Your MIT education is an investment that will pay dividends for a lifetime.
About 86% of MIT students graduate debt-free, but those who do borrow have debt at graduation considerably lower than the national average. Based on the most recent data, college graduates who borrowed owed an average of $29,100 in loans. By comparison, members of the MIT Class of 2023 who took out loans graduated with an average debt of $26,195.
At current interest rates, the average MIT student’s monthly loan repayment would be a manageable amount based on typical starting salaries for graduating students.