Median Earnings (1yr)
$45,188
70th percentile (40th in WI)
Median Debt
$27,000
12% above national median
Debt-to-Earnings
0.60
Manageable
Sample Size
16
Limited data

Analysis

Carthage's chemistry program graduates earn $45,188 in their first year—better than the national median but trailing most Wisconsin chemistry programs by a meaningful margin. While that 70th percentile national ranking sounds impressive, the 40th percentile state ranking tells the more relevant story: graduates here earn about $3,700 less than Wisconsin's median chemistry graduate, and lag behind every UW system school except Milwaukee. For families paying in-state tuition rates at UW institutions, that gap matters.

The debt picture offers some consolation. At $27,000, graduates carry slightly more debt than both state and national medians, but the 0.60 debt-to-earnings ratio remains manageable—substantially better than most bachelor's programs. Chemistry's strong earning potential relative to the borrowing required makes this fundamentally workable debt, even if earnings don't match what other Wisconsin programs deliver.

The catch: these numbers come from fewer than 30 graduates, making them statistically unstable. A few high or low earners can swing the average significantly. For families considering Carthage specifically for chemistry, the real question is whether the smaller liberal arts environment justifies earning 7-8% less than you'd make graduating from a UW campus. If your student needs that setting to thrive academically, the earnings gap is narrow enough to justify. But purely as a financial investment in chemistry education, Wisconsin's public universities deliver stronger returns.

Where Carthage College Stands

Earnings vs. debt across all chemistry bachelors's programs nationally

Carthage CollegeOther chemistry programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Carthage College graduates compare to all programs nationally

Carthage College graduates earn $45k, placing them in the 70th percentile of all chemistry bachelors programs nationally.

Compare to Similar Programs in Wisconsin

Chemistry bachelors's programs at peer institutions in Wisconsin (28 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Carthage College$45,188—$27,0000.60
University of Wisconsin-Eau Claire$50,659$54,532$23,2500.46
University of Wisconsin-Platteville$49,386—$26,0000.53
University of Wisconsin-Whitewater$48,903$54,746$25,2500.52
University of Wisconsin-Madison$48,886$62,892$26,0430.53
University of Wisconsin-Milwaukee$36,771$55,756——
National Median$42,581—$24,0000.56

Other Chemistry Programs in Wisconsin

Compare tuition, earnings, and debt across Wisconsin schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Wisconsin-Eau Claire
Eau Claire
$9,277$50,659$23,250
University of Wisconsin-Platteville
Platteville
$8,315$49,386$26,000
University of Wisconsin-Whitewater
Whitewater
$8,250$48,903$25,250
University of Wisconsin-Madison
Madison
$11,205$48,886$26,043
University of Wisconsin-Milwaukee
Milwaukee
$10,020$36,771—

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 Carthage College, approximately 26% 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.