Analysis
The estimated debt burden here—$26,924—is manageable relative to what similar biomedical engineering programs in Massachusetts produce in first-year earnings, putting the debt-to-earnings ratio at a comfortable 0.38. But that earnings estimate of roughly $70,000 places this program squarely in the middle of the pack for Massachusetts, not at the top where you'd expect Harvard to sit. Peer programs at Wentworth and Worcester Polytechnic show graduates earning $10,000 more, and even MIT—Harvard's neighbor—edges slightly higher.
Here's the complication: these figures come from comparable Massachusetts programs because Harvard's own graduate sample was too small to report. That makes it difficult to know whether Harvard's biomedical engineering graduates follow the state pattern or command the premium typically associated with the institution's name. In fields like finance or consulting, Harvard's brand translates to measurably higher starting salaries. In engineering, where technical skills and program reputation matter more than institutional prestige alone, that premium may be smaller or nonexistent.
If your child is admitted to Harvard and committed to biomedical engineering specifically, the estimated debt is reasonable enough not to be a dealbreaker. But recognize you're paying for Harvard's broader network and resources, not necessarily for superior engineering outcomes—at least not ones we can verify from the available data. If engineering career outcomes are the priority, programs with documented higher earnings deserve serious consideration.
Where Harvard University Stands
Earnings vs. debt across all biomedical/medical engineering bachelors's programs nationally
Compare to Similar Programs in Massachusetts
Biomedical/Medical Engineering bachelors's programs at peer institutions in Massachusetts (12 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $59,076 | $69,953* | — | $26,924* | — | |
| $41,010 | $80,401* | $90,840 | $27,000* | 0.34 | |
| $59,070 | $78,283* | $88,871 | $27,000* | 0.34 | |
| $60,156 | $70,696* | $116,182 | $13,000* | 0.18 | |
| $65,168 | $69,209* | $84,960 | $26,848* | 0.39 | |
| $15,208 | $60,237* | $85,262 | $27,000* | 0.45 | |
| 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 Harvard University, approximately 16% 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 6 similar programs in MA. Actual outcomes may vary.