Best Value Colleges in Massachusetts

The state of Massachusetts is small, but it has several institutions of higher learning for those who wish to earn more money than a high school diploma can offer them.  Read More

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1Babson College(Private)
20 Year Net ROI$812,800
Total 4 Year Cost$230,200
Grad Rate91%
Time to Graduate4 Years
Loan Amt$31,880
2Massachusetts Institute of Technology (MIT)(Private)
20 Year Net ROI$798,500
Total 4 Year Cost$224,500
Grad Rate93%
Time to Graduate4 Years
Loan Amt$33,680
3Worcester Polytechnic Institute (WPI)(Private)
20 Year Net ROI$722,100
Total 4 Year Cost$220,900
Grad Rate81%
Time to Graduate4 Years
Loan Amt$43,600
4Massachusetts Maritime Academy(In-State)
20 Year Net ROI$694,500
Total 4 Year Cost$88,500
Grad Rate67%
Time to Graduate4 Years
Loan Amt$31,080
5Harvard University(Private)
20 Year Net ROI$646,100
Total 4 Year Cost$227,000
Grad Rate97%
Time to Graduate4 Years
Loan Amt$25,080
6Massachusetts Maritime Academy(Out-of-State)
20 Year Net ROI$636,000
Total 4 Year Cost$147,000
Grad Rate67%
Time to Graduate4 Years
Loan Amt$31,080
7Bentley University(Private)
20 Year Net ROI$546,600
Total 4 Year Cost$216,400
Grad Rate87%
Time to Graduate4 Years
Loan Amt$27,520
8University of Massachusetts (UMass) - Lowell Campus(In-State)
20 Year Net ROI$545,400
Total 4 Year Cost$97,600
Grad Rate54%
Time to Graduate5 Years
Loan Amt$28,080
9College of the Holy Cross(Private)
20 Year Net ROI$511,600
Total 4 Year Cost$221,400
Grad Rate91%
Time to Graduate4 Years
Loan Amt$30,080
10Wentworth Institute of Technology(Private)
20 Year Net ROI$493,600
Total 4 Year Cost$169,400
Grad Rate63%
Time to Graduate4 Years
Loan Amt$36,960
11University of Massachusetts (UMass) - Lowell Campus(Out-of-State)
20 Year Net ROI$493,500
Total 4 Year Cost$149,500
Grad Rate54%
Time to Graduate5 Years
Loan Amt$28,080
12Western New England College(Private)
20 Year Net ROI$477,200
Total 4 Year Cost$185,900
Grad Rate60%
Time to Graduate4 Years
Loan Amt$41,200
13Tufts University(Private)
20 Year Net ROI$474,700
Total 4 Year Cost$231,400
Grad Rate92%
Time to Graduate4 Years
Loan Amt$25,360
14Boston College(Private)
20 Year Net ROI$472,300
Total 4 Year Cost$230,700
Grad Rate91%
Time to Graduate4 Years
Loan Amt$18,640
15Northeastern University(Private)
20 Year Net ROI$462,700
Total 4 Year Cost$220,300
Grad Rate83%
Time to Graduate5 Years
Loan Amt$25,640

*NOTE: Unranked schools on this list don’t have on-campus living options, so on-campus costs are not available. would like to help you narrow down the very long list of possibilities that you and your child or client have to choose from in this state. Our college ROI report for Massachusetts ranks colleges by their net 20-year ROI so that you can see the financial benefit that alumni who earn a bachelor's degree from each school can expect.

The educational institution that provides students with the best value of college education Massachusetts has a high net 20-year ROI for those who live on campus. The school in our top position is the private Babson College that is located in Wellesley. This educational institution costs students $230,200 to attend and offers them the highest net 20-year ROI in the state at $812,800 for students who live on campus. Financial aid reduces students' costs, so their net 20-year ROI was calculated to be $946,500.

Babson may not be the first college that comes to mind when you think of Massachusetts colleges, but if you are interested in an undergraduate business degree, Babson, which also topped Money Magazine's Best Colleges for Your Money ranking, is the best value colleges Massachusetts can offer.

Many notable people graduated from Babson College, and two of them come from some of the most prominent families in the auto industry. Alum Akio Toyoda is currently President and CEO of the Toyota Motor Corporation, and alum Edsel Ford II is the Director of the Ford Motor Company. This list also includes world-renowned athletes, including Olympic Gold Medalist Alexandra Raisman and former NFL player Matt Chatham.

Second in our Massachusetts college ROI report rankings is Massachusetts Institute of Technology (MIT) in Cambridge. Educational costs for students who live on campus are comparable to our first entry at $224,500, and the net 20-year ROI is not far behind either at $798,500. The net 20-year ROI for students who receive financial aid is equal to $943,600. This school is the optimal choice for students who are interested in engineering, management, science, digital arts and technology.

MIT also has an impressive list of people who graduated from this school. For example, Buzz Aldrin, Kofi Annan, Ben Bernanke, Benjamin Netanyahu and Tom Scholz all graduated from MIT. Surprisingly, so did movie star Will Smith.

Worcester Polytechnic Institute came in third. It costs $220,900 to attend this school. After graduation, students who lived on campus enjoy the very high net 20-year ROI of $720,100. As is customary, students who received financial aid have a higher net 20-year ROI at $796,800. Worcester Polytechnic Institute has a distinguished list of graduates that includes Elwood Haynes, William Hobbs, Kotaro Shimomura, John Woodman Higgins and Robert H. Goddard.

The number four spot on our list of the best value colleges in Massachusetts is occupied by a public school you may never have heard of -- the Massachusetts Maritime Academy. The net 20-year ROI for this school is $694,500. How does a public maritime school beat out fifth-place Harvard University in terms of return on investment? Students who attend MMA study a small group of majors, most in the engineering family, whereas Harvard students study a wide variety of subjects and therefore go into a wider variety of jobs, with a resulting large variance in salary.

With so many great choices in public and private colleges and universities, it would be very difficult and time-consuming for you to determine which options provide the college return on investment Massachusetts that you can accept.