Biomedical/Medical Engineering at Binghamton University
Bachelor's Degree
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
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Binghamton University graduates compare to all programs nationally
Binghamton University graduates earn $59k, placing them in the 31th percentile of all biomedical/medical engineering bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in New York
Biomedical/Medical Engineering bachelors's programs at peer institutions in New York (15 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Binghamton University | $58,999 | $75,680 | $19,000 | 0.32 |
| Rensselaer Polytechnic Institute | $74,427 | $98,618 | $26,000 | 0.35 |
| Rochester Institute of Technology | $72,344 | $82,443 | $29,183 | 0.40 |
| University of Rochester | $69,414 | $86,302 | $20,500 | 0.30 |
| Syracuse University | $64,660 | $89,553 | $27,000 | 0.42 |
| Columbia University in the City of New York | $62,895 | — | $19,500 | 0.31 |
| National Median | $64,660 | — | $23,246 | 0.36 |
Other Biomedical/Medical Engineering Programs in New York
Compare tuition, earnings, and debt across New York schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Rensselaer Polytechnic Institute Troy | $61,884 | $74,427 | $26,000 |
| Rochester Institute of Technology Rochester | $57,016 | $72,344 | $29,183 |
| University of Rochester Rochester | $64,348 | $69,414 | $20,500 |
| Syracuse University Syracuse | $63,061 | $64,660 | $27,000 |
| Columbia University in the City of New York New York | $69,045 | $62,895 | $19,500 |
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.