Biomedical/Medical Engineering at Massachusetts Institute of Technology
Bachelor's Degree
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
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Massachusetts Institute of Technology graduates compare to all programs nationally
Massachusetts Institute of Technology graduates earn $71k, placing them in the 73th percentile of all biomedical/medical engineering bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Massachusetts
Biomedical/Medical Engineering bachelors's programs at peer institutions in Massachusetts (12 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Massachusetts Institute of Technology | $70,696 | $116,182 | $13,000 | 0.18 |
| Wentworth Institute of Technology | $80,401 | $90,840 | $27,000 | 0.34 |
| Worcester Polytechnic Institute | $78,283 | $88,871 | $27,000 | 0.34 |
| Boston University | $69,209 | $84,960 | $26,848 | 0.39 |
| University of Massachusetts-Dartmouth | $60,237 | $85,262 | $27,000 | 0.45 |
| Western New England University | $58,437 | — | $27,000 | 0.46 |
| National Median | $64,660 | — | $23,246 | 0.36 |
Other Biomedical/Medical Engineering Programs in Massachusetts
Compare tuition, earnings, and debt across Massachusetts schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Wentworth Institute of Technology Boston | $41,010 | $80,401 | $27,000 |
| Worcester Polytechnic Institute Worcester | $59,070 | $78,283 | $27,000 |
| Boston University Boston | $65,168 | $69,209 | $26,848 |
| University of Massachusetts-Dartmouth North Dartmouth | $15,208 | $60,237 | $27,000 |
| Western New England University Springfield | $46,430 | $58,437 | $27,000 |
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.