Median Earnings (1yr)
$71,714
79th percentile
40th percentile in Indiana
Median Debt
$26,441
14% above national median

Analysis

Rose-Hulman's biomedical engineering graduates start at $71,714, which sounds strong until you look closer at the Indiana market. Despite the school's elite engineering reputation, this program trails both Purdue ($72,749) and IU Indianapolis ($71,852)—landing at just the 40th percentile statewide. The national story is better (79th percentile), but you're paying Indiana tuition, so the state comparison matters more. For a school that's supposedly a top-tier engineering powerhouse, matching the state median rather than leading it is underwhelming.

The financial picture itself is solid: $26,441 in debt against $71,714 in starting earnings yields a manageable 0.37 ratio, and graduates see steady growth to $83,476 by year four. There's nothing alarming here—graduates aren't drowning in debt. But there's also nothing that justifies Rose-Hulman's premium positioning. With a 73% admission rate and limited socioeconomic diversity (only 12% Pell-eligible), this isn't exactly Caltech-level selectivity to match those elite-engineering-school expectations.

The value question is straightforward: if your child can get into Rose-Hulman's biomedical program, they can likely get into Purdue or IU Indianapolis, where outcomes are comparable or better. Unless there's a compelling fit reason—small classes, specific research opportunities—it's hard to argue Rose-Hulman offers meaningful value over its in-state competitors in this particular field.

Where Rose-Hulman Institute of Technology Stands

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

Earnings Distribution

How Rose-Hulman Institute of Technology graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Rose-Hulman Institute of Technology$71,714$83,476+16%
Massachusetts Institute of Technology$70,696$116,182+64%
Northwestern University$68,592$108,516+58%
Purdue University-Main Campus$72,749$78,264+8%
Indiana University-Indianapolis$71,852$76,252+6%

Compare to Similar Programs in Indiana

Biomedical/Medical Engineering bachelors's programs at peer institutions in Indiana (6 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Rose-Hulman Institute of TechnologyTerre Haute$56,674$71,714$83,476$26,4410.37
Purdue University-Main CampusWest Lafayette$9,992$72,749$78,264$19,5000.27
Indiana University-IndianapolisIndianapolis$10,449$71,852$76,252$20,7290.29
Trine UniversityAngola$35,600$67,702—$27,0000.40
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 Rose-Hulman Institute of Technology, approximately 12% 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 42 graduates with reported earnings and 50 graduates with debt data. Small samples may not be representative.