Analysis
Chemistry majors at Elon face a challenging financial picture, with estimated first-year earnings around $36,200βwell below the national median of $42,600 for chemistry bachelor's degrees. Data from peer programs across North Carolina suggests these earnings lag significantly behind what graduates from NC State ($47,100) or East Carolina ($47,900) typically command, raising questions about whether Elon's chemistry program delivers competitive career preparation despite its higher price point.
The estimated debt load of roughly $25,000 isn't outrageous by national standards, but when paired with earnings at the state median rather than above it, the 0.69 debt-to-earnings ratio becomes more concerning. Similar programs in North Carolina typically produce median debt closer to $20,800, meaning Elon graduates may be carrying extra financial burden without the earnings premium that would justify it. For a school with Elon's selective profile and limited economic diversity (only 9% Pell recipients), these estimated outcomes suggest the program isn't translating institutional resources into measurable career advantages.
If your child is serious about chemistry and considering Elon, the comparison to NC's public research universities is stark. Those schools report actual outcomes showing their chemistry graduates earning $10,000-12,000 more in their first yearβa meaningful difference when managing student debt. Unless Elon offers specific opportunities in your child's area of interest that these larger programs can't match, the estimated financial returns here look weak relative to in-state alternatives.
Where Elon University 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)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $44,536 | $36,235* | β | $24,994* | β | |
| $7,361 | $47,875* | $55,980 | $24,250* | 0.51 | |
| $8,895 | $47,071* | β | $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 | β | $42,581* | β | $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 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 median of 10 similar programs in NC. Actual outcomes may vary.