Bioengineering and Biomedical Engineering Degree from Drexel University Return on Investment
See what the return on investment is for jobs that someone with a Bioengineering and Biomedical Engineering degree from Drexel University is likely to work in.
Top job projections for graduates in bioengineering and biomedical engineering from drexel university
Bioengineers and biomedical engineers
Projection Rating: C
Median Annual Wage: $100,730
Percentage of Paycheck to Repay: 23.53%-17.51%
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: 46.09%-34.29%
Employment Change: 5.5%
Entry-Level Education: Bachelor's degree
If you're considering a degree in bioengineering or biomedical engineering, understanding the return on investment (ROI) of your education is crucial. At Drexel University, students benefit from a comprehensive curriculum that combines theoretical knowledge with practical experience, ensuring graduates are well-prepared for the workforce.
Drexel University’s bioengineering and biomedical engineering programs are designed to equip students with the skills needed in a rapidly evolving industry. Graduates are highly sought after by employers, leading to competitive starting salaries and job security. According to recent data, the average starting salary for graduates in these fields is significantly higher than the national average, reflecting the strong demand for skilled professionals in healthcare technology and medical device development.
Moreover, Drexel’s co-op program allows students to gain invaluable real-world experience while earning academic credit. This not only enhances their resumes but also gives them a competitive edge when entering the job market. The connections made during these cooperative education placements often lead to full-time job offers upon graduation, further boosting the ROI of a Drexel degree.
In addition to financial benefits, graduates of Drexel’s bioengineering and biomedical engineering programs are positioned to make a meaningful impact in the healthcare sector. With the ongoing advancements in medical technology, professionals in these fields play a crucial role in improving patient care and outcomes. This sense of purpose and contribution to society adds intrinsic value to the investment in their education.
Choosing to pursue a bioengineering or biomedical engineering degree at Drexel University means investing in a future filled with opportunities. With strong earning potential, practical experience, and the chance to make a difference, the ROI of your degree is not just measured in dollars but also in the positive impact you can have on the world.
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.