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 • Pittsburgh, PA & Notre Dame, IN
When students choose between University of Notre Dame and Carnegie Mellon University, they're comparing two paths within America's educational elite. Both schools serve similar student populations at similar price points, ranking in the 94th percentile nationally for return on investment.
But the career outcomes diverge significantly based on academic focus. CMU's engineering-heavy curriculum produces median earnings of $114,862, while Notre Dame's broader liberal arts approach yields $99,980.
The $14,882 gap reflects different definitions of success.
Median Student Debt at Graduation
$21,750
federal loans
$19,000
federal loans
Median Parent PLUS Loans
$37,130
borrowed by parents
$40,731
borrowed by parents
Notre Dame is predominantly business-focused, with 20% of graduates earning degrees in business fields, followed by 17% in social sciences and 12% in engineering. The largest programs include Economics (243 graduates), Finance (235), and Political Science (181).
CMU takes the opposite approach: 23% engineering graduates dominate, with top programs in Computer Science (237 graduates), Statistics (169), and Electrical Engineering (140). This fundamental difference in academic concentration shapes the earnings gap and explains why both schools excel despite serving different career paths.
For students prioritizing maximum earning potential in engineering and technology, Carnegie Mellon delivers stronger financial outcomes despite the higher cost. Notre Dame offers a more well-rounded liberal arts experience with excellent business programs, outstanding graduation rates, and a iconic campus culture — making it the better choice for students seeking intellectual breadth over specialized technical training.
The data points to CMU as the stronger pure financial investment, but both schools serve the same elite student market exceptionally well. The right choice depends on your career goals, academic interests, and whether you prioritize earning potential or educational experience.
Both represent sound investments for families who can manage the substantial cost.
Key Takeaway
The numbers favor Carnegie Mellon, 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.
