Analysis
A chemistry degree from Coe College appears to face a competitive disadvantage in Iowa's market. While national peer programs suggest first-year earnings around $42,600, Iowa's larger universities report actual outcomes nearly $2,000 higher for their chemistry graduates. University of Iowa chemistry majors earn $44,847 in their first year, and Iowa State grads make $43,870—both figures based on real graduate data rather than estimates. For students at a smaller private college paying estimated debt loads near $25,000, that gap matters.
The debt-to-earnings ratio of 0.59 falls within manageable territory—similar chemistry programs nationwide carry comparable debt burdens. But the question for parents is whether Coe's intimate setting and personalized attention justify potentially lower earning outcomes compared to the state's flagship institutions. Chemistry is generally a strong undergraduate major for employability, with clear pathways to lab work, quality control roles, and graduate programs. The field doesn't require an advanced degree for entry-level positions, which helps graduates start earning immediately.
Given the lack of actual outcome data from Coe, families should directly ask the college about recent graduate placement rates and typical employers. The school's 36% Pell enrollment suggests financial accessibility matters to many families here, making concrete employment outcomes especially important. If Coe can demonstrate strong industry connections or graduate school placement rates that match the state's research universities, the estimated debt load becomes more defensible.
Where Coe College Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in Iowa
Chemistry bachelors's programs at peer institutions in Iowa (23 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $52,576 | $42,581* | — | $24,994* | — | |
| $10,964 | $44,847* | — | $25,956* | 0.58 | |
| $10,497 | $43,870* | — | $23,250* | 0.53 | |
| 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 Coe College, approximately 36% 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.