Bachelor's Degree in Biomedical/Medical Engineering. — ROI at University of Connecticut-Stamford

CT  ·  Based on U.S. Department of Education College Scorecard data

Financial Breakdown for Biomedical/Medical Engineering. at University of Connecticut-Stamford

Net Annual Cost

$27,737

After grants & scholarships


$0

Median Earnings

$73,807

Median salary after graduation

Net Debt

$26,974

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$73,807 × 20 years

+$1,476,140

Total 4-Year Cost

$27,737 × 4 years

−$110,948

Estimated Debt Payoff Includes estimated interest over a standard 10-year repayment plan.

$26,974 principal × 1.35 (interest)

−$36,414

Baseline Opportunity Cost The estimated earnings you would make with a high school diploma over 20 years ($42,000/yr), which you forfeit while studying.

$42,000 median no-degree salary × 20 years

−$840,000

20-Year Net ROI

+$488,777

Graduation Rate

59.5%

of students complete their degree

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How we calculate ROI

20-Year Net ROI = Gross Earnings − Total 4-Year Cost − Estimated Debt Payoff − Baseline Opportunity Cost

Baseline assumes $42,000/yr median earnings without a college degree. Debt payoff uses a 1.35× multiplier to account for interest over a standard repayment period.

Data sourced from the U.S. College Scorecard.