Analysis
Chemistry students at Colorado School of Mines face an unusual earnings trajectory that bears scrutiny. Based on comparable programs across Colorado, first-year earnings around $38,500 lag behind the national chemistry median of $42,600—and trail programs at University of Northern Colorado ($45,400) and Colorado State ($42,700). Yet by year four, graduates reach $56,200, jumping well above those peer schools. This pattern suggests Mines chemistry grads may enter research positions or graduate programs initially before moving into higher-paying industry roles, but it means weathering lower earnings precisely when loan payments begin.
The estimated debt load of $22,400 appears manageable against that fourth-year figure, but the debt-to-first-year-earnings ratio of 0.58 reveals the squeeze: you're borrowing more than half your starting salary. For a school with a 1403 average SAT and just 13% Pell recipients, this represents a surprisingly modest immediate return. Chemistry programs at schools with less selective admissions sometimes produce stronger year-one outcomes, which matters when monthly loan bills arrive.
If your child is committed to chemistry research or graduate school, that eventual $56K trajectory provides breathing room. But if they need earnings immediately after graduation to manage debt, the delayed payoff creates real financial pressure in those crucial first years. Clarify with the department what paths their chemistry majors actually take—industry jobs, grad school, research positions—before banking on that later-career growth.
Where Colorado School of Mines Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Colorado School of Mines | — | $56,239 | — |
| Colorado State University-Fort Collins | $42,660 | $65,800 | +54% |
| University of Northern Colorado | $45,406 | $57,636 | +27% |
| Metropolitan State University of Denver | $34,417 | $54,367 | +58% |
| Fort Lewis College | $34,159 | $36,977 | +8% |
Compare to Similar Programs in Colorado
Chemistry bachelors's programs at peer institutions in Colorado (16 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $21,186 | $38,539* | $56,239 | $22,365* | — | |
| $12,010 | $45,406* | $57,636 | $26,626* | 0.59 | |
| $12,896 | $42,660* | $65,800 | $19,062* | 0.45 | |
| $10,780 | $34,417* | $54,367 | $29,318* | 0.85 | |
| $9,670 | $34,159* | $36,977 | $15,417* | 0.45 | |
| 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 Colorado School of Mines, approximately 13% 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 CO. Actual outcomes may vary.