Median Earnings (1yr)
$63,831
47th percentile (40th in MI)
Median Debt
$27,000
16% above national median
Debt-to-Earnings
0.42
Manageable
Sample Size
61
Adequate data

Analysis

Michigan Tech's biomedical engineering program doesn't lead the state in starting salaries—it ranks below Michigan-Ann Arbor and Lawrence Tech initially—but the trajectory tells a different story. Graduates see 35% earnings growth by year four, reaching $86,435, which significantly outpaces the typical pattern for this major. That $27,000 median debt sits right at Michigan's state median but represents exceptionally good value: you're looking at roughly 5 months of first-year salary to cover the debt, placing this program in the 95th percentile nationally for affordability.

The moderate sample size (30-100 graduates) means these numbers reflect actual outcomes but could shift year to year. Still, the combination of reasonable debt and strong earnings momentum is hard to ignore. Starting at $63,831 puts graduates just slightly below the national median, but by year four they've pulled well ahead of where most biomedical engineering grads end up. For context, Michigan Tech serves a primarily non-Pell student body (82%), suggesting families are paying out of pocket for what appears to be solid career preparation.

The value proposition here is straightforward: you're trading a middle-of-the-pack starting salary for strong upward mobility and minimal debt burden. If your child can handle the rigor and doesn't need to maximize year-one earnings, this program delivers better than its 40th percentile state ranking would suggest.

Where Michigan Technological University Stands

Earnings vs. debt across all biomedical/medical engineering bachelors's programs nationally

Michigan Technological UniversityOther 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 Michigan Technological University graduates compare to all programs nationally

Michigan Technological University graduates earn $64k, placing them in the 47th 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 Michigan

Biomedical/Medical Engineering bachelors's programs at peer institutions in Michigan (7 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Michigan Technological University$63,831$86,435$27,0000.42
University of Michigan-Ann Arbor$70,307$84,138$20,0000.28
Lawrence Technological University$64,298—$27,0000.42
University of Michigan-Dearborn$38,593—$31,0000.80
National Median$64,660—$23,2460.36

Other Biomedical/Medical Engineering Programs in Michigan

Compare tuition, earnings, and debt across Michigan schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Michigan-Ann Arbor
Ann Arbor
$17,228$70,307$20,000
Lawrence Technological University
Southfield
$41,872$64,298$27,000
University of Michigan-Dearborn
Dearborn
$14,944$38,593$31,000

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 Michigan Technological University, approximately 18% 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 61 graduates with reported earnings and 64 graduates with debt data. Small samples may not be representative.