Best research universities by ROI
Doctoral universities in Carnegie 2021 basic groups 15–17 (very high, high, and moderate research activity), bachelor’s-predominant filter, ranked by 10-year ROI.
Method notes
- Underlying institution file: EDsmart Data processed College Scorecard extract merged to IPEDS 2023 directory for HBCU and Carnegie fields.
- ROI column matches the processed college_roi_rankings series in this site build; see College Scorecard ROI methodology.
- School profile links use generated slugs; not every campus has a published profile page yet—use the Scorecard site as fallback.
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Leaderboard
| Rank | Institution | State | Control | Enrollment | Primary metric | Also see |
|---|---|---|---|---|---|---|
| 1 | California Institute of Technology | CA | Private nonprofit | 987 | $595,878 | Grad 94.4% · Net $16,075 |
| 2 | Massachusetts Institute of Technology | MA | Private nonprofit | 4,535 | $582,508 | Grad 96.4% · Net $20,111 |
| 3 | Stanford University | CA | Private nonprofit | 7,554 | $491,118 | Grad 91.9% · Net $13,807 |
| 4 | Princeton University | NJ | Private nonprofit | 5,709 | $490,486 | Grad 97.6% · Net $6,128 |
| 5 | Georgia Institute of Technology-Main Campus | GA | Public | 18,785 | $417,020 | Grad 94.0% · Net $12,116 |
| 6 | Harvard University | MA | Private nonprofit | 7,601 | $408,944 | Grad 97.6% · Net $19,066 |
| 7 | Carnegie Mellon University | PA | Private nonprofit | 7,304 | $381,661 | Grad 94.1% · Net $31,944 |
| 8 | Columbia University in the City of New York | NY | Private nonprofit | 8,973 | $375,459 | Grad 96.1% · Net $21,590 |
| 9 | University of Pennsylvania | PA | Private nonprofit | 10,650 | $359,630 | Grad 96.5% · Net $28,699 |
| 10 | University of Chicago | IL | Private nonprofit | 7,569 | $359,160 | Grad 95.9% · Net $14,860 |
| 11 | Johns Hopkins University | MD | Private nonprofit | 5,693 | $355,394 | Grad 93.8% · Net $18,809 |
| 12 | University of California-Berkeley | CA | Public | 33,068 | $353,372 | Grad 92.8% · Net $13,481 |
| 13 | Rice University | TX | Private nonprofit | 4,776 | $344,734 | Grad 94.6% · Net $13,370 |
| 14 | Yale University | CT | Private nonprofit | 6,758 | $344,204 | Grad 95.7% · Net $23,777 |
| 15 | Cornell University | NY | Private nonprofit | 15,995 | $338,556 | Grad 95.4% · Net $28,690 |
| 16 | Vanderbilt University | TN | Private nonprofit | 7,208 | $338,065 | Grad 93.5% · Net $15,846 |
| 17 | University of Notre Dame | IN | Private nonprofit | 8,818 | $335,073 | Grad 95.2% · Net $26,780 |
| 18 | University of Michigan-Ann Arbor | MI | Public | 34,177 | $326,971 | Grad 93.2% · Net $13,138 |
| 19 | University of California-San Diego | CA | Public | 34,948 | $319,354 | Grad 86.1% · Net $12,470 |
| 20 | Duke University | NC | Private nonprofit | 6,442 | $319,092 | Grad 96.8% · Net $29,612 |
| 21 | Dartmouth College | NH | Private nonprofit | 4,541 | $318,178 | Grad 95.5% · Net $29,519 |
| 22 | Colorado School of Mines | CO | Public | 6,155 | $308,532 | Grad 81.7% · Net $28,690 |
| 23 | New Jersey Institute of Technology | NJ | Public | 9,019 | $303,564 | Grad 72.8% · Net $16,504 |
| 24 | Lehigh University | PA | Private nonprofit | 5,898 | $302,398 | Grad 87.9% · Net $36,931 |
| 25 | Michigan Technological University | MI | Public | 5,955 | $302,153 | Grad 68.1% · Net $14,182 |
| 26 | Brown University | RI | Private nonprofit | 7,226 | $301,423 | Grad 95.7% · Net $25,184 |
| 27 | Washington University in St Louis | MO | Private nonprofit | 7,857 | $300,146 | Grad 94.3% · Net $21,786 |
| 28 | University of Maryland-College Park | MD | Public | 30,760 | $298,522 | Grad 88.6% · Net $15,678 |
