Median Earnings (1yr)
$63,831
47th percentile
40th percentile in Michigan
Median Debt
$27,000
16% above national median

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

Earnings Distribution

How Michigan Technological University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Michigan Technological University$63,831$86,435+35%
Massachusetts Institute of Technology$70,696$116,182+64%
Northwestern University$68,592$108,516+58%
University of Pennsylvania$93,310$105,728+13%
University of Michigan-Ann Arbor$70,307$84,138+20%

Compare to Similar Programs in Michigan

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

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Michigan Technological UniversityHoughton$18,392$63,831$86,435$27,0000.42
University of Michigan-Ann ArborAnn Arbor$17,228$70,307$84,138$20,0000.28
Lawrence Technological UniversitySouthfield$41,872$64,298$27,0000.42
University of Michigan-DearbornDearborn$14,944$38,593$31,0000.80
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 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.