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Boston University

Boston, MA
privateWebsite
76
Value
Median Earnings (10yr)
$83,238
+55% vs average
Net Price / Year
$24,402
+20% vs average
Graduation Rate
89%
Payback Period
1.2 years
Median Debt
$23,250
Student Body
18,248

Boston University — Earnings vs Cost (vs National Average)

Admission Rate
11%

Boston University at a Glance

Boston University (BU) is a private research university in Boston, Massachusetts, United States. BU was founded in 1839 by a group of Boston Methodists with its original campus in Newbury, Vermont. It was chartered in Boston in 1869. The university is a member of the Association of American Universities and the Boston Consortium for Higher Education.

Founded

1839

187 years old

Endowment

$4.0B

$4.045 billion (2025)

Students

38,093

18,253 undergrad · 18,341 grad

Faculty

3,412

Campus

169 acres

Identity

Motto: "Learning, Virtue, Piety"Athletics: TerriersMascot: Rhett the Boston TerrierColors: Scarlet and whiteAffiliation: Nonsectarian , but historically affiliated with the United Methodist ChurchPresident: Melissa L. Gilliam
Sources:Wikipedia

How to Apply to Boston University

Official admissions page
Test-optionalCommon App member
Early deadline

November 2 (Early Decision)

Application fee

$80

Fee waiver available

Testing policy

Standardized Tests Boston University is test optional for first-year applicants applying through fall 2028 and spring 2029.

Fee waiver

If you are interested in a fee waiver, please begin by reviewing the eligibility guidelines on the Common Application website.
Requirements can change between admissions cycles. Always verify current requirements on the official admissions page before applying.

Is Boston University Worth It?

Boston University delivers solid financial returns for its graduates. At $24,402/year, it's priced 20% above average, while graduates go on to earn $83,238 — 55% above the national average.

The investment pays for itself in just 1.2 years — among the fastest payback periods of any college we track.

With a 89% graduation rate, the vast majority of students finish their degree and reach these earning outcomes.

Admission is competitive with a 11% acceptance rate, so applicants should have strong academic credentials.

Bottom line: Boston University delivers strong financial returns that justify the investment for most students.

How Boston University compares to peer private nonprofit colleges of similar tier in MA

Ranked #7 of 16 on value score. Peers are matched by size, median earnings, SAT, and admission rate — not just geography.

RankCollegeValueNet price / yrMedian earnings
#1University of Chicago100$14,860$91,885
#2Harvard University100$19,066$101,817
#3Columbia University in the City of New York100$21,590$102,491
#4Washington University in St Louis93$21,786$86,182
#5University of Notre Dame90$26,780$99,980
#6Cornell University86$28,690$104,043
#7Boston University76$24,402$83,238

Peer group: private nonprofit colleges within ±60% of Boston University's student body size and within a similar academic tier (SAT ±80, admit rate ±10pp, median earnings ±25%). 3 in MA.

Best Programs at Boston University

The highest-earning program at Boston University is Computer Engineering at $80,000/year (4 years after graduation). The lowest is Drama/Theatre Arts and Stagecraft at $22,700/year.

Your major matters more than the school name — a Computer Engineering graduate from Boston University earns $80,000, while a Drama/Theatre Arts and Stagecraft graduate earns $22,700. That's more than a 2× difference from the same institution. Choose your program carefully — it's the single biggest lever you control.

Debt also varies by program: Computer Engineering graduates carry $26,892 in median debt vs. $27,000 for Drama/Theatre Arts and Stagecraft.

Return on Investment

Estimated 4-Year Cost

$97,608

Based on $24,402/yr net price × 4 years

Earnings Premium

+55%

vs. national average of $53,787/yr

Payback Period

1.2 years

Time to recoup the total cost through higher earnings

10-Year Net Gain

$734,772

Median earnings over 10 years minus total cost of attendance

Programs & Earnings by Major

Graduate earnings data by field of study (4 years after graduation):

MajorEarnings (4yr)Earnings (1yr)Median Debt
Computer Engineering$80,000$80,000$26,892
Computer Science$78,200$78,200$25,000
Electrical, Electronics and Communications Engineering$67,800$67,800$24,944
Mechanical Engineering$66,900$66,900$26,870
Business Administration, Management and Operations$56,300$56,300$25,000
Biomedical/Medical Engineering$55,300$55,300$25,832
Multi/Interdisciplinary Studies, Other$52,600$52,600$24,750
Economics$50,000$50,000$25,000
Hospitality Administration/Management$44,800$44,800$27,000
Mathematics$44,400$44,400$25,000
Communication and Media Studies$42,900$42,900$24,500
Teacher Education and Professional Development, Specific Subject Areas$40,900$40,900$27,000
Social Sciences, Other$40,800$40,800$26,304
Sociology$39,600$39,600$26,000
Biochemistry, Biophysics and Molecular Biology$39,500$39,500$26,963
Design and Applied Arts$39,000$39,000$27,000
Political Science and Government$38,900$38,900$25,750
Social Work$37,000$37,000$27,000
International Relations and National Security Studies$36,200$36,200$26,833
Rehabilitation and Therapeutic Professions$36,200$36,200$27,000
Teacher Education and Professional Development, Specific Levels and Methods$36,100$36,100$27,000
Neurobiology and Neurosciences$35,700$35,700$27,000
Health Services/Allied Health/Health Sciences, General$35,700$35,700$24,000
English Language and Literature, General$34,200$34,200$22,915
Research and Experimental Psychology$34,100$34,100$27,000
Human Development, Family Studies, and Related Services$33,800$33,800$27,000
Psychology, General$33,700$33,700$25,864
Journalism$33,500$33,500$24,475
Radio, Television, and Digital Communication$32,000$32,000$24,402
Biology, General$31,600$31,600$26,515
Romance Languages, Literatures, and Linguistics$31,000$31,000$26,250
Clinical, Counseling and Applied Psychology$30,000$30,000$27,000
Music$29,600$29,600$23,521
Ecology, Evolution, Systematics, and Population Biology$28,500$28,500$25,500
History$28,100$28,100$26,920
Fine and Studio Arts$23,100$23,100$24,500
Drama/Theatre Arts and Stagecraft$22,700$22,700$27,000

Quick Facts

Institution Type
private
Location
Boston, MA
Student Body
18,248 students
Admission Rate
11%
Graduation Rate
89%
Net Price (Annual)
$24,402
Median Earnings (10yr)
$83,238
Median Student Debt
$23,250
Data from the U.S. Department of Education College Scorecard. Median earnings are measured 10 years after enrollment. Net price reflects average cost after grants and scholarships for students receiving federal financial aid. Value scores are calculated using our methodology.