Analysis
A debt-to-earnings ratio of 0.59 suggests a manageable financial foundation for this chemistry degree, though the complete picture is harder to pin down than you'd like. Based on national benchmarks from similar programs, graduates appear to be earning around $42,600 in their first year—right at the national median for chemistry bachelors—while carrying roughly $25,000 in debt. That positions repayment at a reasonable level, though it's worth noting that peer programs in South Carolina typically show slightly lower first-year earnings (around $39,000), which raises questions about whether Furman's selective admission profile and stronger academic credentials translate into an earnings advantage.
The challenge here is that both earnings and debt figures are estimates derived from comparable programs nationwide, not actual outcomes tracked for Furman chemistry graduates specifically. The school's 11% Pell grant rate and 1364 average SAT suggest an economically advantaged student body, which could mean families are supplementing with private resources that wouldn't show up in federal loan data. Whether that indicates genuinely lower debt loads or simply different financing mechanisms is unclear.
For anxious parents, the estimated numbers suggest chemistry at Furman won't create crushing debt, but you're making this investment without the detailed outcome data that would confirm whether the premium tuition delivers premium results. If your family can afford it without heavy borrowing, the risk is lower. If you're banking on strong early earnings to justify significant loans, you're operating with more uncertainty than ideal.
Where Furman University 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 |
|---|---|---|---|---|---|
| $58,312 | $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 Furman University, approximately 11% 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.