Median Earnings (1yr)
$70,696
73rd percentile
60th percentile in Massachusetts
Median Debt
$13,000
44% below national median

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

School1 Year4 YearsGrowth
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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Massachusetts Institute of TechnologyCambridge$60,156$70,696$116,182$13,0000.18
Wentworth Institute of TechnologyBoston$41,010$80,401$90,840$27,0000.34
Worcester Polytechnic InstituteWorcester$59,070$78,283$88,871$27,0000.34
Boston UniversityBoston$65,168$69,209$84,960$26,8480.39
University of Massachusetts-DartmouthNorth Dartmouth$15,208$60,237$85,262$27,0000.45
Western New England UniversitySpringfield$46,430$58,437—$27,0000.46
National Median—$64,660—$23,2460.36

Career Paths

Occupations commonly associated with biomedical/medical engineering graduates

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Bioengineers and Biomedical Engineers

Apply knowledge of engineering, biology, chemistry, computer science, and biomechanical principles to the design, development, and evaluation of biological, agricultural, and health systems and products, such as artificial organs, prostheses, instrumentation, medical information systems, and health management and care delivery systems.

$106,950/yrJobs growth:Bachelor's degree

Engineering Teachers, Postsecondary

Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:
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.