Babson vs. MIT

Should I go to Babson College or Massachusetts Institute of Technology? Compare 50+ facts and figures about the colleges to help you determine if Babson or MIT is the better college for you. The CollegeSimply comparison tool allows side-by-side comparison of 50+ statistics and facts for over 2,500 colleges and universities.

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Babson College vs. Massachusetts Institute of Technology comparison
Babson College Massachusetts Institute of Technology College 3 College 4
Babson College Massachusetts Institute of Technology
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Overview

Babson MIT
Location Wellesley, MA Cambridge, MA
Setting Large Suburban Midsize City
Enrollment 3,989 11,858
Type Private 4 Year Private 4 Year
National Ranking #114 #8
Religious Affiliation - - - -
Status Non-profit Non-profit
Website babson.edu mit.edu
Team Colors                    

Costs

Babson MIT
Tuition (In State) $54,944 $57,590
Tuition (Out of State) $54,944 $57,590
Room & Board $19,028 $18,790
Avg Net Price $28,400 $20,232
Avg Grant Aid $30,513 $45,591
% Receiving Grant Aid 68% 71%

Admission

Babson MIT
Admission Chances Calculate Calculate
Applied 7,607 33,767
Admitted 1,700 1,337
Acceptance Rate 22.3% 4%
Enrolled % 38.6% 85%
Avg High School GPA 3.79 3.96
Typical High School Grades A- A-
Admissions Standards Exceptional Elite
Applicant Competition Very High Extreme
ACT Range 30/33 35/36
SAT Range 1350/1510 1530/1580
Submit Test Scores Not required for admission, but considered if submitted (Test Optional) Required to be considered for admission
Application Deadline Jan 3, 2024 Jan 1, 2024

Academics

Babson MIT
Student to Faculty Ratio 16:1 3:1
Popular Majors
  • Business (100%)
  • Engineering (41%)
  • Computer and Information Sciences (13%)
  • Physical Sciences (10%)
  • Mathematics (8%)
  • Biology (8%)

Outcomes

Babson MIT
Graduation Rate 90% 93%
Median Earnings (After 10 years) $108,500 $142,100
Making Student Loan Payments 88% 92%
Median Student Loan Debt $26,000 $17,316
Median Loan Payment $268 $179

Diversity

Babson MIT
% Men 58% 57%
% Women 42% 43%
Racial Diversity Very High Very High
HBCU No No
% White 38% 37%
% Black 5% 6%
% Hispanic 10% 15%
% Native American 0% 0%
% Pacific Islander 0% 0%
% Two or More Races 2% 6%
% International 26% 10%
% Unknown Race 6% 2%

Students

Babson MIT
% In-State 14% 7%
% Out-of-State 59% 81%

Campus

Babson MIT
Campus Housing Yes Yes
Freshman Dorm Required No No
Meal Plan Yes Yes
Weekend/Evening Classes No No
Daycare Facility No Yes
Learn More Details Details

Comparable Facts

  • Massachusetts Institute of Technology is larger than than Babson based on total student enrollment (11,858 students vs. 3,989 students)

Babson vs. MIT Cost Comparison

Which college is more expensive, Babson or MIT?

  • Massachusetts Institute of Technology is 4.8% more expensive to attend than Babson for in-state tuition ($57,590.00 vs. $54,944.00)
  • Out of state tuition is 4.8% higher at MIT than Babson College ($57,590.00 vs. $54,944.00)
  • The typical actual cost that students pay to attend (average net price) is less at Massachusetts Institute of Technology than Babson ($20,232 vs. $28,400)
  • Living costs (room and board or off-campus housing budget) at Massachusetts Institute of Technology are 1.3% lower than costs at Babson College ($18,790 vs. $19,028)
  • More students receive financial grant aid at Massachusetts Institute of Technology than Babson College (71% vs. 68%)
  • The average total grant financial aid received by Massachusetts Institute of Technology students is 49.4% larger than aid received Babson College ($45,591 vs. $30,513)

Babson vs. MIT Admissions Difficulty Comparison

Which college is harder to get into, Babson or MIT? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between MIT or Babson .

  • The average SAT score at Massachusetts Institute of Technology (1507) is 190 points higher than at Babson (1317)
  • Incoming MIT students have a 5 point higher average ACT score (34) than students at Babson (29)
  • Accepted freshman MIT students have a 0.17 point higher average high school GPA (3.96) than students at Babson (3.79)
  • Babson has a higher acceptance rate (22.3%) than MIT (4%)

Babson vs. MIT Graduation Outcomes Comparison

Which is better, Babson or MIT? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between MIT and Babson.

  • The graduation rate at MIT is higher than Babson College (93% vs. 90%)
  • Graduates from Massachusetts Institute of Technology earn on average $33,600 more per year than Babson graduates after ten years. ($142,100 vs. $108,500)
  • Massachusetts Institute of Technology students graduate with a $8,684 lower median federal student loan debt than Babson graduates. ($17,316 vs. $26,000)
  • MIT graduates are paying $89 less per month on federal student loans than Babson graduates. ($179 vs. $268)
  • More MIT graduates are actively paying back their federal student loan debt than former Babson students, three years after graduation. (92% vs. 88%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/