Analysis
Iowa State's Chemical Engineering program produces graduates earning $76,184 right out of college—above both the national median and most other Iowa programs in this field. More importantly, that salary grows to nearly $88,000 by year four, a 15% increase that reflects strong career progression. With modest debt of around $20,000 (well below both state and national averages), graduates face a debt-to-earnings ratio of just 0.26, meaning they could theoretically pay off their loans in about three months of gross earnings.
The numbers are particularly compelling when you consider Iowa State's accessibility—an 89% admission rate means most qualified applicants get in. Chemical engineering typically commands strong salaries nationwide, but Iowa State manages to deliver above-average outcomes without the selectivity or debt burden of more elite programs. The $88,000 mid-career earnings put graduates in solid position for long-term financial stability in manufacturing and industrial sectors that anchor Iowa's economy.
For families weighing engineering options in Iowa or the Midwest, this represents straightforward value: competitive starting salaries, manageable debt, and steady earnings growth. The program benefits from Iowa State's established relationships with regional chemical and agricultural processing companies, translating academic training into actual job placement.
Where Iowa State University Stands
Earnings vs. debt across all chemical engineering bachelors's programs nationally
Earnings Distribution
How Iowa State University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Iowa State University | $76,184 | $87,688 | +15% |
| Rice University | $87,830 | $108,850 | +24% |
| University of California-Berkeley | $81,553 | $108,067 | +33% |
| University of Pennsylvania | $81,721 | $107,816 | +32% |
| University of Iowa | $75,340 | $79,778 | +6% |
Compare to Similar Programs in Iowa
Chemical Engineering bachelors's programs at peer institutions in Iowa (3 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,497 | $76,184 | $87,688 | $20,188 | 0.26 | |
| $10,964 | $75,340 | $79,778 | $27,000 | 0.36 | |
| National Median | — | $72,974 | — | $23,250 | 0.32 |
Career Paths
Occupations commonly associated with chemical engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Chemical Engineers
Bioengineers and Biomedical Engineers
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
Robotics Engineers
Nanosystems Engineers
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 Iowa State University, approximately 18% 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 112 graduates with reported earnings and 112 graduates with debt data. Small samples may not be representative.