haha yea but I have a feeling it will change in the future as the boomers age. I've looked at Bioinformatics and Genomics. Looks like a way easier route for software devs to get into the field and the pay I constantly read is that it's so low!
I see that a lot, and as a former biomedical engineer I would like to reframe this a bit.
Regardless of field of study in college, be it engineering, humanities, science, etc, you learn valuable skills that are almost certainly applicable to beyond your field of study. I for one saw many of my peers enter software engineering roles, project manager roles, or even consulting roles that all pay well, likely 80-100k+ right out of college. Speaking to my siblings who graduated a year ago, they appear to concur, and many are being paid more. Could this be a factor of where you go to college? Perhaps, but I'd argue it's also a bit about selling yourself to wherever you are trying to go.
Additionally, there are many folks that obtain further specialization in a different area of study via a graduate degree, such as a PhD like you mentioned, but also Master's level degrees. They can do biomedical engineering in undergrad, pursue other engineering master's, and succeed in their desired career. I found many peers that pursued this route especially for computer science.
To further push against the thought that biomedical engineers are without opportunity: The US Bureau of Labor Statistics states the mean annual wage of biomedical engineers is around $98,000, and the growth projections are around 6% over the next ten years, while lower than the average of 8%, is not "bad".
Would certainly like to see any other anecdotes from other biomedical engineers to refute or support my statements above; I'm no longer an engineer and thus my insight is likely limited compared to currently employed engineers.
My guess is bachelors in an engineering field, particularly biomedical engineering.
Sadly I think they fall on the lower pay end for engineering fields.