Median Earnings (1yr)
$38,598
52nd percentile
40th percentile in Iowa
Median Debt
$16,549
28% below national median

Analysis

Grinnell's highly selective biochemistry program lands graduates squarely in the middle of the pack—40th percentile among Iowa programs and 52nd nationally—despite the college's 13% admission rate and elite student body. Starting earnings of $38,598 trail Iowa State by nearly $5,000, though they beat University of Iowa considerably. For context, this places Grinnell grads just above the national median but below the state median for this major.

The small sample size here (under 30 graduates) means these numbers could shift significantly with more data, but the 47% earnings jump from year one to year four suggests decent early trajectory. The real advantage is financial: at $16,549, student debt runs well below both state and national medians, creating a manageable 0.43 debt-to-earnings ratio. For biochemistry majors planning graduate school—a common path in this field—graduating with minimal debt matters more than first-year earnings.

If your child is passionate about research and graduate school, Grinnell's lower debt burden could be strategic. But if they're weighing this against Iowa State for biochemistry, recognize they'd likely start $5,000 ahead annually at the public option, potentially with comparable debt for in-state students. The prestige of Grinnell's name matters more in some career paths than others—make sure biochemistry is one of them before paying the premium.

Where Grinnell College Stands

Earnings vs. debt across all biochemistry, biophysics and molecular biology bachelors's programs nationally

Earnings Distribution

How Grinnell College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Grinnell College$38,598$56,764+47%
Northeastern University$63,781$84,199+32%
North Carolina State University at Raleigh$44,101$76,667+74%
University of Southern California$34,468$72,935+112%
University of San Diego$48,728$70,621+45%

Compare to Similar Programs in Iowa

Biochemistry, Biophysics and Molecular Biology bachelors's programs at peer institutions in Iowa (17 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Grinnell CollegeGrinnell$64,862$38,598$56,764$16,5490.43
Iowa State UniversityAmes$10,497$43,520—$19,4770.45
Cornell CollegeMount Vernon$50,634$39,164—$27,0000.69
University of IowaIowa City$10,964$29,991—$21,6260.72
National Median—$38,036—$23,0000.60

Career Paths

Occupations commonly associated with biochemistry, biophysics and molecular biology graduates

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Biochemists and Biophysicists

Study the chemical composition or physical principles of living cells and organisms, their electrical and mechanical energy, and related phenomena. May conduct research to further understanding of the complex chemical combinations and reactions involved in metabolism, reproduction, growth, and heredity. May determine the effects of foods, drugs, serums, hormones, and other substances on tissues and vital processes of living organisms.

$103,650/yrJobs growth:Doctoral or professional degree

Medical Scientists, Except Epidemiologists

Conduct research dealing with the understanding of human diseases and the improvement of human health. Engage in clinical investigation, research and development, or other related activities.

$100,590/yrJobs growth:Doctoral or professional degree

Microbiologists

Investigate the growth, structure, development, and other characteristics of microscopic organisms, such as bacteria, algae, or fungi. Includes medical microbiologists who study the relationship between organisms and disease or the effects of antibiotics on microorganisms.

$87,330/yrJobs growth:Bachelor's degree

Biological Science Teachers, Postsecondary

Teach courses in biological sciences. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Biological Technicians

Assist biological and medical scientists. Set up, operate, and maintain laboratory instruments and equipment, monitor experiments, collect data and samples, make observations, and calculate and record results. May analyze organic substances, such as blood, food, and drugs.

$52,000/yrJobs growth:Bachelor's degree

Food Science Technicians

Work with food scientists or technologists to perform standardized qualitative and quantitative tests to determine physical or chemical properties of food or beverage products. Includes technicians who assist in research and development of production technology, quality control, packaging, processing, and use of foods.

$48,480/yrJobs growth:Associate's degree

Biological Scientists, All Other

All biological scientists not listed separately.

Bioinformatics Scientists

Conduct research using bioinformatics theory and methods in areas such as pharmaceuticals, medical technology, biotechnology, computational biology, proteomics, computer information science, biology and medical informatics. May design databases and develop algorithms for processing and analyzing genomic information, or other biological information.

Molecular and Cellular Biologists

Research and study cellular molecules and organelles to understand cell function and organization.

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 Grinnell College, approximately 17% 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.

Sample Size: Based on 22 graduates with reported earnings and 36 graduates with debt data. Small samples may not be representative.