Bioengineering and Biomedical Engineering Degree from Lehigh University Return on Investment

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

F D C B A
Approximate Total Payment $287,670
Approximate Total Interest $81,420
Monthly Payment $1997.71
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 lehigh university

Bioengineers and biomedical engineers

Projection Rating: C

Median Annual Wage: $100,730

Percentage of Paycheck to Repay: 23.80%-17.71%

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: 46.61%-34.68%

Employment Change: 5.5%

Entry-Level Education: Bachelor's degree

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

When considering a degree in Bioengineering or Biomedical Engineering from Lehigh University, one of the most critical factors to evaluate is the return on investment (ROI). This degree not only opens doors to cutting-edge careers but also provides financial benefits that can significantly outweigh the costs of education.

Lehigh University is renowned for its rigorous academic programs, state-of-the-art facilities, and exceptional faculty. Graduates from the bioengineering and biomedical engineering programs are well-prepared to enter the workforce with a deep understanding of both engineering principles and biological sciences. This unique blend of knowledge is highly sought after in various industries, including healthcare, pharmaceuticals, and medical device manufacturing.

According to recent statistics, graduates from Lehigh's bioengineering and biomedical engineering programs report competitive starting salaries, often exceeding the national average for engineering graduates. The strong industry connections that Lehigh maintains also provide students with valuable internship and co-op opportunities, further enhancing their employability and earning potential post-graduation.

Moreover, the demand for bioengineers and biomedical engineers is projected to grow significantly in the coming years. As the population ages and technological advancements continue, the need for innovative solutions in healthcare will only increase. This trend translates into a robust job market for graduates, ensuring that your investment in a Lehigh education yields fruitful results.

In addition to solid job prospects and high earning potential, the experience gained during your studies at Lehigh, including hands-on projects, research opportunities, and collaboration with leading experts, enhances your skill set and prepares you to tackle real-world challenges. This comprehensive education not only boosts your resume but also positions you as a leader in the field.

In summary, investing in a Bioengineering or Biomedical Engineering degree from Lehigh University represents a significant opportunity for future success. With competitive salaries, strong job demand, and a rich educational experience, the ROI of this degree is not just financial; it also paves the way for a fulfilling and impactful career in a rapidly evolving industry.

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!