Analysis
Lawrence Tech's biomedical engineering program carries slightly higher debt than most competitors—$27,000 versus a national median of $23,246—but the debt-to-earnings ratio of 0.42 is excellent, meaning graduates earn more than double what they borrowed. With first-year earnings of $64,298, this program sits right at Michigan's median and just shy of the national average. Among Michigan's seven biomedical engineering programs, these earnings rank in the 60th percentile, behind only University of Michigan-Ann Arbor's $70,307 but well ahead of UM-Dearborn's $38,593.
The real story here is manageable debt combined with solid starting salaries. While you're not getting the prestige premium of Ann Arbor, you're also not facing their likely higher costs, and outcomes are comparable to Michigan Tech. For a school with an 80% admission rate, these results suggest the program prepares students effectively for the job market.
One important caveat: the sample size is small (under 30 graduates), so these numbers could shift significantly year to year. Still, the fundamentals look sound—graduates can realistically pay down their debt within a few years while establishing themselves in a well-compensated field. For Michigan families seeking accessible biomedical engineering training with reasonable debt loads, this represents a practical middle path between elite selectivity and weaker employment outcomes.
Where Lawrence Technological University Stands
Earnings vs. debt across all biomedical/medical engineering bachelors's programs nationally
Earnings Distribution
How Lawrence Technological University graduates compare to all programs nationally
Compare to Similar Programs in Michigan
Biomedical/Medical Engineering bachelors's programs at peer institutions in Michigan (7 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $41,872 | $64,298 | — | $27,000 | 0.42 | |
| $17,228 | $70,307 | $84,138 | $20,000 | 0.28 | |
| $18,392 | $63,831 | $86,435 | $27,000 | 0.42 | |
| $14,944 | $38,593 | — | $31,000 | 0.80 | |
| 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 Lawrence Technological University, approximately 17% 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 16 graduates with reported earnings and 22 graduates with debt data. Small samples may not be representative.