Analysis
A debt load approaching $25,000 against first-year earnings near $40,000 creates a workable ratio of 0.63—manageable if the career trajectory holds. But here's the catch: these figures come from comparable chemistry programs across Michigan and similar small colleges nationally, not from tracking Alma's actual graduates. That matters because chemistry outcomes can vary significantly based on research opportunities, graduate school preparation, and regional employer connections—factors that don't show up in state averages.
Michigan's chemistry programs show notable spread, with graduates from some state schools earning $46,000 or more while others cluster closer to Alma's estimated $39,736. The national median sits slightly higher at $42,581, suggesting Michigan chemistry grads overall face a modest regional disadvantage. For a small liberal arts college, the real value often lies in graduate school placement rates and research mentorship rather than immediate post-bachelor earnings—chemistry majors frequently pursue advanced degrees where the bachelor's is just the first step.
The bottom line: if your student plans to work immediately after graduation, verify Alma's actual job placement outcomes and starting salary data directly with the school. If graduate school is the goal, focus on faculty research opportunities and PhD program acceptance rates—metrics that matter more than these estimated earnings figures for long-term career prospects in chemistry.
Where Alma College Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in Michigan
Chemistry bachelors's programs at peer institutions in Michigan (31 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $47,430 | $39,736* | — | $24,994* | — | |
| $14,628 | $46,496* | $51,621 | $25,000* | 0.54 | |
| $15,510 | $45,060* | — | $22,300* | 0.49 | |
| $58,764 | $39,940* | $75,833 | $27,000* | 0.68 | |
| $15,988 | $39,531* | $49,494 | $28,481* | 0.72 | |
| $14,297 | $35,813* | $33,275 | $21,590* | 0.60 | |
| National Median | — | $42,581* | — | $24,000* | 0.56 |
Career Paths
Occupations commonly associated with chemistry graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Computer and Information Research Scientists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Chemists
Chemistry Teachers, Postsecondary
Environmental Science Teachers, Postsecondary
Physics Teachers, Postsecondary
Environmental Scientists and Specialists, Including Health
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Alma College, approximately 21% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 6 similar programs in MI. Actual outcomes may vary.