Analysis
Chemistry programs in Illinois cluster tightly around $45,000 in first-year earnings, and Illinois Tech's graduates likely fall right in that range based on peer outcomes. The estimated $25,000 debt load—slightly above the state median but typical for private institutions—translates to a manageable 0.56 debt-to-earnings ratio. Programs at UIUC and SIUE show slightly higher starting salaries, but the differences are modest enough that other factors like research opportunities and industry connections in Chicago should weigh heavily in your decision.
The real question is whether your child plans to stop at a bachelor's degree or continue to graduate school. Chemistry careers increasingly require advanced degrees for research positions, which means these first-year earnings may not tell the full story. If your child is headed straight into industry—quality control, analytical chemistry, pharmaceutical work—then these numbers suggest a reasonable investment. If graduate school is the plan, that additional debt matters.
Given the incomplete data picture, ask Illinois Tech's career services for actual placement outcomes: which companies hire their chemistry graduates, what percentage continue to PhD programs, and whether Chicago's biotech and pharmaceutical corridor translates into meaningful internship opportunities. The earnings potential is solid enough, but you're making this decision without seeing this specific program's track record.
Where Illinois Institute of Technology 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 |
|---|---|---|---|---|---|
| $51,763 | $44,860* | — | $24,994* | — | |
| $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 | — | $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 Illinois Institute of Technology, approximately 29% 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.