Analysis
A debt load near $25,000 against first-year earnings in the low $40,000s puts Carson-Newman's chemistry program roughly in line with what you'd expect from similar bachelor's programs nationwide. Based on comparable chemistry programs in Tennessee, graduates typically earn around $41,600 in their first year—matching the national median closely—while this estimated debt figure runs slightly above the state's typical $20,000. The 0.60 debt-to-earnings ratio suggests manageable repayment, though not exactly a bargain given that many Tennessee chemistry programs produce similar outcomes with less borrowing.
What complicates the assessment here is that we're working entirely with estimates derived from peer programs rather than Carson-Newman's actual graduate outcomes. The small sample size that triggered data suppression could mean this program graduates very few chemistry majors each year, which might limit networking opportunities or signal less institutional investment in the major. It could also simply reflect stricter privacy thresholds. Either way, you're placing faith in a program without verified employment outcomes.
For a family weighing this investment, the numbers suggest financial viability if your child pursues chemistry-related work immediately after graduation. But with larger Tennessee programs like UT-Knoxville producing similar earnings, you'd want concrete reasons—perhaps smaller class sizes, specific research opportunities, or strong industry connections—to justify Carson-Newman's premium over state alternatives where actual data confirms comparable results.
Where Carson-Newman University Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in Tennessee
Chemistry bachelors's programs at peer institutions in Tennessee (34 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $34,700 | $41,589* | — | $24,994* | — | |
| $8,675 | $42,475* | — | $20,500* | 0.48 | |
| $13,484 | $41,589* | $44,354 | $19,500* | 0.47 | |
| $10,144 | $41,588* | — | $24,999* | 0.60 | |
| $10,344 | $36,881* | $50,076 | $20,000* | 0.54 | |
| 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 Carson-Newman University, approximately 39% 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 4 similar programs in TN. Actual outcomes may vary.