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Massachusetts Institute of Technology vs Franklin W Olin College of Engineering: which has better ROI?

Private nonprofit, Cambridge MA · vs · Private nonprofit, Needham MA

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 1.2 years at Franklin W Olin College of Engineering, on median earnings of $143,372 vs $129,455 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureMassachusetts Institute of TechnologyFranklin W Olin College of Engineering
Net price / yr$20,111$25,171
Total net cost$80,444$100,684
Median earnings, 10 yrs$143,372$129,455
Median debt$14,768$19,500
Payback0.8 yrs1.2 yrs
20-year net return$1,819,796$1,521,216

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

Which is cheaper, Massachusetts Institute of Technology or Franklin W Olin College of Engineering?

Massachusetts Institute of Technology, at $20,111 a year after aid versus $25,171 — a gap of $5,060 a year, or $20,240 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Massachusetts Institute of Technology or Franklin W Olin College of Engineering graduates earn more?

Massachusetts Institute of Technology graduates report a median $143,372 ten years after entry, $13,917 more than the $129,455 at Franklin W Olin College of Engineering. 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, Massachusetts Institute of Technology or Franklin W Olin College of Engineering?

Massachusetts Institute of Technology: its completers carry a median $14,768 in federal loans versus $19,500 at Franklin W Olin College of Engineering, a difference of $4,732. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

96% of students finish at Massachusetts Institute of Technology, against 96% at Franklin W Olin College of Engineering. 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.

Massachusetts Institute of Technology vs Franklin W Olin College of Engineering: frequently asked questions

Is Massachusetts Institute of Technology or Franklin W Olin College of Engineering a better value?
Massachusetts Institute of Technology. It clears its $80,444 net cost in about 0.8 years versus 1.2 years at Franklin W Olin College of Engineering, on median earnings of $143,372 vs $129,455 ten years out.
Which is cheaper, Massachusetts Institute of Technology or Franklin W Olin College of Engineering?
Massachusetts Institute of Technology: $20,111/yr net price after aid versus $25,171/yr at Franklin W Olin College of Engineering — a difference of $5,060 a year, or about $20,240 over four years.
Do Massachusetts Institute of Technology or Franklin W Olin College of Engineering graduates earn more?
Massachusetts Institute of Technology graduates earn a median $143,372 ten years after entry, versus $129,455 at Franklin W Olin College of Engineering — a $13,917 gap. This blends every major, so a specific field can flip it.