Carnegie Mellon University
Private (nonprofit) · Pittsburgh, Pennsylvania · 7,304 undergraduates
Carnegie Mellon University has an average net price of $31,944 per year after grants and scholarships — about $127,776 over four years — versus published tuition of $66,246. Students earn a median of $114,862 ten years after entry , and 94.1% graduate. That gives a 3.6× earnings-to-net-price signal (solid) — meaning roughly 1.1 years of that salary would cover the full four-year net cost.
Source: U.S. Dept. of Education College Scorecard. Data as of June 2026.
Estimate, not advice. Net price and earnings depend heavily on your family income, field of study and personal circumstances. Use Carnegie Mellon University's official net price calculator and the College Scorecard before making a financial decision.
Carnegie Mellon University cost & outcomes at a glance
| Indicator | Carnegie Mellon University |
|---|---|
| Average annual net price (after grants/scholarships) | $31,944 |
| In-state tuition & fees (published) | $66,246 |
| Out-of-state tuition & fees (published) | $66,246 |
| Median earnings 10 years after entry | $114,862 |
| Graduation rate (within 150% of time) | 94.1% |
| Admission rate | 11.7% |
| ROI signal — earnings ÷ annual net price | 3.6× (Solid) |
| Est. years of median earnings to cover 4-yr net cost | 1.1 yrs |
| Undergraduate enrollment | 7,304 |
Source: U.S. Dept. of Education College Scorecard. Data as of June 2026.
Sticker price vs net price
The published ("sticker") tuition at Carnegie Mellon University is $66,246 (private schools charge one rate regardless of state). But most students receive grant or scholarship aid, so the figure that matters is the average net price of $31,944 per year. Net price also excludes loans — it is what families actually pay out of pocket and from savings, on average. Lower-income families typically pay well below this average and higher-income families above it.
How we read the ROI signal
Our ROI signal divides the median 10-year earnings ($114,862) by the average annual net price ($31,944), giving 3.6×. That is earnings are well above the net cost. A related gauge: at the median salary it would take about 1.1 years to earn back the full four-year net cost of $127,776. These are simple, transparent ratios — not a financial return — and earnings reflect only federally-aided students across all majors. See the methodology for the formula and its limits.
Carnegie Mellon University vs peer schools
How Carnegie Mellon University compares with similar schools (same state, then nearest by size and net price):
| School | Net price/yr | Median earnings (10yr) | Grad rate | ROI signal |
|---|---|---|---|---|
| Carnegie Mellon University (this school) | $31,944 | $114,862 | 94.1% | 3.6× |
| Villanova University | $43,756 | $100,423 | 91.9% | 2.3× |
| Lehigh University | $36,931 | $105,584 | 87.9% | 2.9× |
| University of Pennsylvania | $28,699 | $111,371 | 96.5% | 3.9× |
| Bucknell University | $40,766 | $93,807 | 86.3% | 2.3× |
| University of Pittsburgh-Pittsburgh Campus | $30,434 | $66,125 | 85.5% | 2.2× |
| Temple University | $28,198 | $63,727 | 75.0% | 2.3× |
Frequently asked questions
How much does it actually cost to attend Carnegie Mellon University?
The published price is not what most students pay. Tuition & fees are $66,246 (the same for in- and out-of-state at a private school), but the average net price — the cost after grants and scholarships are subtracted — is $31,944 per year, or about $127,776 over four years. Net price varies a lot by family income, so run the school's own net price calculator for your situation. Figures are from the U.S. Dept. of Education College Scorecard; verify before relying on them.
What do Carnegie Mellon University graduates earn?
Median earnings for Carnegie Mellon University students measured 10 years after they first enrolled are $114,862 per year, which ranks in the top 10% (#7) of the 167 schools we track. This figure covers only students who received federal financial aid and blends all fields of study, so individual majors can earn far more or less.
Is Carnegie Mellon University a good value (ROI)?
On our transparent signal — median 10-year earnings divided by the average annual net price — Carnegie Mellon University scores 3.6× (solid): earnings are well above the net cost. By that measure it ranks #76 of 167. It would take roughly 1.1 years of the median salary to cover the full four-year net cost. This is a rough value signal, not a guaranteed return — see the methodology for its limits.
What is the graduation rate at Carnegie Mellon University?
Carnegie Mellon University's completion rate (graduating within 150% of the normal time) is 94.1%, ranking #19 of 167. A higher graduation rate lowers the risk of paying for college without finishing, which is one of the biggest drivers of poor outcomes and student-loan default.
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Sources & accuracy
All figures from the U.S. Dept. of Education College Scorecard (Public domain (U.S. Government work)), latest available institution-level fields, snapshot June 2026. Net price is the average after grant/scholarship aid; earnings are the median for federally-aided students 10 years after entry; the ROI signal and payback years are computed by us (see methodology). These are estimates — verify on the College Scorecard before making any financial decision.
Last updated: 2026-06-20