Analysis
Milwaukee School of Engineering graduates earn $70,090 their first year out—well above the national median for biomedical engineering but trailing Wisconsin's top programs by a few thousand dollars. That puts this program in the 71st percentile nationally but 40th within Wisconsin, where Madison and Marquette graduates start slightly higher. The real standout here is the debt picture: at $27,000, MSOE students carry about half the average engineering school debt burden, landing in just the 5th percentile nationally. That translates to a debt-to-earnings ratio of 0.39—exceptionally manageable for an engineering degree.
The moderate earnings growth to $75,667 by year four suggests these graduates enter stable technical roles rather than rapidly advancing positions, but that's common in medical device and biotech industries where biomedical engineers often work. The combination of solid starting pay and minimal debt means graduates can comfortably manage loan payments while building careers. With a 60% admission rate, MSOE offers accessible entry into a field that typically requires strong STEM credentials.
For parents weighing Wisconsin options, this represents strong value despite not leading the state in earnings. The $4,000 gap versus Madison matters far less than the low debt load, especially given MSOE's focus on practical engineering training. You're looking at a program that delivers predictable outcomes without saddling graduates with the financial burden many engineering students face.
Where Milwaukee School of Engineering Stands
Earnings vs. debt across all biomedical/medical engineering bachelors's programs nationally
Earnings Distribution
How Milwaukee School of Engineering graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Milwaukee School of Engineering | $70,090 | $75,667 | +8% |
| Massachusetts Institute of Technology | $70,696 | $116,182 | +64% |
| Northwestern University | $68,592 | $108,516 | +58% |
| Marquette University | $73,526 | $79,984 | +9% |
| University of Wisconsin-Madison | $74,094 | $76,003 | +3% |
Compare to Similar Programs in Wisconsin
Biomedical/Medical Engineering bachelors's programs at peer institutions in Wisconsin (4 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $48,421 | $70,090 | $75,667 | $27,000 | 0.39 | |
| $11,205 | $74,094 | $76,003 | $20,492 | 0.28 | |
| $48,700 | $73,526 | $79,984 | $27,000 | 0.37 | |
| $10,020 | $50,472 | — | $29,000 | 0.57 | |
| National Median | — | $64,660 | — | $23,246 | 0.36 |
Career Paths
Occupations commonly associated with biomedical/medical engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Bioengineers and Biomedical Engineers
Engineering Teachers, Postsecondary
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 Milwaukee School of Engineering, approximately 23% 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 58 graduates with reported earnings and 63 graduates with debt data. Small samples may not be representative.