# Stevens Institute of Technology: Biomedical Engineering (bachelor's)

Hoboken, NJ. IPEDS 186867, CIP 14.05. Page: https://educationguide.com/colleges/stevens-institute-of-technology/majors/biomedical-engineering

## Graduate outcomes
- Median earnings 1 year after graduating: $73,454
- Median earnings 4 years after graduating: $99,842 (U.S. median for this major: $94,168 across 117 colleges)
- Median federal loan debt: $27,000 (U.S. median $23,248)
- Rank in NJ: 1 of 4 colleges by 4-year earnings
- Versus the NJ median for this major (4 colleges, $89,123): +$10,719
- Versus the U.S. median: +$5,674

## Cost to finish and years to pay back (EducationGuide calculation)
School-wide net price x 4.26 years (average time graduates took). Earnings gain = $99,842 minus $36,661 for high school graduates ages 25-34 in NJ (Census ACS 2020-2024).

| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| 0-30k | $27,221 | $115,961 | 1.8 years |
| 30-48k | $27,603 | $117,589 | 1.9 years |
| 48-75k | $33,102 | $141,015 | 2.2 years |
| 75-110k | $38,095 | $162,285 | 2.6 years |
| 110k+ | $49,538 | $211,032 | 3.3 years |

Method: https://educationguide.com/how-we-score#value

## Biomedical Engineering at NJ colleges
| College | Earnings 4 yrs | Median debt | Avg. net price | Graduation |
|---|---|---|---|---|
| Stevens Institute of Technology | $99,842 | $27,000 | $41,346 | 87% |
| Rutgers University-New Brunswick | $89,850 | $25,989 | $24,406 | 84% |
| New Jersey Institute of Technology | $88,396 | $22,125 | $16,504 | 73% |
| Rowan University | $84,059 | $27,000 | $22,408 | 67% |

## Careers
- Biomedical engineer (SOC 17-2030): median wage $110,830 New York-Newark-Jersey City, NY-NJ, $114,680 NJ, $109,370 U.S.; U.S. jobs 7.6% by 2035
- Architectural and Engineering Managers (SOC 11-9041): median wage $183,890 New York-Newark-Jersey City, NY-NJ, $180,640 NJ, $171,270 U.S.; U.S. jobs 5.5% by 2035

## Sources and years
- Earnings (4 yr): Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars; debt: NSLDS pooled AY2018-19, AY2019-20 cohort

Free to reuse with attribution: cite "EducationGuide.com" with a link to the page URL. Most figures are U.S. government data (public domain); loan default rates and athletics come from the Urban Institute Education Data Portal (ODC-By 1.0, attribution required) and founding years from Wikidata (CC0).