Analysis
MIT's biomedical engineering program delivers strong outcomes, but the numbers deserve context. While earnings of $70,696 one year out seem modest for an institution of MIT's caliber—ranking only 60th percentile in Massachusetts—the trajectory tells a more compelling story. By year four, graduates earn $116,182, representing 64% growth that substantially outpaces typical career progression. The $13,000 median debt is exceptionally low, creating a debt-to-earnings ratio of 0.18 that ranks in the 95th percentile nationally. However, the sample size here is quite small (under 30 graduates), so individual circumstances could significantly skew these figures.
What's notable is that other Massachusetts programs show higher immediate earnings—Wentworth and WPI both exceed $78,000—but MIT graduates likely catch up as they move into research, medical school, or graduate programs where initial post-bachelor's earnings understate long-term potential. The program's strength lies not in immediate payoff but in positioning graduates for advanced opportunities where a bachelor's is just the foundation. The minimal debt load makes further education financially feasible.
For families who can navigate MIT's 5% admission rate, this represents a sound investment despite the small sample caveat. The combination of negligible debt and strong earnings growth suggests graduates have flexibility to pursue research, advanced degrees, or industry roles without financial constraint. Just don't expect top-of-market starting salaries right out of the gate.
Where Massachusetts Institute of Technology Stands
Earnings vs. debt across all biomedical/medical engineering bachelors's programs nationally
Earnings Distribution
How Massachusetts Institute of Technology 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 |
|---|---|---|---|
| Massachusetts Institute of Technology | $70,696 | $116,182 | +64% |
| Wentworth Institute of Technology | $80,401 | $90,840 | +13% |
| Worcester Polytechnic Institute | $78,283 | $88,871 | +14% |
| University of Massachusetts-Dartmouth | $60,237 | $85,262 | +42% |
| Boston University | $69,209 | $84,960 | +23% |
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 |
|---|---|---|---|---|---|
| $60,156 | $70,696 | $116,182 | $13,000 | 0.18 | |
| $41,010 | $80,401 | $90,840 | $27,000 | 0.34 | |
| $59,070 | $78,283 | $88,871 | $27,000 | 0.34 | |
| $65,168 | $69,209 | $84,960 | $26,848 | 0.39 | |
| $15,208 | $60,237 | $85,262 | $27,000 | 0.45 | |
| $46,430 | $58,437 | — | $27,000 | 0.46 | |
| 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 Massachusetts Institute of Technology, 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 29 graduates with reported earnings and 29 graduates with debt data. Small samples may not be representative.