Analysis
Caltech's tiny graduating cohorts in chemical engineering mean the actual earnings data is suppressed, leaving us to rely on state-level estimates that peg first-year earnings around $68,000. That figure—drawn from the California median across all chemical engineering programs—sits noticeably below what graduates from UC Berkeley ($81,553) and other top UC campuses report. The estimated debt of $26,000 is manageable with a 0.38 debt-to-earnings ratio, but the real question is whether Caltech's graduates actually perform at the state median or significantly above it, given the school's 3% admission rate and elite reputation.
The uncertainty here matters because chemical engineering programs in California show a wide earnings spread. The gap between Cal Poly Pomona ($69,009) and Berkeley ($81,553) is substantial, and Caltech's actual outcomes could land anywhere in that range—or potentially higher. Similar suppression patterns at other highly selective private institutions suggest small cohort sizes reflect the school's scale, not program quality, but without reported data, you're making an investment decision based on Caltech's brand and peer outcomes rather than verified graduate results.
For a family evaluating this against UC options with transparent data, the choice requires weighing Caltech's prestige and research opportunities against the uncertainty of where graduates actually land financially. If your student has UC Berkeley or UCLA acceptances with clear $76,000-$81,000 first-year outcomes, those represent known quantities that may justify comparable or lower costs.
Where California Institute of Technology Stands
Earnings vs. debt across all chemical engineering bachelors's programs nationally
Compare to Similar Programs in California
Chemical Engineering bachelors's programs at peer institutions in California (14 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $63,255 | $68,291* | — | $25,918* | — | |
| $14,850 | $81,553* | $108,067 | $18,155* | 0.22 | |
| $14,965 | $79,737* | $87,132 | $14,937* | 0.19 | |
| $13,747 | $76,680* | $92,741 | $18,205* | 0.24 | |
| $7,439 | $69,009* | $88,952 | $21,812* | 0.32 | |
| $15,247 | $68,337* | $90,820 | $16,000* | 0.23 | |
| National Median | — | $72,974* | — | $23,250* | 0.32 |
Career Paths
Occupations commonly associated with chemical engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Chemical Engineers
Bioengineers and Biomedical Engineers
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
Robotics Engineers
Nanosystems Engineers
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 California Institute of Technology, approximately 15% 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 10 similar programs in CA. Actual outcomes may vary.