Analysis
Indiana's chemistry programs show a remarkably tight earnings cluster, with most graduates starting around $42,000-$43,000 regardless of institution. Anderson's estimated first-year earnings of $42,580 fall right in this range, matching both the state and national medians. What this suggests is that a chemistry degree functions more as an occupational credential than a prestige signal—your child's earning potential will likely depend more on where they land their first lab job than on the university name on their diploma.
The estimated debt load of nearly $25,000 translates to a manageable 0.59 ratio, meaning loan payments should consume less than 6% of gross monthly income under standard repayment. This is well within the "affordable" threshold that financial aid experts recommend. Chemistry degrees typically open doors to lab technician roles, quality control positions, or further graduate study, and the field offers stability even if it doesn't promise dramatic salary growth in the early years.
The practical question for your family is whether Anderson's smaller program (evident from the data suppression) offers advantages that matter—like closer faculty relationships or earlier lab access—that might justify similar costs to larger state programs. The earnings outcomes appear equivalent across Indiana's chemistry programs, so the decision hinges more on fit and campus environment than financial return.
Where Anderson University Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in Indiana
Chemistry bachelors's programs at peer institutions in Indiana (36 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $35,640 | $42,580* | — | $24,994* | — | |
| $9,992 | $47,213* | $48,715 | $19,500* | 0.41 | |
| $11,790 | $42,889* | $59,000 | $17,000* | 0.40 | |
| $10,758 | $42,677* | $42,387 | $25,000* | 0.59 | |
| $10,449 | $42,482* | $52,352 | $21,902* | 0.52 | |
| $36,136 | $40,612* | — | $23,214* | 0.57 | |
| 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 Anderson University, approximately 36% 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 IN. Actual outcomes may vary.