| 29 | Missouri University of Science and Technology | MO | Public | 5,521 | $297,370 | Grad 64.4% · Net $16,298 |
| 30 | University of California-Los Angeles | CA | Public | 33,475 | $295,349 | Grad 92.6% · Net $12,548 |
| 31 | University of Illinois Urbana-Champaign | IL | Public | 36,258 | $295,067 | Grad 85.1% · Net $14,355 |
| 32 | Stevens Institute of Technology | NJ | Private nonprofit | 4,222 | $293,815 | Grad 86.9% · Net $41,346 |
| 33 | Illinois Institute of Technology | IL | Private nonprofit | 2,833 | $292,532 | Grad 75.2% · Net $18,425 |
| 34 | University of Virginia-Main Campus | VA | Public | 17,597 | $291,320 | Grad 95.6% · Net $21,565 |
| 35 | University of Florida | FL | Public | 35,629 | $289,958 | Grad 91.1% · Net $6,541 |
| 36 | Rensselaer Polytechnic Institute | NY | Private nonprofit | 5,714 | $287,256 | Grad 83.6% · Net $36,228 |
| 37 | University of Washington-Seattle Campus | WA | Public | 31,942 | $283,648 | Grad 85.2% · Net $14,091 |
| 38 | Emory University | GA | Private nonprofit | 7,298 | $280,290 | Grad 91.1% · Net $22,585 |
| 39 | University of California-Davis | CA | Public | 32,253 | $277,662 | Grad 85.7% · Net $14,741 |
| 40 | California State University-East Bay | CA | Public | 9,809 | $273,134 | Grad 47.9% · Net $9,320 |
| 41 | Northwestern University | IL | Private nonprofit | 9,201 | $270,450 | Grad 95.1% · Net $29,167 |
| 42 | University of California-Irvine | CA | Public | 30,197 | $270,102 | Grad 86.9% · Net $14,251 |
| 43 | Worcester Polytechnic Institute | MA | Private nonprofit | 5,447 | $268,513 | Grad 89.7% · Net $43,071 |
| 44 | Northeastern University | MA | Private nonprofit | 17,326 | $267,478 | Grad 90.5% · Net $30,915 |
| 45 | University of North Carolina at Chapel Hill | NC | Public | 20,752 | $266,778 | Grad 91.2% · Net $11,655 |
| 46 | University of Detroit Mercy | MI | Private nonprofit | 2,438 | $262,550 | Grad 67.2% · Net $15,232 |
| 47 | University of Southern California | CA | Private nonprofit | 20,443 | $261,940 | Grad 91.8% · Net $32,740 |
| 48 | Purdue University-Main Campus | IN | Public | 44,503 | $260,795 | Grad 83.1% · Net $14,600 |
| 49 | CUNY City College | NY | Public | 12,505 | $260,197 | Grad 56.8% · Net $3,776 |
| 50 | Clarkson University | NY | Private nonprofit | 2,196 | $256,028 | Grad 74.9% · Net $30,305 |
| 51 | Brigham Young University | UT | Private nonprofit | 32,952 | $255,650 | Grad 81.0% · Net $15,564 |
| 52 | University of Wisconsin-Madison | WI | Public | 36,902 | $255,566 | Grad 89.5% · Net $17,354 |
| 53 | Boston College | MA | Private nonprofit | 10,085 | $255,201 | Grad 90.8% · Net $41,704 |
| 54 | Georgetown University | DC | Private nonprofit | 7,569 | $253,531 | Grad 94.8% · Net $40,815 |
| 55 | University of California-Santa Barbara | CA | Public | 23,113 | $253,290 | Grad 83.0% · Net $16,109 |
| 56 | Regis University | CO | Private nonprofit | 2,627 | $252,882 | Grad 61.0% · Net $18,397 |
| 57 | Binghamton University | NY | Public | 14,655 | $252,030 | Grad 81.6% · Net $21,620 |
| 58 | George Mason University | VA | Public | 27,752 | $251,850 | Grad 67.8% · Net $17,915 |
| 59 | University of Illinois Chicago | IL | Public | 22,170 | $251,625 | Grad 61.6% · Net $10,974 |
| 60 | Virginia Polytechnic Institute and State University | VA | Public | 30,923 | $250,282 | Grad 86.2% · Net $24,953 |
| 61 | Santa Clara University | CA | Private nonprofit | 6,552 | $249,348 | Grad 87.9% · Net $50,062 |
| 62 | Boston University | MA | Private nonprofit | 18,248 | $248,652 | Grad 88.7% · Net $24,402 |
| 63 | California State University-Fullerton | CA | Public | 38,546 | $248,396 | Grad 70.2% · Net $6,555 |
| 64 | Villanova University | PA | Private nonprofit | 6,938 | $248,360 | Grad 91.9% · Net $43,756 |
