Carnegie Mellon University
Pittsburgh, PA5000 Forbes Avenue, Pittsburgh, PA 15213-3890
412-268-2000
Carnegie Mellon University (CMU) is a private research university in Pittsburgh, Pennsylvania. Founded in 1900 by Andrew Carnegie as the Carnegie Technical Schools, the university became the Carnegie Institute of Technology in 1912 and began granting four-year degrees. In 1967, the Carnegie Institute of Technology merged with the Mellon Institute of Industrial Research to form Carnegie Mellon University. The university's 140-acre (57 ha) main campus is 3 miles (5 km) from Downtown Pittsburgh and abuts the Carnegie Museums of Pittsburgh, which includes the Andy Warhol Museum.
Carnegie Mellon consistently ranks among the top 25 universities in the United States and the top 100 in the world. It is home to the world-renowned Robotics Institute and the School of Computer Science, which is consistently ranked as one of the top computer science programs in the world. The university also has highly regarded programs in engineering, business, public policy, and fine arts.
Carnegie Mellon is a member of the Association of American Universities and is classified as an R1 Doctoral University by the Carnegie Classification of Institutions of Higher Education. The university has an endowment of over $1.8 billion, making it one of the largest university endowments in the world.
Quick Facts
Enrollment: 13519
Acceptance Rate: 17.27%
Type: Private not-for-profit, 4-year or above
Main Website: https://www.cmu.edu/
Financial Aid: https://admission.enrollment.cmu.edu/pages/financial-aid
Annual Costs
Total Cost In-State On-Campus: $76435
Total Cost Out-State On-Campus: $76435
Return on Investment Rating
The estimated cost for four years as an undergraduate at Carnegie Mellon University is $274674.25. This includes the average cost of attendance for four years plus the interest on the average loan over a ten year repayment minus the average of grants and scholarships per student.
We then contrast this figure with average early-career and mid-career average incomes of graduates of four year programs at Carnegie Mellon University. For graduates of Carnegie Mellon University, we saw an average early-career income of $84000.00 and mid-career income of $143400.00. We then ranked the school's value based on how many years of mid-career income it takes to repay the educational costs.