Median Earnings (1yr)
$93,310
95th percentile
80th percentile in Pennsylvania
Median Debt
$15,593
33% below national median

Analysis

Penn Engineering's biomedical program produces exceptional early-career outcomes, with graduates earning $93,310 in their first year—significantly above Pennsylvania's median of $70,601 and ranking in the 95th percentile nationally. Even among the state's competitive biomedical programs, Penn graduates out-earn peers at Drexel ($74,860) and Lehigh ($72,440) by substantial margins. The debt picture is equally impressive: at $15,593, graduates carry roughly half the state median ($27,000) and well below the national average ($23,246).

The catch? These figures represent a small cohort of fewer than 30 graduates, so individual outcomes may vary more than these numbers suggest. Still, the fundamental math works strongly in graduates' favor. With a debt-to-earnings ratio of just 0.17, typical graduates could theoretically pay off their loans in under two months of gross pay. Earnings also grow steadily, reaching $105,728 by year four—a 13% gain that suggests strong career trajectory rather than a ceiling effect.

For families who can navigate Penn's 6% admission rate, this program combines prestige with practical financial returns. The low debt load is particularly noteworthy at an elite private institution, likely reflecting generous financial aid (though only 16% of students receive Pell grants, indicating limited economic diversity). If your student has the credentials to gain admission, the investment case here is straightforward.

Where University of Pennsylvania Stands

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

Earnings Distribution

How University of Pennsylvania graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
University of Pennsylvania$93,310$105,728+13%
Massachusetts Institute of Technology$70,696$116,182+64%
University of Pittsburgh-Pittsburgh Campus$67,627$91,369+35%
Drexel University$74,860$88,294+18%
Lehigh University$72,440$84,975+17%

Compare to Similar Programs in Pennsylvania

Biomedical/Medical Engineering bachelors's programs at peer institutions in Pennsylvania (12 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of PennsylvaniaPhiladelphia$66,104$93,310$105,728$15,5930.17
Drexel UniversityPhiladelphia$60,663$74,860$88,294$30,6970.41
Lehigh UniversityBethlehem$62,180$72,440$84,975$26,0000.36
Widener UniversityChester$53,638$68,762$27,0000.39
University of Pittsburgh-Pittsburgh CampusPittsburgh$21,524$67,627$91,369$27,0000.40
Temple UniversityPhiladelphia$22,082$54,415$27,0000.50
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 University of Pennsylvania, 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 20 graduates with reported earnings and 28 graduates with debt data. Small samples may not be representative.