Analysis
A first-year salary around $38,000—typical for biochemistry bachelor's programs nationally—creates immediate financial pressure when paired with an estimated $25,500 in debt. While this debt load sits near the national median for similar programs, it still represents roughly two-thirds of what graduates are likely earning in their first year, a ratio that makes the standard 10-year repayment timeline genuinely burdensome on an entry-level science salary.
The challenge intensifies when you consider that biochemistry bachelor's degrees often serve as stepping stones rather than terminal credentials. Many graduates need additional education for research positions or medical school, which means this debt becomes the foundation layer of a much larger borrowing total. Meanwhile, other North Carolina programs like NC State produce first-year earnings above $44,000, suggesting that program selection—or perhaps the more research-intensive environments at larger universities—can meaningfully shift outcomes even within the same field.
For families paying Elon's private university premium, the question is whether the smaller class sizes and personal attention justify what appears to be middle-of-the-pack positioning compared to state alternatives. If your student is using this degree as pre-med preparation or a launch pad for graduate school, that context matters more than the first-year salary. But if they're planning to work directly after graduation, comparable programs at public universities offer similar earning potential with substantially lower sticker prices, potentially reducing that debt burden by half or more.
Where Elon University Stands
Earnings vs. debt across all biochemistry, biophysics and molecular biology bachelors's programs nationally
Compare to Similar Programs in North Carolina
Biochemistry, Biophysics and Molecular Biology bachelors's programs at peer institutions in North Carolina (16 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $44,536 | $38,037* | — | $25,489* | — | |
| $8,895 | $44,101* | $76,667 | $23,028* | 0.52 | |
| $7,593 | $36,783* | — | $21,625* | 0.59 | |
| 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 Elon University, approximately 9% 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 136 similar programs. Actual outcomes may vary.