Analysis
A chemistry bachelor's from a highly selective liberal arts college like Grinnell presents an interesting calculation. Based on national benchmarks for chemistry programs, first-year earnings around $42,600 would be typical, though Iowa's larger universities report graduates earning slightly more—about $44,000 to $45,000. The estimated debt load of roughly $25,000 produces a manageable debt-to-earnings ratio of 0.59, meaning graduates would owe about seven months' salary. For context, chemistry tends to be a reliably employable science degree, with pathways into industry, research, and graduate school.
What complicates the picture here is that we're working entirely with estimates—Grinnell's chemistry cohort is too small for the Department of Education to publish actual outcomes. The school's 13% admission rate and 1486 average SAT suggest an academically elite environment that may provide networking advantages and graduate school preparation that raw salary figures don't capture. However, those same advantages might matter less if your child plans to enter the workforce directly rather than pursue advanced degrees, where Grinnell's chemistry program has traditionally excelled.
The practical takeaway: if graduate school in chemistry or related sciences is the plan, Grinnell's academic rigor likely justifies the investment. If your child intends to work immediately after graduation, the earnings estimates suggest they'll be competitive with graduates from Iowa's public research universities, but without the certainty that comes from actual outcome data for this specific program.
Where Grinnell College Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in Iowa
Chemistry bachelors's programs at peer institutions in Iowa (23 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $64,862 | $42,581* | — | $24,994* | — | |
| $10,964 | $44,847* | — | $25,956* | 0.58 | |
| $10,497 | $43,870* | — | $23,250* | 0.53 | |
| 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 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.
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.