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2022 best colleges in Massachusetts best-colleges

When it comes to elite universities and colleges, Massachusetts stands alone.  Most of the storied private universities are based in and around Boston, and the excellent liberal arts schools are spread throughout beautiful small towns and villages radiating old colonial New England charm. But while UMass Amherst does headline a very good public University network, Massachusetts really can't hold much of a candle to the public networks in larger states like California or New York. 

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Net cost: The median annual cost of all students that receive any aid. This does not refer to the “sticker price”, the price listed by the college.

Earnings: The median earnings of all bachelor-level students 10 years after enrollment. This includes both students that do and do not graduate, across all majors.

Payback: The amount of time in years it takes to pay off the median net cost by the median earnings. For this calculation, the median earning of high school graduates (in the school’s home state) are deducted from the median earnings.

Degree premium: The difference between the school’s median earnings and the median earnings for all schools in the same state. This is called “Vs. state average” in school profiles below.

Ranking: The payback rate is divided by the degree premium (set as a percentage), the lower the number the higher the rank. (i.e. payback=1, degree premium 20% higher than state school median: 1/120% = .883.

Net cost
Earnings
Payback
Degree premium
Rankings
Ranking methodology
#1 in Massachusetts

Massachusetts Institute of Technology

Cambridge, Massachusetts

Admission rate: 8%

Grad rate: 96%

Net cost: $16,636

Payback: Under a year

Earnings: $111,222

Vs. state average: + $43,464

Economic score: 0.50

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#2 in Massachusetts

Franklin W Olin College of Engineering

Needham, Massachusetts

Admission rate: 17%

Grad rate: 94%

Net cost: $20,540

Payback: Under a year

Earnings: $132,969

Vs. state average: + $65,211

Economic score: 0.51

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#3 in Massachusetts

Harvard University

Cambridge, Massachusetts

Admission rate: 6%

Grad rate: 98%

Net cost: $15,386

Payback: 1.1 Years

Earnings: $84,918

Vs. state average: + $17,160

Economic score: 0.89

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#4 in Massachusetts

Massachusetts Maritime Academy

Buzzards Bay, Massachusetts

Admission rate: 93%

Grad rate: 78%

Net cost: $20,485

Payback: 1.4 Years

Earnings: $91,668

Vs. state average: + $23,910

Economic score: 1.00

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#5 in Massachusetts

MCPHS University

Boston, Massachusetts

Admission rate: 92%

Grad rate: 80%

Net cost: $37,712

Payback: 1.8 Years

Earnings: $118,171

Vs. state average: + $50,413

Economic score: 1.03

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#6 in Massachusetts

Babson College

Wellesley, Massachusetts

Admission rate: 27%

Grad rate: 92%

Net cost: $34,606

Payback: 1.8 Years

Earnings: $106,595

Vs. state average: + $38,837

Economic score: 1.12

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#7 in Massachusetts

Bentley University

Waltham, Massachusetts

Admission rate: 58%

Grad rate: 88%

Net cost: $38,986

Payback: 2.5 Years

Earnings: $107,974

Vs. state average: + $40,216

Economic score: 1.55

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#8 in Massachusetts

Boston College

Chestnut Hill, Massachusetts

Admission rate: 27%

Grad rate: 91%

Net cost: $35,899

Payback: 2.2 Years

Earnings: $93,021

Vs. state average: + $25,263

Economic score: 1.61

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#9 in Massachusetts

Amherst College

Amherst, Massachusetts

Admission rate: 12%

Grad rate: 93%

Net cost: $18,524

Payback: 1.7 Years

Earnings: $71,567

Vs. state average: + $3,809

Economic score: 1.64

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#10 in Massachusetts

Williams College

Williamstown, Massachusetts

Admission rate: 16%

Grad rate: 96%

Net cost: $19,480

Payback: 1.8 Years

Earnings: $71,608

Vs. state average: + $3,850

Economic score: 1.71

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#11 in Massachusetts

Worcester Polytechnic Institute

Worcester, Massachusetts

Admission rate: 60%

Grad rate: 88%

Net cost: $39,756

Payback: 2.6 Years

Earnings: $89,405

Vs. state average: + $21,647

Economic score: 2.00

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#12 in Massachusetts

College of the Holy Cross

Worcester, Massachusetts

Admission rate: 38%

Grad rate: 92%

Net cost: $37,292

Payback: 2.6 Years

Earnings: $84,653

Vs. state average: + $16,895

Economic score: 2.11

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#13 in Massachusetts

Boston University

Boston, Massachusetts

Admission rate: 21%

Grad rate: 88%

Net cost: $30,259

Payback: 2.6 Years

Earnings: $75,642

Vs. state average: + $7,884

Economic score: 2.29

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#14 in Massachusetts

University of Massachusetts-Lowell

Lowell, Massachusetts

Admission rate: 76%

Grad rate: 61%

Net cost: $19,119

Payback: 2.3 Years

Earnings: $65,584

Vs. state average: - $2,174

Economic score: 2.34

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#15 in Massachusetts

Wellesley College

Wellesley, Massachusetts

Admission rate: 21%

Grad rate: 93%

Net cost: $22,087

Payback: 2.3 Years

Earnings: $66,531

Vs. state average: - $1,227

Economic score: 2.36

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#16 in Massachusetts

Merrimack College

North Andover, Massachusetts

Admission rate: 82%

Grad rate: 72%

Net cost: $33,650

Payback: 2.8 Years

Earnings: $76,392

Vs. state average: + $8,634

Economic score: 2.49

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#17 in Massachusetts

Northeastern University

Boston, Massachusetts

Admission rate: 21%

Grad rate: 88%

Net cost: $31,093

Payback: 3.0 Years

Earnings: $79,786

Vs. state average: + $12,028

Economic score: 2.57

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#18 in Massachusetts

University of Massachusetts-Dartmouth

North Dartmouth, Massachusetts

Admission rate: 77%

Grad rate: 56%

Net cost: $18,503

Payback: 2.5 Years

Earnings: $60,711

Vs. state average: - $7,047

Economic score: 2.78

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#19 in Massachusetts

Brandeis University

Waltham, Massachusetts

Admission rate: 34%

Grad rate: 88%

Net cost: $31,165

Payback: 3.0 Years

Earnings: $70,327

Vs. state average: + $2,569

Economic score: 2.88

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#20 in Massachusetts

Wentworth Institute of Technology

Boston, Massachusetts

Admission rate: 94%

Grad rate: 65%

Net cost: $36,113

Payback: 3.2 Years

Earnings: $75,515

Vs. state average: + $7,757

Economic score: 2.88

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