Analysis
Rice's biomedical engineering graduates earn $88,307 in their first year—roughly $25,000 more than Texas A&M graduates in the same field and nearly $50,000 above the national median. While the $26,237 debt estimate comes from peer institutions rather than Rice's own data, that figure would produce a debt-to-earnings ratio of 0.30, meaning graduates could theoretically pay off their loans in about four months of gross income. That's exceptional leverage for an engineering degree.
The limited data here reflects Rice's small graduating classes, not a quality concern. The school's 8% admission rate and 1553 average SAT signal extreme selectivity, and that rigor appears to translate directly into market outcomes. These graduates enter the workforce at earnings levels that most biomedical engineering programs—including UT Austin—don't approach. The Houston location matters too, given the Texas Medical Center's concentration of hospitals, research facilities, and medical device companies that actively recruit Rice engineers.
For families who can manage the estimated $26,000 in debt, this represents one of the strongest earnings outcomes in biomedical engineering nationwide. The real variable isn't the debt—it's whether your student can gain admission and handle the academic intensity. If they can, the financial return speaks clearly enough.
Where Rice University Stands
Earnings vs. debt across all biomedical/medical engineering bachelors's programs nationally
Earnings Distribution
How Rice University graduates compare to all programs nationally
Compare to Similar Programs in Texas
Biomedical/Medical Engineering bachelors's programs at peer institutions in Texas (9 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $58,128 | $88,307 | — | $26,237* | — | |
| $13,099 | $63,249 | $87,290 | $19,500* | 0.31 | |
| $8,991 | $60,705 | — | $24,900* | 0.41 | |
| $14,564 | $58,916 | $73,218 | $18,750* | 0.32 | |
| $11,678 | $56,045 | $87,087 | $21,071* | 0.38 | |
| $9,711 | $48,329 | — | $13,502* | 0.28 | |
| 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 Rice University, approximately 16% 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 17 graduates with reported earnings and 18 graduates with debt data. Small samples may not be representative.