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Biomedical/Medical Engineering at Illinois Institute of Technology

Chicago, IL · Private nonprofit · Bachelor's Degree
44 /100
DegreeOutlook Score (Base Case)
45
Optimistic
44
Base Case
43
Pessimistic
Earnings $48,572/yr (-24% vs median)
AI Risk High (50% exposed)
Job Market Medium (19,900 openings/yr)
ROI 3.4x earnings multiple
Ranked #110 of 119 Biomedical/Medical Engineering programs

How AI Changes the Outlook

Three scenarios based on how aggressively AI disrupts the career paths available to Biomedical/Medical Engineering graduates.

Optimistic
No Disruption		 Base Case
Gradual AI		 Pessimistic
Aggressive AI
10-Year Earnings $717K $697K $616K
Earnings Multiple 3.5x 3.4x 3.0x
Probability of Field Employment 73% 67% 48%
DegreeOutlook Score 45 44 43

10-Year Earnings Projection

*Year 1 uses actual reported earnings. Scenarios diverge as AI impact compounds over time.

4-Year Tuition (Sticker)
$207,052
4-Year Net Price (After Aid)
$77,412
63% less than sticker · See by income
Median Debt at Graduation
$27,000
6.7 months of Year 1 earnings
Reported Earnings (5 Year)
$72,853
50% growth from Year 1

Program Analysis

At $48,572 per year, Biomedical/Medical Engineering graduates from Illinois Institute of Technology earn below the $63,751 national average. Lower costs or geographic factors may offset the earnings gap.

The 3.4x return on tuition is positive but not overwhelming. Financial outcomes depend on keeping costs close to in-state rates.

AI risk is moderate — 50% task exposure — and the 14% scenario spread suggests disruption would dent but not destroy the earnings outlook.

The $27,000 debt-to-$48,572 income ratio translates to about 7 months of earnings. Standard loan terms should handle this comfortably.

At #110 out of 119 programs, Illinois Institute of Technology's financial outcomes for Biomedical/Medical Engineering trail the majority of peers. The value case depends on other factors.

The five-year earnings trajectory from $48,572 to $72,853 shows 50% growth, reflecting steady but unremarkable salary progression.

About Illinois Institute of Technology

Illinois Institute of Technology accepts 55% of applicants, balancing access with selectivity, with a smaller student body of 2,812 in Chicago, IL. The average net cost of $77,412 over four years represents a 63% discount from published tuition.

See all programs and financial aid at Illinois Institute of Technology →

Top Career Paths

Architectural and engineering managers $167,740/yr
Bioengineers and biomedical engineers $106,950/yr
Engineering teachers, postsecondary $106,120/yr
View all 3 career paths with salary ranges and AI risk →

Compare & Explore

Compare this program → View all 119 schools offering Biomedical/Medical Engineering →

Biomedical/Medical Engineering at Other Schools

University of Pennsylvania ($93,310) Rice University ($88,307) California Polytechnic State University-San Luis Obispo ($81,186) University of Southern California ($80,508) Wentworth Institute of Technology ($80,401) Case Western Reserve University ($78,815) Worcester Polytechnic Institute ($78,283) University of the Pacific ($77,099)

Other Majors at Illinois Institute of Technology

Computer Science ($86,005) Computer Engineering ($81,252) Engineering-Related Fields ($72,164) Civil Engineering ($71,760) Electrical, Electronics and Communications Engineering ($69,966) Mechanical Engineering ($65,386) Chemical Engineering ($64,526) Aerospace, Aeronautical and Astronautical Engineering ($63,169)

Consider the Trade Route?

Compare Biomedical/Medical Engineering trade programs on TradeSchoolWorth →

Trade programs often mean less time in school, lower student debt, and hands-on career paths that tend to be more resilient to AI disruption.

Frequently Asked Questions

How does Illinois Institute of Technology's Biomedical/Medical Engineering program score?
This program scores 44/100 — on the lower end for Biomedical/Medical Engineering. Prospective students should carefully weigh costs against likely earnings.
How vulnerable is Biomedical/Medical Engineering to AI automation?
AI won't 'replace' Biomedical/Medical Engineering careers outright, but it is likely to reduce the number of job openings. We model 50% task exposure, which compresses field employment probability in our scenarios.
Why are Biomedical/Medical Engineering earnings lower at Illinois Institute of Technology?
Lower starting pay at Illinois Institute of Technology may reflect local labor market conditions rather than program quality. Many graduates see convergence with national averages within 3-5 years.
How affordable is Biomedical/Medical Engineering at Illinois Institute of Technology after financial aid?
Sticker price is $207,052, but the average net cost is $77,412 — a 63% discount. For students who qualify for aid, this program is considerably more affordable than it appears.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →