Analysis
The first-year earnings here are surprisingly modest given Vanderbilt's elite status and 6% admission rate—$63,402 barely exceeds Tennessee's state median and falls slightly below the national average. For a school that competes with MIT and Stanford for students, this likely reflects career choices rather than job prospects: many biomedical engineering graduates pursue medical school, graduate degrees, or research positions that temporarily depress immediate earnings.
The compelling piece comes four years out, when median earnings jump 49% to $94,340. That trajectory suggests graduates eventually leverage Vanderbilt's brand and network, whether moving into industry roles, completing advanced degrees, or pivoting to higher-paying sectors like consulting or finance. The $19,500 in debt—well below both state and national medians—gives graduates flexibility to make those moves without financial pressure. A debt-to-earnings ratio of 0.31 means even with the modest starting salary, debt burden remains light.
The caveat here is the small sample size makes these numbers less reliable than typical program data. With only Vanderbilt, UT-Knoxville, and Memphis offering biomedical engineering in Tennessee, you're looking at a limited dataset for state comparisons. Still, the combination of manageable debt and strong earnings growth four years out suggests this program provides good value—particularly for students planning graduate school or careers where Vanderbilt's prestige carries weight beyond that first paycheck.
Where Vanderbilt University Stands
Earnings vs. debt across all biomedical/medical engineering bachelors's programs nationally
Earnings Distribution
How Vanderbilt University 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 |
|---|---|---|---|
| Vanderbilt University | $63,402 | $94,340 | +49% |
| Massachusetts Institute of Technology | $70,696 | $116,182 | +64% |
| Northwestern University | $68,592 | $108,516 | +58% |
| University of Pennsylvania | $93,310 | $105,728 | +13% |
| The University of Tennessee-Knoxville | $47,261 | $72,490 | +53% |
Compare to Similar Programs in Tennessee
Biomedical/Medical Engineering bachelors's programs at peer institutions in Tennessee (3 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $63,946 | $63,402 | $94,340 | $19,500 | 0.31 | |
| $10,344 | $62,454 | — | $26,500 | 0.42 | |
| $13,484 | $47,261 | $72,490 | $22,200 | 0.47 | |
| 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 Vanderbilt University, approximately 19% 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 26 graduates with reported earnings and 23 graduates with debt data. Small samples may not be representative.