Analysis
Is a liberal arts chemistry degree worth taking on debt when larger state universities produce markedly higher earnings? Based on comparable programs in Texas, Austin College chemistry graduates can expect around $41,800 in first-year earnings—squarely at the state median but trailing the bigger name programs by $6,000 to $9,000 annually. The estimated $25,000 debt load yields a manageable 0.60 debt-to-earnings ratio, meaning you'd owe about seven months of gross income. That's reasonable on paper, but the gap with Texas A&M or UT Austin suggests the small college premium may not translate to immediate financial advantage in chemistry.
The real question is what Austin College's intimate setting and liberal arts approach offer beyond that first paycheck. With 30% of students on Pell grants and a moderately selective admission process, this isn't an elite private school commanding extraordinary outcomes. Chemistry graduates from similar programs typically need the debt paid off within a few years if they're careful, but they're not racing ahead of their state school peers who often carry less debt and earn more right away.
If your child values small classes and a broad education over maximizing early earnings, Austin College could work—but be clear-eyed that peer programs suggest you're paying a bit more for potentially less financial return in year one. The larger Texas public universities appear to offer better chemistry career launching pads at lower cost.
Where Austin College Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in Texas
Chemistry bachelors's programs at peer institutions in Texas (63 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $46,500 | $41,799* | — | $24,994* | — | |
| $9,711 | $50,717* | $66,725 | $12,000* | 0.24 | |
| $13,099 | $49,462* | $66,584 | $19,500* | 0.39 | |
| $14,564 | $48,783* | — | $20,747* | 0.43 | |
| $9,228 | $43,940* | $51,532 | $28,775* | 0.65 | |
| $11,678 | $43,383* | $58,652 | $18,500* | 0.43 | |
| 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 Austin College, approximately 30% 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 12 similar programs in TX. Actual outcomes may vary.