Pros
Academic life, potential to form new connections, as compared to regular colleges, if you want to teach in the STEM field, you will find many students who want to learn the subject.
Cons
Top management has turned education into a business. The school exists to appease their students in order to receive favorable reviews. The chief financial officer (in fact all the top brass) are more interested in filling their own pockets than educating students. Case in point, the CFO has a clause written in his agreement that he gets a percentage of the money 'he' saves WPI annually. Remember, he is the one responsible for keeping the numbers....Like most other academic institutes, the college has become 'top heavy'. Too many administrators and the professors are given larger class loads each year and are penalized for not passing/keeping students happy.