Bachelor's · Newark, New Jersey

Is Biomedical/Medical Engineering at New Jersey Institute of Technology worth it?

Medium confidence Medium confidence: 40–99 graduates behind the earnings figures.

The verdict · all families, in-state, half paid with loans

Pays back fast: graduates typically recover the cost in about 2.7 years.

Earnings 1 year after graduating: $73,235; Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Earnings 4 years after graduating: $94,948; Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Typical federal debt at graduation: $19,594; NSLDS pooled AY2022-23, AY2023-24 cohort
Net cost to graduate, all families: $80k (likely $80k – $107k); AcadYr 2024-25, reported in IPEDS DCY2025-26
Earnings bump, year 4: $55k a year vs high-school graduates aged 25–34 in NJ; 2023 ACS 5-year pooled, adjusted to 2024 dollars
Payback: 2.7 years (likely 2.2–3.5); Bump vs net cost plus loan interest
10-year net return: $259k (likely $150k – $368k); Today's dollars
20-year net return: $910k (likely $687k – $1.17M); Today's dollars
Odds of finishing (school-wide): 72%; Fall 2019 or AcadYr 2019-20 cohort (differs by institutional calendar), reported in IPEDS DCY2025-26
Borrowers making progress / in default, 2 years in: not reported / ≤ 20%; NSLDS AY2016-17, AY2017-18 pooled cohorts measured in 2018-19, 2019-20

Change income, residency or loans Compare Biomedical/Medical Engineering at other schools

🏗️ Getting ready in high school

Students heading toward engineering & architecture majors like this one often take these classes. Every school offers a different mix, so check with your counselor.

AP classes

AP Calculus AB or BC
AP Physics 1
AP Physics C: Mechanics
AP Chemistry

IB Higher Level

Mathematics: Analysis and Approaches HL
Physics HL

Build my roadmap 🗺️ Middle school to career, plus high schools near you that offer these classes.

Other majors at New Jersey Institute of Technology

Information Science/Studies (Master's)$140,197
Computer and Information Sciences, General (Master's)$139,346
Electrical, Electronics, and Communications Engineering (Master's)$127,494
Business Administration, Management and Operations (Master's)$119,814
Engineering-Related Fields (Master's)$119,665
Chemical Engineering (Master's)$110,950
Civil Engineering (Master's)$107,682
Mechanical Engineering (Master's)$105,200
Biomedical/Medical Engineering (Master's)$104,927
Information Science/Studies (Bachelor's)$103,918
Industrial Engineering (Bachelor's)$101,547
Computer Engineering (Bachelor's)$99,880