Analysis
Augustana's biochemistry program starts graduates at nearly identical earnings to the state median ($38,436 versus $38,436), placing them right in the middle of Illinois programs—but with exceptionally manageable debt. At $27,000, graduates here borrow just $3,000 more than the state median while landing in the 5th percentile nationally for debt burden. That combination translates to a debt-to-earnings ratio of 0.70, meaningfully better than what you'll find at many competing programs.
The caveat worth noting: this data comes from fewer than 30 graduates, so individual circumstances swing these averages more than they would at larger programs. The first-year salary also sits just below national benchmarks for top-performing programs (75th percentile is $44,078), suggesting this isn't the launching pad for the highest-paying industry positions right out of college. But for students planning graduate school—common in molecular biology fields—starting with $27,000 rather than $35,000+ in debt matters considerably.
For families choosing between Illinois biochemistry programs, Augustana delivers typical starting outcomes with notably less financial stress. If your student is debt-averse or planning further education, that's a genuine advantage. If they're targeting the highest-paying biotech positions immediately after graduation, larger research universities might create more direct industry pipelines.
Where Augustana College Stands
Earnings vs. debt across all biochemistry, biophysics and molecular biology bachelors's programs nationally
Earnings Distribution
How Augustana College graduates compare to all programs nationally
Compare to Similar Programs in Illinois
Biochemistry, Biophysics and Molecular Biology bachelors's programs at peer institutions in Illinois (26 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $49,834 | $38,436 | — | $27,000 | 0.70 | |
| $51,716 | $38,487 | $60,325 | $25,000 | 0.65 | |
| $14,338 | $34,308 | $53,560 | $15,000 | 0.44 | |
| National Median | — | $38,036 | — | $23,000 | 0.60 |
Career Paths
Occupations commonly associated with biochemistry, biophysics and molecular biology graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Biochemists and Biophysicists
Medical Scientists, Except Epidemiologists
Microbiologists
Biological Science Teachers, Postsecondary
Biological Technicians
Food Science Technicians
Biological Scientists, All Other
Bioinformatics Scientists
Molecular and Cellular Biologists
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 Augustana College, approximately 22% 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.
Sample Size: Based on 24 graduates with reported earnings and 31 graduates with debt data. Small samples may not be representative.