Analysis
Marquette delivers strong biomedical engineering outcomes that outpace most programs nationally, though within Wisconsin you're paying premium tuition for middle-of-the-pack results. First-year graduates earn $73,526—nearly $9,000 above the national median and landing in the 89th percentile nationally. That $27,000 in typical debt translates to a very manageable 0.37 debt-to-earnings ratio, well below concerning thresholds.
The Wisconsin comparison tells a more nuanced story. At the 60th percentile statewide, Marquette graduates earn roughly $2,300 less than the state median and trail UW-Madison by a small margin. With only four programs in the state, this middle position matters less than it might elsewhere, but it's worth noting that you're likely paying significantly more for a Marquette degree than you would at UW-Madison while getting comparable (slightly lower) earnings outcomes. Milwaukee School of Engineering offers similar returns at potentially different price points worth comparing.
The fundamentals remain solid: steady 9% earnings growth to nearly $80,000 by year four, debt that won't constrain career choices, and outcomes that beat the vast majority of biomedical engineering programs nationwide. If your child has strong reasons to prefer Marquette's environment or didn't gain admission to Madison, the financial picture remains sound. Just understand you're paying for the Marquette experience rather than a clear earnings advantage over Wisconsin's public flagship.
Where Marquette University Stands
Earnings vs. debt across all biomedical/medical engineering bachelors's programs nationally
Earnings Distribution
How Marquette University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Marquette University | $73,526 | $79,984 | +9% |
| Massachusetts Institute of Technology | $70,696 | $116,182 | +64% |
| Northwestern University | $68,592 | $108,516 | +58% |
| University of Wisconsin-Madison | $74,094 | $76,003 | +3% |
| Milwaukee School of Engineering | $70,090 | $75,667 | +8% |
Compare to Similar Programs in Wisconsin
Biomedical/Medical Engineering bachelors's programs at peer institutions in Wisconsin (4 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $48,700 | $73,526 | $79,984 | $27,000 | 0.37 | |
| $11,205 | $74,094 | $76,003 | $20,492 | 0.28 | |
| $48,421 | $70,090 | $75,667 | $27,000 | 0.39 | |
| $10,020 | $50,472 | — | $29,000 | 0.57 | |
| 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 Marquette University, approximately 19% 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 87 graduates with reported earnings and 91 graduates with debt data. Small samples may not be representative.