Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs — see details below.
Analysis
Indiana's biomedical engineering programs cluster tightly around $72,000 in first-year earnings, and peer programs suggest Indiana Tech's graduates land in this same competitive range. With estimated debt around $26,000—slightly above the national median but manageable for this field—the financial fundamentals look reasonable. The estimated debt-to-earnings ratio of 0.37 means graduates would likely owe less than four months' gross salary, which is favorable territory for engineering degrees.
What makes this estimate more credible is the consistency across Indiana's handful of biomedical engineering programs, from Purdue to smaller technical schools like Trine. All cluster within a $5,000 range, suggesting a stable regional job market for these graduates rather than wild variation by institution. The national median of $64,660 sits meaningfully below Indiana's figures, indicating the state may offer better-than-average opportunities in medical device manufacturing or healthcare technology sectors centered around Indianapolis.
The caveat here is real: with only four comparable programs providing data in Indiana, and without actual outcomes from Indiana Tech's specific graduates, you're banking on pattern rather than proof. If your child thrives in smaller engineering programs (the 57% admission rate suggests a less selective environment than Purdue or Rose-Hulman), the estimated numbers suggest this could work financially—but verify the school's industry connections and internship placements in Fort Wayne's medical technology corridor before committing.
Where Indiana Institute of Technology Stands
Earnings vs. debt across all biomedical/medical engineering bachelors's programs nationally
Compare to Similar Programs in Indiana
Biomedical/Medical Engineering bachelors's programs at peer institutions in Indiana (6 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $30,446 | $71,783* | — | $26,237* | — | |
| $9,992 | $72,749* | $78,264 | $19,500* | 0.27 | |
| $10,449 | $71,852* | $76,252 | $20,729* | 0.29 | |
| $56,674 | $71,714* | $83,476 | $26,441* | 0.37 | |
| $35,600 | $67,702* | — | $27,000* | 0.40 | |
| 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 Indiana Institute of Technology, approximately 34% 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 IN. Actual outcomes may vary.