Median Earnings (1yr)
$70,696
73rd percentile (60th in MA)
Median Debt
$13,000
44% below national median
Debt-to-Earnings
0.18
Manageable
Sample Size
29
Limited data

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

Massachusetts Institute of TechnologyOther biomedical/medical engineering programs

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)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Massachusetts Institute of Technology$70,696$116,182$13,0000.18
Wentworth Institute of Technology$80,401$90,840$27,0000.34
Worcester Polytechnic Institute$78,283$88,871$27,0000.34
Boston University$69,209$84,960$26,8480.39
University of Massachusetts-Dartmouth$60,237$85,262$27,0000.45
Western New England University$58,437—$27,0000.46
National Median$64,660—$23,2460.36

Other Biomedical/Medical Engineering Programs in Massachusetts

Compare tuition, earnings, and debt across Massachusetts schools

SchoolIn-State TuitionEarnings (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.