Analysis
Drake University charges $23,000 in median debt for this pharmaceutical sciences bachelor's—right at the national median—but the earnings picture based on peer programs nationwide suggests only modest initial returns. With estimated first-year earnings around $49,400, graduates face a debt-to-earnings ratio of 0.47, meaning nearly half a year's salary goes toward what they borrowed.
The concern here isn't the debt load itself, which is reasonable for a bachelor's degree. It's that pharmaceutical sciences programs at this level typically produce starting salaries that barely outpace what many general business or healthcare administration graduates earn, despite the specialized coursework. The four-year earnings figure of $54,100 shows some growth, but it's gradual—this isn't a field where early-career earnings surge. Worth noting: Drake is the only Iowa school reporting data for this program, so there's no local comparison point for context.
For families considering this path, understand that a bachelor's in pharmaceutical sciences often serves as a stepping stone to pharmacy school (PharmD) or graduate work rather than a terminal degree. If your student plans to stop at the bachelor's level and enter the workforce, these estimated returns suggest they'll be paying off debt with entry-level wages for a specialized field. If pharmacy school is the goal, factor in that additional debt load and timeline before committing to this undergraduate foundation.
Where Drake University Stands
Earnings vs. debt across all pharmacy, pharmaceutical sciences, and administration bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Drake University | — | $54,119 | — |
| University of Hawaii at Hilo | $63,776 | $128,695 | +102% |
| Campbell University | $54,919 | $68,854 | +25% |
| MCPHS University | $47,882 | $63,385 | +32% |
| Ohio Northern University | $49,444 | $60,748 | +23% |
Compare to Similar Programs Nationally
Pharmacy, Pharmaceutical Sciences, and Administration bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $49,944 | $49,444* | $54,119 | $23,000 | — | |
| $8,295 | $115,284* | — | $16,250 | 0.14 | |
| $7,838 | $63,776* | $128,695 | $20,500 | 0.32 | |
| $6,542 | $62,022* | $60,019 | $30,000 | 0.48 | |
| $51,340 | $57,889* | — | — | — | |
| $9,992 | $57,096* | — | $19,046 | 0.33 | |
| National Median | — | $49,444* | — | $23,413 | 0.47 |
Career Paths
Occupations commonly associated with pharmacy, pharmaceutical sciences, and administration graduates
Natural Sciences Managers
Clinical Research Coordinators
Marketing Managers
Sales Managers
Pharmacists
Industrial Production Managers
Quality Control Systems Managers
Medical and Health Services Managers
Economists
Environmental Economists
Biochemists and Biophysicists
Medical Scientists, Except Epidemiologists
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 national median of 13 similar programs. Actual outcomes may vary.