Analysis
Based on similar chemistry programs in Illinois, first-year earnings around $45,000 would put this degree slightly above the national median for chemistry bachelor's degrees. The estimated debt of nearly $25,000 translates to a debt-to-earnings ratio of 0.56βmanageable territory that suggests graduates could realistically handle monthly loan payments while building their careers in lab work, quality control, or graduate school preparation.
What's worth noting is that Illinois chemistry programs show considerable variation in outcomes, from the low $30,000s to over $47,000 at the state's flagship. Without actual graduate data from Illinois College specifically, it's hard to know where on that spectrum their chemistry majors typically land. The school's 75% admission rate and modest SAT average suggest it may serve students who wouldn't qualify for the highest-tier programs, but that doesn't necessarily translate to weaker earning power in a field where lab skills and work ethic often matter as much as institutional prestige.
The chemistry degree remains a solid foundation for various career paths, and the estimated debt load here isn't prohibitive. However, parents should recognize they're making this investment with limited visibility into how Illinois College's specific program performs. Conversations with current students, recent alumni, and the department about job placement and graduate school acceptance rates would provide the concrete evidence that federal data can't offer here.
Where Illinois College Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in Illinois
Chemistry bachelors's programs at peer institutions in Illinois (47 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $37,470 | $44,860* | β | $24,994* | β | |
| $16,004 | $47,034* | $63,276 | $21,500* | 0.46 | |
| $12,922 | $46,659* | $57,878 | $25,000* | 0.54 | |
| $12,700 | $43,061* | $56,116 | $23,023* | 0.53 | |
| $14,952 | $31,980* | $57,236 | $27,000* | 0.84 | |
| National Median | β | $42,581* | β | $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 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 4 similar programs in IL. Actual outcomes may vary.