Analysis
Davidson's selective profile—a 14% admission rate and 1448 average SAT—suggests the kind of elite liberal arts experience that doesn't always translate immediately to strong starting salaries. Based on peer programs in North Carolina, chemistry graduates can expect around $36,235 in their first year, nearly $6,500 below the national median for this degree. More concerning is the comparison to other NC programs: public universities like NC State and East Carolina report first-year earnings above $47,000 for their chemistry graduates, roughly $11,000 more than what similar programs in the state typically produce.
The estimated debt load of roughly $25,000 isn't alarming on its own—it's close to both national and state medians for chemistry programs. With a debt-to-earnings ratio of 0.69, the financial picture is manageable if graduates enter industry positions or pursue graduate school with funding. But the value calculation depends heavily on what Davidson's network and brand deliver beyond that first year. If your child is pre-med or planning graduate school where Davidson's reputation matters, the investment may pay off differently than these immediate earnings suggest. If they're planning to work straight out of college as a chemist, the state's public universities appear to offer stronger early career outcomes at lower cost.
Where Davidson College Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in North Carolina
Chemistry bachelors's programs at peer institutions in North Carolina (42 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $60,300 | $36,235* | — | $24,994* | — | |
| $7,361 | $47,875* | $55,980 | $24,250* | 0.51 | |
| $8,895 | $47,071* | — | $20,154* | 0.43 | |
| $7,317 | $44,473* | $53,767 | $19,935* | 0.45 | |
| $7,541 | $40,488* | $51,055 | $24,949* | 0.62 | |
| $7,461 | $36,891* | $43,113 | $12,825* | 0.35 | |
| 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 Davidson College, approximately 17% 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 NC. Actual outcomes may vary.