Analysis
Drawing on what similar biochemistry programs in Iowa produce, Drake appears positioned in the middle tier of state options. The estimated $38,881 first-year salary tracks almost exactly with Iowa's median for these programs, while the $20,375 in debt sits about 11% below both state and national medians. This debt-to-earnings ratio of 0.52 suggests manageable repayment, though it's worth noting that Iowa State's biochemistry graduates—with reported earnings around $43,500—earn roughly $4,600 more annually while carrying similar debt loads.
The challenge here is uncertainty. With no actual graduate outcomes reported for Drake's program specifically, you're making decisions based on how other Iowa biochemistry programs perform. The state's range is wide—from Iowa's $30,000 to Iowa State's $43,500—and Drake could fall anywhere within it. The 1288 average SAT suggests solid academic preparation, but that doesn't necessarily translate to the upper end of biochemistry outcomes, especially when peer programs vary by nearly 50% in starting salaries.
If your student is committed to biochemistry and Drake specifically, the debt load won't be crushing. But recognize you're betting on an unknown outcome: this program might match Iowa State's stronger placement, or it might track closer to Iowa's lower figures. The modest debt provides some cushion for that uncertainty.
Where Drake University Stands
Earnings vs. debt across all biochemistry, biophysics and molecular biology bachelors's programs nationally
Compare to Similar Programs in Iowa
Biochemistry, Biophysics and Molecular Biology bachelors's programs at peer institutions in Iowa (17 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $49,944 | $38,881* | — | $20,375 | — | |
| $10,497 | $43,520* | — | $19,477 | 0.45 | |
| $50,634 | $39,164* | — | $27,000 | 0.69 | |
| $64,862 | $38,598* | $56,764 | $16,549 | 0.43 | |
| $10,964 | $29,991* | — | $21,626 | 0.72 | |
| National Median | — | $38,036* | — | $23,000 | 0.60 |
Career Paths
Occupations commonly associated with biochemistry, biophysics and molecular biology graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Biochemists and Biophysicists
Medical Scientists, Except Epidemiologists
Microbiologists
Biological Science Teachers, Postsecondary
Biological Technicians
Food Science Technicians
Biological Scientists, All Other
Bioinformatics Scientists
Molecular and Cellular Biologists
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 Drake University, approximately 21% 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 IA. Actual outcomes may vary.