Median Earnings (1yr)
$63,449
46th percentile
Median Debt
$22,125
5% below national median
Debt-to-Earnings
0.35
Manageable
Sample Size
58
Adequate data

Analysis

NJIT's biomedical engineering program lands below the middle of the pack in New Jersey—40th percentile—with first-year earnings of $63,449 trailing the state median by about $2,000. Among the five biomedical engineering programs in New Jersey, this puts graduates behind both Stevens and Rowan but slightly ahead of Rutgers-New Brunswick. That gap matters in a state where higher-earning engineering programs are accessible at similar or lower cost.

The program's real strength shows up in year four, when median earnings jump to $83,518—a 32% increase that suggests graduates transition successfully into higher-paying roles. The manageable debt load of $22,125 (below the state median) keeps the financial equation reasonable, resulting in a debt-to-earnings ratio of just 0.35. However, starting $10,000 behind Stevens graduates creates a gap that takes years to close, even with solid growth.

For families weighing NJIT against other in-state options, this comes down to admission odds and aid packages. The 67% acceptance rate makes NJIT more accessible than Stevens, and the lower debt burden matters. But if your student can get into Rowan or Stevens with comparable financial aid, the earnings premium those programs deliver from day one is worth serious consideration. NJIT isn't a poor choice—the debt is reasonable and growth is solid—but it's not the strongest value play for biomedical engineering in New Jersey.

Where New Jersey Institute of Technology Stands

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

New Jersey 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 New Jersey Institute of Technology graduates compare to all programs nationally

New Jersey Institute of Technology graduates earn $63k, placing them in the 46th 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 New Jersey

Biomedical/Medical Engineering bachelors's programs at peer institutions in New Jersey (5 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
New Jersey Institute of Technology$63,449$83,518$22,1250.35
Stevens Institute of Technology$73,454$82,175$27,0000.37
Rowan University$67,609—$27,0000.40
Rutgers University-New Brunswick$62,097$80,803$25,9890.42
National Median$64,660—$23,2460.36

Other Biomedical/Medical Engineering Programs in New Jersey

Compare tuition, earnings, and debt across New Jersey schools

SchoolIn-State TuitionEarnings (1yr)Debt
Stevens Institute of Technology
Hoboken
$60,952$73,454$27,000
Rowan University
Glassboro
$15,700$67,609$27,000
Rutgers University-New Brunswick
New Brunswick
$17,239$62,097$25,989

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 New Jersey Institute of Technology, approximately 39% 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 64 graduates with debt data. Small samples may not be representative.