Best Value Colleges in Massachusetts

Massachusetts is a tiny state, but it's home to a huge number of colleges and universities.  Read More

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1Massachusetts Institute of Technology (MIT)(Private)
20 Year Net ROI$959,000
Total 4 Year Cost$240,000
Grad Rate91%
Time to Graduate4 Years
Loan Amt$32,200
2Massachusetts Maritime Academy(In-State)
20 Year Net ROI$773,000
Total 4 Year Cost$89,900
Grad Rate70%
Time to Graduate4 Years
Loan Amt$32,000
3Worcester Polytechnic Institute (WPI)(Private)
20 Year Net ROI$752,000
Total 4 Year Cost$235,000
Grad Rate85%
Time to Graduate4 Years
Loan Amt$43,000
4Babson College(Private)
20 Year Net ROI$726,000
Total 4 Year Cost$246,000
Grad Rate90%
Time to Graduate4 Years
Loan Amt$30,000
5Massachusetts Maritime Academy(Out-of-State)
20 Year Net ROI$712,000
Total 4 Year Cost$151,000
Grad Rate70%
Time to Graduate4 Years
Loan Amt$32,000
6Harvard University(Private)
20 Year Net ROI$700,000
Total 4 Year Cost$244,000
Grad Rate98%
Time to Graduate4 Years
Loan Amt$20,300
7Bentley University(Private)
20 Year Net ROI$579,000
Total 4 Year Cost$232,000
Grad Rate88%
Time to Graduate4 Years
Loan Amt$29,900
8University of Massachusetts (UMass) - Lowell Campus(In-State)
20 Year Net ROI$568,000
Total 4 Year Cost$104,000
Grad Rate54%
Time to Graduate5 Years
Loan Amt$28,500
9Massachusetts College of Pharmacy and Health Sciences(Private)
20 Year Net ROI$566,000
Total 4 Year Cost$189,000
Grad Rate71%
Time to Graduate4 Years
Loan Amt$56,000
10Wentworth Institute of Technology(Private)
20 Year Net ROI$516,000
Total 4 Year Cost$192,000
Grad Rate64%
Time to Graduate4 Years
Loan Amt$35,200
11University of Massachusetts (UMass) - Lowell Campus(Out-of-State)
20 Year Net ROI$510,000
Total 4 Year Cost$161,000
Grad Rate54%
Time to Graduate5 Years
Loan Amt$28,500
12Williams College(Private)
20 Year Net ROI$504,000
Total 4 Year Cost$252,000
Grad Rate95%
Time to Graduate4 Years
Loan Amt$21,700
13Boston College(Private)
20 Year Net ROI$494,000
Total 4 Year Cost$248,000
Grad Rate91%
Time to Graduate4 Years
Loan Amt$18,000
14Tufts University(Private)
20 Year Net ROI$456,000
Total 4 Year Cost$249,000
Grad Rate92%
Time to Graduate4 Years
Loan Amt$29,900
15Northeastern University(Private)
20 Year Net ROI$445,000
Total 4 Year Cost$237,000
Grad Rate82%
Time to Graduate5 Years
Loan Amt$25,400

*NOTE: Unranked schools on this list don’t have on-campus living options, so on-campus costs are not available.

PayScale can help you narrow down the very long list of possibilities that you have to choose from with our college ROI data. By treating tuition like any other investment, we use our salary database to calculate the best value colleges in Massachusetts so that you can determine if a particular school is a good investment.

Massachusetts is home to the Massachusetts Institute of Technology, which, located in Cambridge, is world famous for its science, engineering, technology, math and design programs. Attending MIT isn't exactly cheap, but the school is the optimal choice for students who are interested in engineering, management, science, digital arts and technology. If you attend MIT, you'll join an impressive list of alumni including Buzz Aldrin, Kofi Annan, Ben Bernanke, Benjamin Netanyahu and Tom Scholz. Surprisingly, movie star Will Smith is also an MIT alum.

Another educational institution that provides students with a high ROI is Babson College, located in Wellesley. Babson may not be the most well-known 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 in 2014, is an excellent choice. 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.

Worcester Polytechnic Institute is another excellent educational value for students interested in an engineering or technical career. Worcester Polytechnic Institute has a distinguished list of graduates that includes Elwood Haynes, William Hobbs, Kotaro Shimomura, John Woodman Higgins and Robert H. Goddard.

Probably the most famous school in Massachusetts is Harvard University. This Ivy League academic powerhouse produces alumni who earn a wide variety of degrees beyond STEM, with a big focus on liberal arts subjects, humanities, social sciences, and more.