Analysis
UW-Madison's biomedical engineering program launches graduates into strong starting salaries—$74,094 puts them in the 92nd percentile nationally and ahead of the national median by nearly $10,000. The debt load of $20,492 is notably lower than both state and national averages, creating a debt-to-earnings ratio of just 0.28 that few engineering programs can match. Among Wisconsin's limited options for this field, Madison sits right in the middle earnings-wise (60th percentile), essentially tied with Marquette and significantly ahead of UW-Milwaukee.
The concern here is stagnation rather than struggle. Four years out, median earnings have barely budged to $76,003—just 3% growth over three years. While the strong starting position means graduates aren't hurting financially, this pattern suggests the bachelor's degree may be hitting a ceiling quickly. Many biomedical engineers pursue graduate degrees or pivot into adjacent fields like medical device sales or regulatory affairs to advance their careers.
For a student certain about biomedical engineering and planning to stay in the field, this remains a solid choice with manageable debt. But if your child is considering this path, have honest conversations about whether they're prepared for the advanced degrees that often unlock higher earnings in this field, or whether they might be equally happy in mechanical or electrical engineering programs that offer more growth with just the bachelor's degree.
Where University of Wisconsin-Madison Stands
Earnings vs. debt across all biomedical/medical engineering bachelors's programs nationally
Earnings Distribution
How University of Wisconsin-Madison 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 Wisconsin-Madison | $74,094 | $76,003 | +3% |
| Massachusetts Institute of Technology | $70,696 | $116,182 | +64% |
| Northwestern University | $68,592 | $108,516 | +58% |
| Marquette University | $73,526 | $79,984 | +9% |
| Milwaukee School of Engineering | $70,090 | $75,667 | +8% |
Compare to Similar Programs in Wisconsin
Biomedical/Medical Engineering bachelors's programs at peer institutions in Wisconsin (4 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $11,205 | $74,094 | $76,003 | $20,492 | 0.28 | |
| $48,700 | $73,526 | $79,984 | $27,000 | 0.37 | |
| $48,421 | $70,090 | $75,667 | $27,000 | 0.39 | |
| $10,020 | $50,472 | — | $29,000 | 0.57 | |
| 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 Wisconsin-Madison, approximately 15% 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 38 graduates with reported earnings and 56 graduates with debt data. Small samples may not be representative.