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Private nonprofit · 4-year

Franklin W Olin College of Engineering

Needham, Massachusetts

88
A
DR Rating
DegreeReturn Rating — Excellent value

A 0–100 composite of ROI, graduate earnings, net price, debt and graduation rate. How it’s scored.

Strong return
+$617,630 over 10 years

Estimated for a typical student paying the average net price over 4 years.

Graduate earnings clearly outpace the cost and debt — this degree pays back quickly.

1.5 yrs
Break-even
+573%
10-year ROI
$117,542
Median earnings as of 2024

The numbers behind the verdict

$25,171
Average net price / yr as of 2024
$117,542
Median earnings (5 yr) as of 2024
$98,523
Median earnings (1 yr) as of 2024
$19,500
Median debt at graduation as of 2024
96%
Graduation rate as of 2024
Earn more than a HS grad as of 2024
Repaying their loans (3 yr) as of 2024
98%
Retention rate as of 2024

Lifetime ROI: the long view

Cumulative net gain over a high-school-only earner at different career lengths, with tuition and debt interest already subtracted. Built on IRS-verified federal earnings — not self-reported surveys.

$617,630
After 10 years
$1,343,050
After 20 years
$2,068,470
After 30 years
$2,793,890
After 40 years

Conservative: holds year-5 earnings flat (no raises). Adjust the assumptions, or see the highest 20-year ROI colleges.

Equity & access

Who the college serves and whether the payoff reaches everyone — earnings ten years after starting (IRS-linked), with access measures from federal enrollment data.

First-generation students
25%
Take federal student loans
Born in the U.S.
Who studies here
White 42%Hispanic 13%Asian 24%Black 2%Other 20%

Undergraduate enrollment by race/ethnicity. Federal data does not report earnings by race.

Net price by family income

What students actually pay after grants and scholarships, by household income as of 2024.

Family incomeAverage net price / yr
Family income $0–$30k
$30k–$48k$3,100
$48k–$75k$9,528
$75k–$110k$12,271
$110k+$27,096

How Franklin W Olin College of Engineering compares

This college against the Massachusetts and national averages — higher earnings and lower cost/debt are better.

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Best-paying majors at Franklin W Olin College of Engineering

Fields of study ranked by their own ROI — earnings five years after graduating against the cost and debt. Click a major for the deep dive.

MajorCredentialEarnings (5 yr)Median debt10-yr ROIVerdict
Engineering, GeneralAssociate's$128,427$14,512+1,400%Strong return
Mechanical EngineeringAssociate's$106,657+1,125%Strong return

Calculate your own ROI

Adjust the assumptions for your situation — the verdict, break-even and chart update live.

ROI at Franklin W Olin College of Engineering

Estimates from federal data; your result will vary. How this works.

10-yr net gain
Break-even
10-yr ROI

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Admissions & profile

25%
Admission rate
1,520
Average SAT
35
Median ACT
377
Undergraduates

Location

Source: U.S. Department of Education, College Scorecard. ROI is computed by Degree Return — see how. Read the methodology. Data as of 2024.

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