Median Earnings (1yr)
$74,427
94th percentile
60th percentile in New York
Median Debt
$26,000
12% above national median

Analysis

Rensselaer's biomedical engineering program launches graduates into impressive starting salaries—$74,427 first year, rising to nearly $99,000 by year four. That 33% earnings trajectory outpaces most peers and puts RPI among the top 10% of programs nationally. While it ranks in the 60th percentile within New York, that comparison is somewhat misleading: the state's highest earner (Rochester Institute of Technology) sits only $2,000 ahead at the one-year mark, and RPI's stronger growth curve suggests its graduates pull ahead in subsequent years.

The $26,000 median debt sits slightly above state and national benchmarks but remains highly manageable with a 0.35 debt-to-earnings ratio—meaning graduates owe just over four months' salary. This is one of the better value propositions in engineering education, where strong outcomes justify moderate borrowing. The school's 58% admission rate and solid SAT averages indicate selectivity without being prohibitively competitive.

For families willing to invest in a well-established engineering program, RPI delivers tangible returns. The combination of strong initial placement, robust salary growth, and controlled debt levels makes this a straightforward positive investment, particularly for students serious about biomedical engineering careers in medical devices, pharmaceuticals, or research.

Where Rensselaer Polytechnic Institute Stands

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

Earnings Distribution

How Rensselaer Polytechnic Institute graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Rensselaer Polytechnic Institute$74,427$98,618+33%
Syracuse University$64,660$89,553+38%
University of Rochester$69,414$86,302+24%
Rochester Institute of Technology$72,344$82,443+14%
Binghamton University$58,999$75,680+28%

Compare to Similar Programs in New York

Biomedical/Medical Engineering bachelors's programs at peer institutions in New York (15 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Rensselaer Polytechnic InstituteTroy$61,884$74,427$98,618$26,0000.35
Rochester Institute of TechnologyRochester$57,016$72,344$82,443$29,1830.40
University of RochesterRochester$64,348$69,414$86,302$20,5000.30
Syracuse UniversitySyracuse$63,061$64,660$89,553$27,0000.42
Columbia University in the City of New YorkNew York$69,045$62,895$19,5000.31
Union CollegeSchenectady$66,456$62,624$27,0000.43
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 Rensselaer Polytechnic Institute, 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 81 graduates with reported earnings and 102 graduates with debt data. Small samples may not be representative.