Analysis
A chemistry degree with estimated first-year earnings around $43,000 and debt near $25,000 creates a manageable debt-to-earnings ratio of 0.59—well below the 1.0 threshold that typically signals financial strain. Based on national benchmarks for chemistry bachelor's programs, these figures suggest typical outcomes rather than exceptional ones. What's worth noting is that similar programs at SC's flagship universities report actual earnings in the $39,000 range, somewhat below the national median used to estimate Erskine's outcomes.
The financial picture appears workable on paper, though chemistry majors often need graduate education to access higher-earning career paths in research or specialized fields. The $25,000 debt load shouldn't create undue burden if your child enters lab work, quality control, or teaching positions immediately after graduation. However, if graduate school is likely—and for many chemistry majors it is—that debt becomes the starting point rather than the finish line.
Given Erskine's 40% Pell population and moderate selectivity, the program likely serves students who need clear career pathways. Without reported outcomes specific to this school, you're making decisions based on what's typical nationally rather than what Erskine chemistry graduates actually achieve. Before committing, directly ask the department about graduate school acceptance rates, industry placement, and whether their graduates' actual earnings align with these national estimates.
Where Erskine College Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in South Carolina
Chemistry bachelors's programs at peer institutions in South Carolina (26 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $36,710 | $42,581* | — | $24,994* | — | |
| $12,978 | $39,208* | $32,994 | $27,000* | 0.69 | |
| $12,688 | $39,018* | $55,534 | $25,046* | 0.64 | |
| 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 Erskine College, approximately 40% 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 205 similar programs. Actual outcomes may vary.