Analysis
Based on comparable Chemistry programs at Minnesota's private colleges, Augsburg's graduates can expect around $46,000 in first-year earnings—slightly above the national median for the major and right in line with state averages. With estimated debt of about $26,000, the ratio of debt to first year earnings sits at a manageable 0.56, meaning graduates would owe roughly half their annual income. That's better than many liberal arts degrees and reflects Chemistry's consistent value as a STEM pathway.
The challenge is that Augsburg serves over half its students on Pell grants, suggesting many families are already stretching financially. While Chemistry opens doors to lab work, pharmaceutical positions, and graduate programs, that $46,000 starting salary won't feel generous in Minneapolis's cost of living. The nearby University of Minnesota-Twin Cities produces Chemistry graduates earning about $1,400 more annually, though the public institution may offer less personalized attention for students who need extra academic support during the demanding coursework.
For families confident their student will complete the degree—critical since Chemistry has high attrition rates—the debt load appears reasonable relative to earning potential. The real question is whether Augsburg's smaller class sizes and support services justify similar outcomes to larger state programs, particularly if your student would qualify for in-state tuition elsewhere.
Where Augsburg University Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in Minnesota
Chemistry bachelors's programs at peer institutions in Minnesota (26 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $43,942 | $46,063* | — | $25,945* | — | |
| $48,311 | $50,007* | — | —* | — | |
| $16,488 | $47,451* | $64,031 | $21,158* | 0.45 | |
| $14,318 | $44,674* | $66,981 | $22,500* | 0.50 | |
| $56,970 | $44,020* | $57,761 | $24,988* | 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 Augsburg University, approximately 52% 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 4 similar programs in MN. Actual outcomes may vary.