| 65 | University of Delaware | DE | Public | 19,071 | $247,129 | Grad 80.5% · Net $17,799 |
| 66 | University of Georgia | GA | Public | 32,137 | $245,766 | Grad 89.7% · Net $13,936 |
| 67 | Stony Brook University | NY | Public | 18,101 | $245,567 | Grad 75.6% · Net $18,784 |
| 68 | Rutgers University-Camden | NJ | Public | 3,753 | $245,218 | Grad 66.7% · Net $18,745 |
| 69 | William & Mary | VA | Public | 7,055 | $244,636 | Grad 89.4% · Net $19,096 |
| 70 | The University of Texas at Arlington | TX | Public | 32,294 | $242,396 | Grad 54.0% · Net $13,951 |
| 71 | The University of Texas at Austin | TX | Public | 42,855 | $241,848 | Grad 88.9% · Net $19,857 |
| 72 | University of St Francis | IL | Private nonprofit | 1,223 | $241,399 | Grad 66.8% · Net $13,006 |
| 73 | San Francisco State University | CA | Public | 18,639 | $241,362 | Grad 50.4% · Net $12,278 |
| 74 | Rutgers University-Newark | NJ | Public | 7,709 | $240,428 | Grad 63.7% · Net $19,703 |
| 75 | University of the Pacific | CA | Private nonprofit | 3,204 | $238,558 | Grad 69.0% · Net $25,447 |
| 76 | Wake Forest University | NC | Private nonprofit | 5,485 | $236,251 | Grad 89.1% · Net $28,719 |
| 77 | University of Colorado Denver/Anschutz Medical Campus | CO | Public | 10,519 | $234,926 | Grad 46.2% · Net $11,900 |
| 78 | California State University-San Bernardino | CA | Public | 15,023 | $234,415 | Grad 54.9% · Net $4,564 |
| 79 | University of Minnesota-Twin Cities | MN | Public | 31,855 | $233,570 | Grad 85.3% · Net $16,778 |
| 80 | North Carolina State University at Raleigh | NC | Public | 27,371 | $233,282 | Grad 84.8% · Net $17,303 |
| 81 | California State University-Long Beach | CA | Public | 35,924 | $233,102 | Grad 68.9% · Net $10,440 |
| 82 | University of Massachusetts-Lowell | MA | Public | 11,434 | $233,086 | Grad 64.8% · Net $17,163 |
| 83 | University of Maryland-Baltimore County | MD | Public | 10,701 | $232,626 | Grad 70.0% · Net $16,467 |
| 84 | Washington State University | WA | Public | 21,099 | $232,562 | Grad 60.5% · Net $14,971 |
| 85 | University of San Diego | CA | Private nonprofit | 5,671 | $230,938 | Grad 83.7% · Net $30,365 |
| 86 | Saint Mary's University of Minnesota | MN | Private nonprofit | 1,073 | $227,996 | Grad 66.0% · Net $11,704 |
| 87 | California State University-Fresno | CA | Public | 21,605 | $226,732 | Grad 57.0% · Net $7,000 |
| 88 | The University of Texas at Dallas | TX | Public | 21,751 | $225,335 | Grad 75.7% · Net $18,267 |
| 89 | University of Rochester | NY | Private nonprofit | 6,331 | $225,108 | Grad 85.4% · Net $29,278 |
| 90 | University of Utah | UT | Public | 27,264 | $225,018 | Grad 65.0% · Net $16,200 |
| 91 | Florida International University | FL | Public | 39,508 | $224,516 | Grad 74.4% · Net $9,288 |
| 92 | Texas A&M University-College Station | TX | Public | 59,615 | $222,804 | Grad 83.9% · Net $21,315 |
| 93 | Florida State University | FL | Public | 32,212 | $222,714 | Grad 85.6% · Net $11,297 |
| 94 | Oakland University | MI | Public | 12,351 | $222,628 | Grad 57.6% · Net $9,120 |
| 95 | University of California-Riverside | CA | Public | 22,593 | $222,026 | Grad 76.0% · Net $14,304 |
| 96 | University of California-Merced | CA | Public | 8,372 | $221,764 | Grad 68.7% · Net $11,983 |
| 97 | San Diego State University | CA | Public | 35,377 | $221,714 | Grad 76.4% · Net $15,364 |
| 98 | University of Massachusetts-Boston | MA | Public | 11,512 | $220,388 | Grad 49.4% · Net $17,707 |
| 99 | University of Massachusetts-Amherst | MA | Public | 23,671 | $219,860 | Grad 83.3% · Net $22,383 |
| 100 | University of Houston | TX | Public | 38,380 | $218,816 | Grad 64.6% · Net $14,276 |