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2026 Best Value Biomedical Engineering Schools in Indiana

5 Colleges in the United States
$26,129 Avg Student Debt
$66,093 Avg Median Earnings (10yr)
2026 Best Value Biomedical Engineering Badge [Biomedical Engineering](/majors/engineering/biomedical-engineering/) degree programs vary widely in price and payoff across the country. The schools below stand out for delivering a strong biomedical engineering education at a price that pays off.

For its 2026 best-value ranking, College Factual looked at 9 schools to find the best return on investment for biomedical engineering students.

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2026 Best Value Biomedical Engineering Schools in Indiana

If you want to know which schools deliver the best value for the biomedical engineering degrees they offer, see the list below.

Best Value Biomedical Engineering Schools

1

Our analysis ranked Indiana University Purdue University Indianapolis the best value for a degree in biomedical engineering in Indiana. Located in the city of Indianapolis, Indiana University Purdue University Indianapolis is a very large public university. Expect in-state tuition and fees of around $10,762, while out-of-state students pay about $34,891. Biomedical Engineering graduates carry a median of $20,729 in student loans. Biomedical Engineering graduates of Indiana University Purdue University Indianapolis earn a median of $71,852 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Indiana University Purdue University Indianapolis admits about 76% of applicants.

2
Purdue University Main Campus crest
Purdue University Main Campus
West Lafayette, IN

Purdue University Main Campus came in at #2 on our 2026 list of the best value biomedical engineering schools. Purdue University Main Campus is a very large public school located in the city of West Lafayette. The average in-state cost of tuition and fees is $9,992, while out-of-state students pay about $28,794. Students borrow a median of $19,500 to complete the biomedical engineering program here. Soon after graduation, biomedical engineering degree recipients from Purdue University Main Campus generally make around $72,749. That is a strong return on a $19,500 median debt. Roughly 50% of applicants are accepted.

3

The strong cost-to-outcome balance at Indiana Institute Of Technology earned it the #3 place for biomedical engineering. Located in the city of Fort Wayne, Indiana Institute Of Technology is a mid-sized private not-for-profit university. Expect in-state tuition and fees of around $31,361. Students borrow a median of $36,380 to complete the biomedical engineering program here. Biomedical Engineering graduates of Indiana Institute Of Technology earn a median of $56,185 early in their careers. Set against $36,380 in median debt, that is a healthy payoff. Indiana Institute Of Technology admits about 70% of applicants.

4
Valparaiso University crest
Valparaiso University
Valparaiso, IN

A rank of #4 makes Valparaiso University one of the best values for biomedical engineering. Located in the suburb of Valparaiso, Valparaiso University is a mid-sized private not-for-profit university. In-state tuition and fees average $48,450. Biomedical Engineering graduates carry a median of $26,724 in student loans. Soon after graduation, biomedical engineering degree recipients from Valparaiso University generally make around $51,987. That is a strong return on a $26,724 median debt. Valparaiso University admits about 89% of applicants.

5
Trine University crest
Trine University
Angola, IN

Trine University came in at #5 on our 2026 list of the best value biomedical engineering schools. Trine University is a moderately-sized private not-for-profit school located in the town of Angola. The average in-state cost of tuition and fees is $36,560. Students borrow a median of $27,000 to complete the biomedical engineering program here. Early-career biomedical engineering graduates make about $67,702. Weighed against typical debt, the earnings make a compelling case for value. Roughly 86% of applicants are accepted.

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6

Rose Hulman Institute Of Technology placed #6 among the best values for biomedical engineering. Rose Hulman Institute Of Technology is a mid-sized private not-for-profit school located in the city of Terre Haute. In-state tuition and fees average $56,046. Students borrow a median of $26,441 to complete the biomedical engineering program here. Soon after graduation, biomedical engineering degree recipients from Rose Hulman Institute Of Technology generally make around $71,714. Weighed against typical debt, the earnings make a compelling case for value. Rose Hulman Institute Of Technology admits about 77% of applicants.

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Notes and References

This list is compiled by College Factual (MF_RANKING_2025), 2026 edition. Schools are scored on the balance of cost (tuition and student debt) against student outcomes (post-graduation earnings) — a measure of return on investment, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).

Ranking method: College Major Best Value · 9 schools evaluated.

*Averages shown above reflect the top 5 ranked schools only.

More about our data sources and methodologies.

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