Rensselaer Polytechnic Institute logo

Rensselaer Polytechnic Institute

Troy, NY
privateWebsite
59
Value
Median Earnings (10yr)
$102,051
+90% vs average
Net Price / Year
$36,228
+78% vs average
Graduation Rate
83%
Payback Period
1.4 years
Median Debt
$23,750
Student Body
5,714

Rensselaer Polytechnic Institute — Earnings vs Cost (vs National Average)

Admission Rate
63%

Rensselaer Polytechnic Institute at a Glance

Rensselaer Polytechnic Institute is a private research university in Troy, New York, United States. It is the oldest technological university in the English-speaking world and in the Western Hemisphere. Stephen Van Rensselaer and Amos Eaton established RPI in 1824 for the "application of science to the common purposes of life".

Founded

1824

202 years old

Endowment

$1.0B

$1.02 billion (2025)

Students

8,142

6,203 undergrad · 1,366 grad

Faculty

488

Campus

265 acres

Identity

Motto: "Knowledge and Thoroughness"Athletics: EngineersMascot: Red Hawks PuckmanColors: Cherry and whiteAffiliation: NAICU AITU Space-grantPresident: Martin A. Schmidt
Sources:Wikipedia

How to Apply to Rensselaer Polytechnic Institute

Official admissions page
Test-optionalCommon App member
Early deadline

November 1 (Early Decision I)

Application fee

$70

Fee waiver available

Fee waiver

To apply, submit one of the following: SAT Request for Waiver of College Application Fee form ACT, College Bound, or NACAC Fee Waiver form An official letter from your counselor, principal, or school official Email the f
Requirements can change between admissions cycles. Always verify current requirements on the official admissions page before applying.

Is Rensselaer Polytechnic Institute Worth It?

Rensselaer Polytechnic Institute offers moderate value at $36,228/year net price. Graduates earn a median of $102,051, which is near the national average. Students should research specific program outcomes before committing.

The investment pays for itself in just 1.4 years — among the fastest payback periods of any college we track.

The 83% graduation rate means roughly 17% of students leave without a degree — taking on debt without the earnings boost that completion brings.

How Rensselaer Polytechnic Institute compares to peer private nonprofit colleges of similar tier nationally

Ranked #2 of 7 on value score. Peers are matched by size, median earnings, SAT, and admission rate — not just geography.

RankCollegeValueNet price / yrMedian earnings
#1Milwaukee School of Engineering69$22,453$89,070
#2Rensselaer Polytechnic Institute59$36,228$102,051
#3Worcester Polytechnic Institute54$43,071$103,470
#4Stonehill College46$33,016$77,745
#5Southern Methodist University40$40,892$78,354
#6American University36$41,943$77,370

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

Best Programs at Rensselaer Polytechnic Institute

The highest-earning program at Rensselaer Polytechnic Institute is Computer Science at $91,900/year (4 years after graduation). The lowest is Design and Applied Arts at $33,600/year.

Your major matters more than the school name — a Computer Science graduate from Rensselaer Polytechnic Institute earns $91,900, while a Design and Applied Arts graduate earns $33,600. 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 Science graduates carry $26,000 in median debt vs. $25,000 for Design and Applied Arts.

Return on Investment

Estimated 4-Year Cost

$144,912

Based on $36,228/yr net price × 4 years

Earnings Premium

+90%

vs. national average of $53,787/yr

Payback Period

1.4 years

Time to recoup the total cost through higher earnings

10-Year Net Gain

$875,598

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 Science$91,900$91,900$26,000
Computer Engineering Technologies/Technicians$88,400$88,400$25,765
Electrical, Electronics and Communications Engineering$74,000$74,000$25,250
Industrial Engineering$72,200$72,200$25,255
Mathematics$70,500$70,500$23,250
Aerospace, Aeronautical and Astronautical Engineering$69,000$69,000$26,574
Mechanical Engineering$66,700$66,700$24,500
Biomedical/Medical Engineering$66,500$66,500$27,000
Chemical Engineering$66,000$66,000$27,000
Civil Engineering$66,000$66,000$27,000
Physics$65,300$65,300$27,000
Nuclear Engineering$63,900$63,900$27,000
Materials Engineering$63,300$63,300$27,000
Business Administration, Management and Operations$57,700$57,700$25,116
Environmental/Environmental Health Engineering$57,400$57,400$23,750
Architecture$50,200$50,200$31,000
Design and Applied Arts$33,600$33,600$25,000

Quick Facts

Institution Type
private
Location
Troy, NY
Student Body
5,714 students
Admission Rate
63%
Graduation Rate
83%
Net Price (Annual)
$36,228
Median Earnings (10yr)
$102,051
Median Student Debt
$23,750
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.