Analysis
The University of Iowa's biomedical engineering program starts graduates below the national median but demonstrates strong upward momentum, with earnings jumping 32% to nearly $77,000 by year four. That growth trajectory matters more than the modest $58,144 starting salary, especially when coupled with just $27,000 in debt—less than half a year's starting earnings and among the lowest debt loads nationally for this field.
Within Iowa's limited biomedical engineering landscape (only three programs), this sits at the median for both earnings and debt. The real story emerges in the national comparison: while starting salaries land in the 28th percentile nationally, the exceptional debt-to-earnings ratio (0.46) beats most programs that produce higher initial earners but saddle students with significantly more debt. Four years out, when many biomedical engineers are establishing themselves in medical device companies or research roles, Iowa graduates reach competitive mid-career earnings without the debt burden that constrains career choices.
For families prioritizing manageable debt while maintaining solid earning potential, this program delivers. The starting salary lag matters less when you're not carrying $40,000+ in loans, and the strong earnings growth suggests Iowa's curriculum prepares graduates for career advancement. It's a financially prudent path into biomedical engineering, though students seeking immediate high earnings might look elsewhere.
Where University of Iowa Stands
Earnings vs. debt across all biomedical/medical engineering bachelors's programs nationally
Earnings Distribution
How University of Iowa 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 |
|---|---|---|---|
| University of Iowa | $58,144 | $76,896 | +32% |
| Massachusetts Institute of Technology | $70,696 | $116,182 | +64% |
| Northwestern University | $68,592 | $108,516 | +58% |
| University of Pennsylvania | $93,310 | $105,728 | +13% |
| University of Southern California | $80,508 | $104,579 | +30% |
Compare to Similar Programs Nationally
Biomedical/Medical Engineering bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,964 | $58,144 | $76,896 | $27,000 | 0.46 | |
| $66,104 | $93,310 | $105,728 | $15,593 | 0.17 | |
| $58,128 | $88,307 | — | — | — | |
| $11,075 | $81,186 | $97,977 | $20,500 | 0.25 | |
| $68,237 | $80,508 | $104,579 | $14,500 | 0.18 | |
| $41,010 | $80,401 | $90,840 | $27,000 | 0.34 | |
| 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 University of Iowa, approximately 18% 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 79 graduates with reported earnings and 103 graduates with debt data. Small samples may not be representative.