Analysis
The $15,500 debt load for University of Louisville's biomedical engineering program ranks among the lowest nationally—landing in the 95th percentile means only 5% of comparable programs leave graduates with less debt. That's genuinely remarkable for an engineering degree and reflects Kentucky's relatively affordable in-state tuition. Pair that with estimated first-year earnings around $64,660 (based on national medians for biomedical engineering bachelor's programs), and you're looking at a debt-to-earnings ratio of 0.24—meaning graduates would theoretically owe less than three months of their annual salary.
The caveat here is significant: we don't have actual earnings data for Louisville's specific graduates in this major, so these projections rely on what similar programs produce nationally. Biomedical engineering salaries vary considerably by industry and role—working in medical device manufacturing versus research versus hospital settings can mean vastly different trajectories. The field also frequently rewards graduate education, so that $64,660 figure may represent just a starting point for many students.
The low debt is real and matters. Even if Louisville's graduates earn somewhat below the national median, they're carrying half the debt burden of typical biomedical engineering programs. For families who can keep borrowing minimal through in-state attendance, that's a meaningful advantage over pricier alternatives—just understand you're betting on outcomes we can't yet verify for this specific program.
Where University of Louisville Stands
Earnings vs. debt across all biomedical/medical engineering bachelors's programs nationally
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 |
|---|---|---|---|---|---|
| $12,828 | $64,660* | — | $15,500 | — | |
| $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 Louisville, approximately 29% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 119 similar programs. Actual outcomes may vary.