Head-to-Head Analysis
This analysis was generated using Azimuth's proprietary framework. Our data model transforms federal education data into actionable insights. Learn about founder Daniel Rogers, explore our research methodology, or see how we think about this data.
Updated January 2026 • Pasadena, CA & Claremont, CA
When students choose between California Institute of Technology and Harvey Mudd College, they're comparing two elite STEM powerhouses that produce similar career outcomes at vastly different costs. Both schools rank among the nation's most selective institutions, yet Caltech delivers comparable earnings potential for $13,590 less per year.
The question becomes: what drives Harvey Mudd's premium pricing, and is it worth the extra investment for families?
Median Student Debt at Graduation
—
federal loans
$25,000
federal loans
Median Parent PLUS Loans
$27,881
borrowed by parents
$33,386
borrowed by parents
Caltech emphasizes computer science and pure sciences, with 26% Engineering and 24% STEM Other. Top programs include Computer Science (72 graduates), Physics (34), and Electrical Engineering (15).
Harvey Mudd takes a broader engineering approach with 32% Engineering and 8% STEM Other. Their largest programs are Engineering, General (68 graduates), Mathematics and Computer Science (52), and Computer Science (47).
Both institutions focus intensively on STEM fields, though Harvey Mudd's general engineering curriculum offers more interdisciplinary breadth.
For students prioritizing financial value among elite STEM institutions, Caltech delivers comparable career outcomes at $13,590/year less than Harvey Mudd. Harvey Mudd offers broader engineering curriculum and interdisciplinary approaches, making it the better choice for students who value that pedagogical model and can manage the higher investment.
The data points to Caltech as the stronger financial value — graduates earn similar amounts while avoiding undergraduate debt entirely. Both schools provide world-class STEM education, but for families weighing costs, Caltech's combination of prestige and affordability is difficult to match.
The right choice depends on your program preferences, financial circumstances, and tolerance for debt.
Key Takeaway
The numbers are close, but the best school depends on your goals, values, and career aspirations.
This comparison was generated using Azimuth's proprietary ROI framework, developed by founder Daniel Rogers. Our methodology transforms federal education data into actionable insights for families.
This comparison uses Azimuth's proprietary ROI model based on U.S. Dept. of Education data. View Full Methodology.
This content is for educational and informational purposes only and should not be construed as financial, investment, or professional advice. Consult a qualified advisor before making any financial decisions.
College Azimuth is a private research initiative and is not affiliated with the U.S. Department of Education or Federal Student Aid.
