MIT vs. Lafayette College

Should I go to Massachusetts Institute of Technology or Lafayette College? Compare 50+ facts and figures about the colleges to help you determine if MIT or Lafayette College 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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Massachusetts Institute of Technology vs. Lafayette College comparison
Massachusetts Institute of Technology Lafayette College College 3 College 4
Massachusetts Institute of Technology Lafayette College
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Overview

MIT Lafayette College
Location Cambridge, MA Easton, PA
Setting Midsize City Large Suburban
Enrollment 11,858 2,729
Type Private 4 Year Private 4 Year
National Ranking #8 #65
Religious Affiliation - Presbyterian Church (USA) - -
Status Non-profit Non-profit
Website mit.edu lafayette.edu
Team Colors                    

Costs

MIT Lafayette College
Tuition (In State) $57,590 $58,110
Tuition (Out of State) $57,590 $58,110
Room & Board $18,790 $17,336
Avg Net Price $20,232 $37,186
Avg Grant Aid $45,591 $24,981
% Receiving Grant Aid 71% 98%

Admission

MIT Lafayette College
Admission Chances Calculate Calculate
Applied 33,767 10,500
Admitted 1,337 3,531
Acceptance Rate 4% 33.6%
Enrolled % 85% 21.4%
Avg High School GPA 3.96 3.53
Typical High School Grades A- B+
Admissions Standards Elite Exceptional
Applicant Competition Extreme High
ACT Range 35/36 30/33
SAT Range 1530/1580 1330/1480
Submit Test Scores Required to be considered for admission Not required for admission, but considered if submitted (Test Optional)
Application Deadline Jan 1, 2024 Jan 15, 2024

Academics

MIT Lafayette College
Student to Faculty Ratio 3:1 10:1
Popular Majors
  • Engineering (41%)
  • Computer and Information Sciences (13%)
  • Physical Sciences (10%)
  • Mathematics (8%)
  • Biology (8%)
  • Social Sciences (33%)
  • Engineering (19%)
  • Biology (10%)
  • Psychology (8%)
  • English and Literature (8%)

Outcomes

MIT Lafayette College
Graduation Rate 93% 88%
Median Earnings (After 10 years) $142,100 $81,000
Making Student Loan Payments 92% 91%
Median Student Loan Debt $17,316 $26,000
Median Loan Payment $179 $268

Diversity

MIT Lafayette College
% Men 57% 50%
% Women 43% 50%
Racial Diversity Very High Medium
HBCU No No
% White 37% 67%
% Black 6% 5%
% Hispanic 15% 6%
% Native American 0% 0%
% Pacific Islander 0% 0%
% Two or More Races 6% 2%
% International 10% 9%
% Unknown Race 2% 7%

Students

MIT Lafayette College
% In-State 7% 16%
% Out-of-State 81% 76%

Campus

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

Comparable Facts

  • Massachusetts Institute of Technology is larger than than Lafayette College based on total student enrollment (11,858 students vs. 2,729 students)

MIT vs. Lafayette College Cost Comparison

Which college is more expensive, MIT or Lafayette College?

  • Lafayette College is 0.9% more expensive to attend than MIT for in-state tuition ($58,110.00 vs. $57,590.00)
  • Out of state tuition is 0.9% higher at Lafayette College than Massachusetts Institute of Technology ($58,110.00 vs. $57,590.00)
  • The typical actual cost that students pay to attend (average net price) is less at Massachusetts Institute of Technology than Lafayette College ($20,232 vs. $37,186)
  • Living costs (room and board or off-campus housing budget) at Lafayette College are 8.4% lower than costs at Massachusetts Institute of Technology ($17,336 vs. $18,790)
  • More students receive financial grant aid at Lafayette College than Massachusetts Institute of Technology (98% vs. 71%)
  • The average total grant financial aid received by Massachusetts Institute of Technology students is 82.5% larger than aid received Lafayette College ($45,591 vs. $24,981)

MIT vs. Lafayette College Admissions Difficulty Comparison

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

  • The average SAT score at Massachusetts Institute of Technology (1507) is 213 points higher than at Lafayette College (1294)
  • Incoming MIT students have a 5 point higher average ACT score (34) than students at Lafayette College (29)
  • Accepted freshman MIT students have a 0.43 point higher average high school GPA (3.96) than students at Lafayette College (3.53)
  • Lafayette College has a higher acceptance rate (33.6%) than MIT (4%)

MIT vs. Lafayette College Graduation Outcomes Comparison

Which is better, MIT or Lafayette College? 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 Lafayette College and MIT.

  • The graduation rate at MIT is higher than Lafayette College (93% vs. 88%)
  • Graduates from Massachusetts Institute of Technology earn on average $61,100 more per year than Lafayette College graduates after ten years. ($142,100 vs. $81,000)
  • Massachusetts Institute of Technology students graduate with a $8,684 lower median federal student loan debt than Lafayette College graduates. ($17,316 vs. $26,000)
  • MIT graduates are paying $89 less per month on federal student loans than Lafayette College graduates. ($179 vs. $268)
  • More MIT graduates are actively paying back their federal student loan debt than former Lafayette College students, three years after graduation. (92% vs. 91%)

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