Analysis
A debt-to-earnings ratio of 0.59—where you'd owe roughly $25,000 to earn around $43,000 in your first year—suggests manageable repayment, though these figures come from peer chemistry programs nationally rather than Augustana's specific outcomes. Chemistry bachelor's programs typically produce consistent early-career earnings regardless of institution, as lab positions and graduate school admissions depend more on scientific competency than undergraduate prestige. The estimated debt here sits slightly above the national median for chemistry majors, though still well within reasonable territory for a STEM credential.
What complicates the picture is that bachelor's-level chemistry often serves as a stepping stone rather than a terminal degree. Many graduates pursue advanced degrees or professional programs where that initial $43,000 salary matters less than their preparation for medical school, pharmacy programs, or PhD tracks. If your child plans to stop at the bachelor's level and enter the workforce directly, these earnings appear modest for a science degree—peer programs suggest starting salaries that won't accelerate quickly without additional credentials.
The practical question: Does Augustana's chemistry program prepare students effectively enough for graduate school or career placement to justify costs comparable to what you'd pay elsewhere? Without program-specific outcomes data, you'll need to investigate placement rates, research opportunities, and faculty mentorship directly with the department. The financial fundamentals look workable, but they don't distinguish this program from alternatives.
Where Augustana University Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs Nationally
Chemistry bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $39,190 | $42,581* | — | $24,994* | — | |
| $63,141 | $62,511* | $88,634 | $24,500* | 0.39 | |
| $14,850 | $59,576* | $64,496 | $11,172* | 0.19 | |
| $14,766 | $55,389* | — | $23,600* | 0.43 | |
| $11,389 | $55,376* | $67,363 | $27,000* | 0.49 | |
| $16,080 | $54,055* | $67,828 | $24,893* | 0.46 | |
| 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 Augustana University, approximately 16% 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 national median of 205 similar programs. Actual outcomes may vary.