Analysis
Binghamton's biomedical engineering program presents a financial paradox: graduates start behind the curve at $59,000—about $5,600 below the national median—but surge ahead to $75,680 by year four, surpassing both national and state benchmarks. This 28% earnings growth suggests the program's value reveals itself over time, though you're essentially betting on delayed returns rather than immediate market positioning. Among New York's 15 biomedical engineering programs, Binghamton sits squarely in the middle of the pack, trailing engineering powerhouses like RPI and RIT by a significant margin.
The debt picture is genuinely compelling: at $19,000, it's nearly $4,000 below the state median and $4,200 below the national benchmark. This translates to a debt-to-earnings ratio of just 0.32—manageable even with the slower initial earnings. For context, you're looking at monthly payments around $200 on a standard plan, which is digestible even on that first-year salary.
The bottom line: This is a solid choice for families prioritizing affordability over prestige, particularly if your child is willing to play the long game. The trajectory is right—earnings that climb steadily rather than plateau—and the debt burden won't constrain early career choices. Just understand you're choosing value over the brand recognition and industry connections that come with higher-ranked engineering schools in the state.
Where Binghamton University Stands
Earnings vs. debt across all biomedical/medical engineering bachelors's programs nationally
Earnings Distribution
How Binghamton University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Binghamton University | $58,999 | $75,680 | +28% |
| Rensselaer Polytechnic Institute | $74,427 | $98,618 | +33% |
| Syracuse University | $64,660 | $89,553 | +38% |
| University of Rochester | $69,414 | $86,302 | +24% |
| Rochester Institute of Technology | $72,344 | $82,443 | +14% |
Compare to Similar Programs in New York
Biomedical/Medical Engineering bachelors's programs at peer institutions in New York (15 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,363 | $58,999 | $75,680 | $19,000 | 0.32 | |
| $61,884 | $74,427 | $98,618 | $26,000 | 0.35 | |
| $57,016 | $72,344 | $82,443 | $29,183 | 0.40 | |
| $64,348 | $69,414 | $86,302 | $20,500 | 0.30 | |
| $63,061 | $64,660 | $89,553 | $27,000 | 0.42 | |
| $69,045 | $62,895 | — | $19,500 | 0.31 | |
| National Median | — | $64,660 | — | $23,246 | 0.36 |
Career Paths
Occupations commonly associated with biomedical/medical engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Bioengineers and Biomedical Engineers
Engineering Teachers, Postsecondary
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Binghamton University, approximately 27% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Sample Size: Based on 35 graduates with reported earnings and 68 graduates with debt data. Small samples may not be representative.