Est. Earnings (1yr)
$70,217
Est. from NC median (4 programs)
Est. Median Debt
$26,237
Est. from national median (40 programs)

Analysis

Compared to other biomedical engineering programs in North Carolina, Elon appears positioned in the middle tier. Similar programs in the state suggest first-year earnings around $70,200, which matches what both UNC-Chapel Hill and Duke graduates reportedly earn, though it trails NC State's $74,000. The estimated debt load of $26,200 is more concerning—it's 56% higher than the typical $16,800 that NC biomedical engineering graduates carry. That difference matters because Elon is a private institution where tuition drives up borrowing, even as career outcomes appear similar to the state's public flagships.

The 0.37 debt-to-earnings ratio sits in reasonable territory for an engineering degree, meaning graduates would owe roughly four months of their first-year salary. But here's the practical issue: you're potentially paying private school premiums for outcomes that mirror what students get at NC State or UNC-Chapel Hill, both of which typically come with substantially less debt. The question becomes whether Elon's smaller class sizes and different campus experience justify that extra $10,000 in loans when the engineering job market largely rewards the credential itself.

If your child is already committed to Elon for other reasons and biomedical engineering is their path, the estimated numbers suggest a manageable financial outcome. But if you're choosing between schools specifically for this major, the data points to cheaper in-state alternatives that produce comparable—or better—career results with less debt burden.

Where Elon University Stands

Earnings vs. debt across all biomedical/medical engineering bachelors's programs nationally

Compare to Similar Programs in North Carolina

Biomedical/Medical Engineering bachelors's programs at peer institutions in North Carolina (5 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Elon UniversityElon$44,536$70,217*—$26,237*—
North Carolina State University at RaleighRaleigh$8,895$74,016*$92,574$18,638*0.25
University of North Carolina at Chapel HillChapel Hill$8,989$70,561*—$15,000*0.21
Duke UniversityDurham$65,805$69,873*$100,584$13,894*0.20
North Carolina A & T State UniversityGreensboro$6,748$52,948*—$30,743*0.58
National Median—$64,660*—$23,246*0.36
* Estimated from similar programs

Career Paths

Occupations commonly associated with biomedical/medical engineering graduates

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Bioengineers and Biomedical Engineers

Apply knowledge of engineering, biology, chemistry, computer science, and biomechanical principles to the design, development, and evaluation of biological, agricultural, and health systems and products, such as artificial organs, prostheses, instrumentation, medical information systems, and health management and care delivery systems.

$106,950/yrJobs growth:Bachelor's degree

Engineering Teachers, Postsecondary

Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:
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 Elon University, approximately 9% 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.

Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 4 similar programs in NC. Actual outcomes may vary.