MIT vs. The New School

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

MIT The New School
Location Cambridge, MA New York, NY
Setting Midsize City Large City
Enrollment 11,858 10,108
Type Private 4 Year Private 4 Year
National Ranking #8 #168
Religious Affiliation - - - -
Status Non-profit Non-profit
Website mit.edu newschool.edu
Team Colors                    

Costs

MIT The New School
Tuition (In State) $57,590 $52,926
Tuition (Out of State) $57,590 $52,926
Room & Board $18,790 $26,900
Avg Net Price $20,232 $55,480
Avg Grant Aid $45,591 $21,504
% Receiving Grant Aid 71% 91%

Admission

MIT The New School
Admission Chances Calculate Calculate
Applied 33,767 9,524
Admitted 1,337 5,446
Acceptance Rate 4% 57.2%
Enrolled % 85% 26.1%
Avg High School GPA 3.96 3.59
Typical High School Grades A- B+
Admissions Standards Elite Difficult
Applicant Competition Extreme Low
ACT Range 35/36 26/30
SAT Range 1530/1580 1140/1360
Submit Test Scores Required to be considered for admission Not considered for admission, even if submitted (Test Blind)
Application Deadline Jan 1, 2024

Academics

MIT The New School
Student to Faculty Ratio 3:1 10:1
Popular Majors
  • Engineering (41%)
  • Computer and Information Sciences (13%)
  • Physical Sciences (10%)
  • Mathematics (8%)
  • Biology (8%)
  • Visual and Performing Arts (62%)
  • Liberal Arts and Humanities (12%)
  • Business (11%)
  • Foreign Languages (4%)
  • Social Sciences (3%)

Outcomes

MIT The New School
Graduation Rate 93% 61%
Median Earnings (After 10 years) $142,100 $52,700
Making Student Loan Payments 92% 65%
Median Student Loan Debt $17,316 $23,872
Median Loan Payment $179 $246

Diversity

MIT The New School
% Men 57% 26%
% Women 43% 74%
Racial Diversity Very High Very High
HBCU No No
% White 37% 33%
% Black 6% 6%
% Hispanic 15% 12%
% Native American 0% 0%
% Pacific Islander 0% 0%
% Two or More Races 6% 4%
% International 10% 32%
% Unknown Race 2% 4%

Students

MIT The New School
% In-State 7% 11%
% Out-of-State 81% 54%

Campus

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

Comparable Facts

  • Massachusetts Institute of Technology is larger than than The New School based on total student enrollment (11,858 students vs. 10,108 students)

MIT vs. The New School Cost Comparison

Which college is more expensive, MIT or The New School?

  • Massachusetts Institute of Technology is 8.8% more expensive to attend than The New School for in-state tuition ($57,590.00 vs. $52,926.00)
  • Out of state tuition is 8.8% higher at MIT than The New School ($57,590.00 vs. $52,926.00)
  • The typical actual cost that students pay to attend (average net price) is less at Massachusetts Institute of Technology than The New School ($20,232 vs. $55,480)
  • Living costs (room and board or off-campus housing budget) at Massachusetts Institute of Technology are 43.2% lower than costs at The New School ($18,790 vs. $26,900)
  • More students receive financial grant aid at The New School than Massachusetts Institute of Technology (91% vs. 71%)
  • The average total grant financial aid received by Massachusetts Institute of Technology students is 112% larger than aid received The New School ($45,591 vs. $21,504)

MIT vs. The New School Admissions Difficulty Comparison

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

  • Accepted freshman MIT students have a 0.37 point higher average high school GPA (3.96) than students at The New School (3.59)
  • The New School has a higher acceptance rate (57.2%) than MIT (4%)

MIT vs. The New School Graduation Outcomes Comparison

Which is better, MIT or The New School? 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 The New School and MIT.

  • The graduation rate at MIT is higher than The New School (93% vs. 61%)
  • Graduates from Massachusetts Institute of Technology earn on average $89,400 more per year than The New School graduates after ten years. ($142,100 vs. $52,700)
  • Massachusetts Institute of Technology students graduate with a $6,556 lower median federal student loan debt than The New School graduates. ($17,316 vs. $23,872)
  • MIT graduates are paying $67 less per month on federal student loans than The New School graduates. ($179 vs. $246)
  • More MIT graduates are actively paying back their federal student loan debt than former The New School students, three years after graduation. (92% vs. 65%)

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