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New study ranks best colleges, universities in Massachusetts

By Frank O'Laughlin, Boston 25 News Staff

MIT Campus CAMBRIDGE, MA - FEBRUARY 22: The Maclaurin Building is shown on the campus of the Massachusetts Institute of Technology February 22, 2006 in Cambridge, Massachusetts. The Institute admitted its first students in 1865 and continues with the mission to advance knowledge and educate students in science, technology, and other areas of scholarship. (Photo by Joe Raedle/Getty Images) (Joe Raedle/Getty Images)

By Frank O'Laughlin, Boston 25 News Staff

CAMBRIDGE, Mass. — Massachusetts is home to some of the very best colleges and universities in the United States.

With the first “early decision” college-application deadline looming on Nov. 1, and tuition and room and board at a four-year college costing around $23,000 - $52,000 per year, WalletHub released its 2023′s Best College & University Rankings report on Monday.

In an effort to help college-bound seniors choose the best schools within their states, the personal-finance website says it compared over 900 institutions based on 30 key measures grouped into seven categories, such as student selectivity, cost and financing, and career outcomes. The data set ranged from student-faculty ratio to graduation rate to post-attendance median salary.

The Massachusetts Institute of Technology in Cambridge was ranked the top higher-education institute in the country, followed by Yale University, the California Institute of Technology, Princeton University, and Harvard University.

Here’s how MIT rated out in WalletHub’s ranking:

  • 1st – Admission Rate
  • 21st – Net Cost
  • 1st – Student-Faculty Ratio
  • 25th – On-Campus Crime
  • 1st – Gender & Racial Diversity
  • 2nd – Graduation Rate
  • 1st – Post-Attendance Median Salary

The top 10 colleges and universities in Massachusetts are as follows, according to the study:

  1. Massachusetts Institute of Technology
  2. Harvard University
  3. Wellesley College
  4. Amherst College
  5. Northeastern University
  6. Tufts University
  7. Boston College
  8. College of the Holy Cross
  9. Boston University
  10. Brandeis University

This is a developing story. Check back for updates as more information becomes available.

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