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Harvard University vs Massachusetts Institute of Technology: which has better ROI?

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The verdict

Massachusetts Institute of Technology has the better ROI: it clears its 4-year net cost of $80,444 in 0.8 years versus 1.4 years at Harvard University, on median earnings of $143,372 vs $101,817 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureHarvard UniversityMassachusetts Institute of Technology
Net price / yr$19,066$20,111
Total net cost$76,264$80,444
Median earnings, 10 yrs$101,817$143,372
Median debt$14,000$14,768
Payback1.4 yrs0.8 yrs
20-year net return$992,876$1,819,796

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Harvard University or Massachusetts Institute of Technology?

Harvard University, at $19,066 a year after aid versus $20,111 — a gap of $1,045 a year, or $4,180 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Harvard University or Massachusetts Institute of Technology graduates earn more?

Massachusetts Institute of Technology graduates report a median $143,372 ten years after entry, $41,555 more than the $101,817 at Harvard University. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, Harvard University or Massachusetts Institute of Technology?

Harvard University: its completers carry a median $14,000 in federal loans versus $14,768 at Massachusetts Institute of Technology, a difference of $768. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

98% of students finish at Harvard University, against 96% at Massachusetts Institute of Technology. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

Harvard University vs Massachusetts Institute of Technology: frequently asked questions

Is Harvard University or Massachusetts Institute of Technology a better value?
Massachusetts Institute of Technology. It clears its $80,444 net cost in about 0.8 years versus 1.4 years at Harvard University, on median earnings of $143,372 vs $101,817 ten years out.
Which is cheaper, Harvard University or Massachusetts Institute of Technology?
Harvard University: $19,066/yr net price after aid versus $20,111/yr at Massachusetts Institute of Technology — a difference of $1,045 a year, or about $4,180 over four years.
Do Harvard University or Massachusetts Institute of Technology graduates earn more?
Massachusetts Institute of Technology graduates earn a median $143,372 ten years after entry, versus $101,817 at Harvard University — a $41,555 gap. This blends every major, so a specific field can flip it.