Analysis
A $25,000 debt load for a biochemistry degree would normally look manageable, but similar programs nationally suggest first-year earnings around $38,000—putting this squarely at the lower end for Indiana. The state's median for this field sits at $44,000, with IU-Bloomington and Purdue graduates earning $45,500 and $41,600 respectively. That gap matters when you're making loan payments on a science degree that typically requires graduate school to unlock its full earning potential.
The 0.67 debt-to-earnings ratio falls within acceptable bounds, but the trajectory is what counts here. Biochemistry bachelor's degrees often serve as stepping stones to medical school, PhD programs, or specialized lab positions—all paths that either delay significant earnings or require additional debt. If your child is planning graduate studies, they'll need to weigh stacking another degree's costs on top of this foundation. If they're aiming for immediate employment after graduation, comparable programs suggest starting salaries that require careful budgeting.
For families considering Goshen, the question becomes whether the college's distinctive features—its smaller class sizes, faith-based mission, or particular research opportunities—offset what peer programs indicate about post-graduation earnings. Without school-specific outcomes data, you're essentially betting on how well this program performs relative to others in the state. That's a bet worth taking only if other factors beyond the numbers strongly favor this choice.
Where Goshen College Stands
Earnings vs. debt across all biochemistry, biophysics and molecular biology bachelors's programs nationally
Compare to Similar Programs in Indiana
Biochemistry, Biophysics and Molecular Biology bachelors's programs at peer institutions in Indiana (23 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $37,760 | $38,037* | — | $25,489* | — | |
| $11,790 | $45,526* | $57,531 | $23,000* | 0.51 | |
| $9,992 | $41,625* | — | $18,540* | 0.45 | |
| 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 Goshen College, approximately 37% 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.