Bioengineering and Biomedical Engineering Degree from Cornell University Return on Investment

See what the return on investment is for jobs that someone with a Bioengineering and Biomedical Engineering degree from Cornell University is likely to work in.

F D C B A
Approximate Total Payment $310,692
Approximate Total Interest $87,936
Monthly Payment $2157.58
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in bioengineering and biomedical engineering from cornell university

Bioengineers and biomedical engineers

Projection Rating: C-

Median Annual Wage: $100,730

Percentage of Paycheck to Repay: 25.70%-19.13%

Employment Change: 1.5%

Entry-Level Education: Bachelor's degree

Biological technicians

Projection Rating: F-

Median Annual Wage: $51,430

Percentage of Paycheck to Repay: 50.34%-37.46%

Employment Change: 5.5%

Entry-Level Education: Bachelor's degree

Don't see the job you're looking for? Click here.

The pursuit of a Bioengineering or Biomedical Engineering degree from Cornell University represents not just an academic venture, but a strategic investment in your future career. As one of the leading institutions in the field, Cornell combines rigorous coursework with cutting-edge research opportunities, ensuring that graduates are well-prepared to meet the demands of the healthcare and technology sectors.

When assessing the return on investment (ROI) of a degree from Cornell, several key factors come into play:

  • High Earning Potential: Graduates from Cornell’s Bioengineering and Biomedical Engineering programs often command competitive salaries. According to recent data, alumni can expect starting salaries significantly above the national average for engineering graduates, with many seeing rapid salary growth as they gain experience.
  • Strong Job Placement Rates: Cornell University boasts impressive job placement rates for its engineering graduates. The university’s robust career services and extensive alumni network facilitate connections with leading companies in the field, increasing the chances of securing a desirable position post-graduation.
  • Interdisciplinary Learning Opportunities: The unique curriculum at Cornell encourages collaboration across various disciplines, equipping students with a diverse skill set. This interdisciplinary approach enhances employability and prepares graduates for the multifaceted challenges faced in bioengineering and biomedical fields.
  • Research Experience: Cornell’s emphasis on research allows students to engage in innovative projects and gain hands-on experience. This not only enriches the educational experience but also strengthens a graduate’s resume, making them more attractive to potential employers.
  • Access to Cutting-Edge Facilities: With state-of-the-art laboratories and resources, Cornell provides an environment conducive to learning and discovery. Access to the latest technology and research methods gives graduates a competitive edge in the job market.

In conclusion, investing in a Bioengineering or Biomedical Engineering degree from Cornell University can yield significant returns. With high earning potential, strong job placement rates, and unparalleled research opportunities, graduates are well-positioned to excel in their careers and make meaningful contributions to the field of healthcare and technology. By choosing Cornell, students are not just pursuing a degree; they are investing in a promising future.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

Get your personalized projection here!