stack up against MIT? Pit them head to head with College Combat, our free interactive tool that lets you compare college on the features that matter most to you!
Footnotes
*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.
References
More about our data sources and methodologies.