Biomedical/Medical Engineering at Colorado School of Mines

Golden, CO · Public · Bachelor's Degree
62 /100
DegreeOutlook Score (Base Case) — assumes in-state tuition
63
Optimistic
62
Base Case
60
Pessimistic
Earnings $56,529/yr (-11% vs median)
AI Risk High (50% exposed)
Job Market Medium (19,900 openings/yr)
ROI 11.2x earnings multiple (5.4x out-of-state)
Ranked #50 of 119 Biomedical/Medical Engineering programs Top 50%

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 $996K $951K $797K
Earnings Multiple (In-State) 11.7x 11.2x 9.4x
Earnings Multiple (Out-of-State) 5.6x 5.4x 4.5x
Probability of Field Employment 73% 67% 48%
DegreeOutlook Score 63 62 60

10-Year Earnings Projection

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

4-Year Tuition, In-State (Sticker)
$84,744
Out-of-state: $177,504 (5.4x ROI)
4-Year Net Price (After Aid)
$116,960
-38% less than sticker · See by income
Median Debt at Graduation
$23,370
5.0 months of Year 1 earnings
Reported Earnings (5 Year)
$100,802
78% growth from Year 1

Program Analysis

At $56,529/yr, Biomedical/Medical Engineering graduates from Colorado School of Mines land near the $63,751 national average — neither a standout nor a red flag.

The 11.2x earnings multiple means ten-year projected earnings exceed tuition cost by an order of magnitude. By pure financial math, this is a standout.

AI risk is moderate — 50% task exposure — and the 20% scenario spread suggests disruption would dent but not destroy the earnings outlook.

The median debt load of $23,370 represents less than half a year of starting salary — among the lightest debt-to-income ratios we track.

Ranked #50 out of 119 programs, Colorado School of Mines's Biomedical/Medical Engineering offering sits in the upper half but doesn't break into the top tier.

Earnings growth from $56,529 to $100,802 over five years (78% increase) indicates that graduates in this field see meaningful salary progression.

About Colorado School of Mines

Colorado School of Mines accepts 60% of applicants, balancing access with selectivity, enrolling 5,801 students in Golden, CO.

See all programs and financial aid at Colorado School of Mines →

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

Biomedical/Medical Engineering at Other Schools

Other Majors at Colorado School of Mines

Explore the Trade Alternative

Not every career requires a four-year degree. Trade programs in related fields can offer competitive salaries with a fraction of the student loan burden.

Frequently Asked Questions

How does Colorado School of Mines's Biomedical/Medical Engineering program score?
This program scores 62/100, reflecting respectable but not exceptional financial outcomes for Biomedical/Medical Engineering graduates.
How vulnerable is Biomedical/Medical Engineering to AI automation?
AI won't 'replace' Biomedical/Medical Engineering careers outright, but it is likely to reduce the number of job openings. We model 50% task exposure, which compresses field employment probability in our scenarios.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →