You’ll be in good company if you decide to attend Massachusetts Institute of Technology. It ranked #1 on our 2023 Best Value Chemical Engineering Schools in the New England Region For Those Making $75-$110k list. Cambridge, Massachusetts is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s chemical engineering degrees to 13 students in 2020-2021.
As a testament to the quality of education offered at MIT, the school also landed the #1 spot in our “Best Chemical & Biomolecular Engineering Schools in the New England Region” ranking. The estimated yearly cost for Massachusetts Institute of Technology is $14,291 for new england region chemical engineering students whose families make $75-$110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 98%. With a undergrad student-to-faculty ratio of 3 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low undergrad student loan default rate of 0.3% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read full report on Chemical & Biomolecular Engineering at MIT