Analysis
A chemistry degree from one of New England's most selective liberal arts colleges comes with significant uncertainty. Because Bates has a small chemistry program, the Department of Education doesn't publish specific outcomes, leaving us to rely on national benchmarks that suggest first-year earnings around $42,600 and debt near $25,000. For an institution with a 13% acceptance rate and students averaging 1446 on the SAT, these figures reflect what chemistry graduates nationally experience—but tell us little about whether Bates's distinctive approach delivers different results.
The estimated debt-to-earnings ratio of 0.59 appears manageable on paper, roughly equivalent to six months of gross income. However, this assumes Bates graduates mirror the national median rather than commanding a premium for their highly selective education. Chemistry graduates from elite liberal arts colleges often pursue graduate school or leverage institutional networks in ways that don't show up in immediate earnings data. With only 10% of students receiving Pell grants, most families here likely have resources beyond what loan figures suggest.
The key question is whether you're comfortable paying liberal arts college prices for outcomes we can't verify. Bates's chemistry program may well outperform these estimates through graduate school placement, research opportunities, or career networks—but without actual data, you're investing based on institutional reputation rather than demonstrated returns. If your child is certain about chemistry and graduate school is likely, the small program size might be an asset; if they need immediate earnings to justify the investment, clearer outcome data from larger programs might provide more confidence.
Where Bates College 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 |
|---|---|---|---|---|---|
| $63,478 | $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 Bates College, approximately 10% 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.