<p>MIT uses an algorithm to compute academic indexes. This algorithm compares your scores to those of MIT's four current classes (or something like that). So, while a 700 verbal is 25 percentile for MIT students, a 760 verbal is 80 percentile (guesstimating).</p>
<p>I say send them in, but I don't think a 1500 to 1540 or 1560 will make much of a difference. From what I understand, SATs are not a major factor in admissions (relative to course rigot, grades, and your overall passions). Send them in though because it can't hurt you, only help you. Good luck.</p>