Analysis
A biochemistry degree from a selective liberal arts college typically commands strong earnings potential, but the limited graduate sample at Illinois College makes the financial picture harder to assess. Based on comparable biochemistry programs across Illinois, first-year earnings hover around $38,400—right in line with the national median for this major. The estimated debt load of $25,500 produces a manageable debt-to-earnings ratio of 0.66, meaning graduates would owe roughly eight months of their first year's salary.
What complicates the calculation here is uncertainty about post-graduate paths. Biochemistry serves two distinct populations: students heading directly into lab jobs or pharmaceutical sales, and those using it as a stepping stone to medical or graduate school. Similar Illinois programs show this split clearly—Loyola and Augustana graduates earn nearly identical amounts, suggesting consistency in immediate career outcomes. However, if your student plans on additional schooling, that $25,500 in undergraduate debt becomes the foundation of a much larger borrowing commitment.
The practical question is whether Illinois College's smaller program size offers advantages that justify not having clearer outcome data. Smaller cohorts can mean better mentorship and research opportunities, but they also mean less visibility into where graduates actually land. If med school or a PhD is the goal, undergraduate debt matters less than research experience and recommendation quality. For students planning to work immediately after graduation, you're essentially betting that Illinois College delivers outcomes similar to its peer programs—a reasonable assumption, but one worth validating through direct conversations with faculty about recent graduate placements.
Where Illinois College Stands
Earnings vs. debt across all biochemistry, biophysics and molecular biology bachelors's programs nationally
Compare to Similar Programs in Illinois
Biochemistry, Biophysics and Molecular Biology bachelors's programs at peer institutions in Illinois (26 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $37,470 | $38,436* | — | $25,489* | — | |
| $51,716 | $38,487* | $60,325 | $25,000* | 0.65 | |
| $49,834 | $38,436* | — | $27,000* | 0.70 | |
| $14,338 | $34,308* | $53,560 | $15,000* | 0.44 | |
| 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 Illinois College, approximately 35% 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 median of 3 similar programs in IL. Actual outcomes may vary.