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 Getting Aid 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.
MIT also made our “Best Chemical & Biomolecular Engineering Schools in the New England Region” list, coming in at #1. The estimated yearly cost for MIT is $16,407 for new england region chemical engineering students with aid.
The school has an impressive undergrad student loan default rate. It’s only 0.3%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 98%, which means students like the school well enough to return for a second year. The undergraduate student-to-faculty ratio of 3 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.