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Biomedical/Medical Engineering at Stevens Institute of Technology

Hoboken, NJ · Private nonprofit · Bachelor's Degree
56 /100
DegreeOutlook Score (Base Case)
57
Optimistic
56
Base Case
53
Pessimistic
Earnings $73,454/yr (15% vs median)
AI Risk High (50% exposed)
Job Market Medium (19,900 openings/yr)
ROI 3.4x earnings multiple
Ranked #81 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 $859K $826K $708K
Earnings Multiple 3.5x 3.4x 2.9x
Probability of Field Employment 73% 67% 48%
DegreeOutlook Score 57 56 53

10-Year Earnings Projection

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

4-Year Tuition (Sticker)
$243,808
4-Year Net Price (After Aid)
$161,872
34% less than sticker · See by income
Median Debt at Graduation
$27,000
4.4 months of Year 1 earnings
Reported Earnings (5 Year)
$94,580
29% growth from Year 1

Program Analysis

First-year earnings of $73,454 at Stevens Institute of Technology come in 15% above the national median of $63,751 for Biomedical/Medical Engineering programs.

At 3.4x tuition cost in decade earnings, the ROI is moderate. This program pays for itself, but it's not a financial slam-dunk.

The 18% difference between AI scenarios reflects partial automation exposure. Some Biomedical/Medical Engineering career paths face displacement, but others in the field are more insulated.

With first-year pay of $73,454 far exceeding the $27,000 median debt, the payback timeline is measured in months, not years.

A #81 ranking among 119 Biomedical/Medical Engineering programs places Stevens Institute of Technology in the lower half. Price, proximity, and personal fit become the stronger arguments.

A 29% earnings increase from $73,454 to $94,580 over five years is solid — not a moonshot, but evidence of normal career advancement.

About Stevens Institute of Technology

A 43% admission rate makes Stevens Institute of Technology accessible to a wide range of qualified students, a compact campus enrolling 4,084 students in Hoboken, NJ. After financial aid, the average student pays $161,872 over four years — 34% below sticker price.

See all programs and financial aid at Stevens 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 Stevens Institute of Technology

Computer Science ($99,007) Applied Mathematics ($97,700) Electrical, Electronics and Communications Engineering ($90,136) Computer Engineering ($89,001) Engineering-Related Fields ($79,755) Chemical Engineering ($79,339) Mechanical Engineering ($77,925) Civil Engineering ($74,011)

Is a Trade Program a Better Fit?

Compare Biomedical/Medical Engineering trade programs on TradeSchoolWorth →

For students who prefer applied learning, trade programs can deliver strong earnings with significantly less debt and shorter time to employment.

Frequently Asked Questions

What does a 56/100 DegreeOutlook Score mean for Biomedical/Medical Engineering at Stevens Institute of Technology?
At 56/100, the score looks reasonable — but Biomedical/Medical Engineering is a high-scoring field overall. Compared to peers, this program's earnings and ROI fall below the median.
Should I worry about AI if I study Biomedical/Medical Engineering at Stevens Institute of Technology?
The 50% AI task exposure score is above average. Our model shows this affecting job availability more than salaries — graduates may face stiffer competition for fewer positions.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →