Est. Earnings (1yr)
$42,581
Est. from national median (205 programs)
Est. Median Debt
$24,994
Est. from national median (56 programs)

Analysis

A chemistry degree from this selective Iowa liberal arts college comes with an estimated $25,000 in debt—reasonable for a bachelor's degree, but one that assumes first-year earnings will align with national patterns. Based on comparable chemistry programs nationwide, graduates typically earn around $42,600 in their first year, putting the debt-to-earnings ratio at a manageable 0.59. That's slightly below what Iowa's flagship universities report for their chemistry graduates ($44,000-$45,000), though those programs benefit from larger research infrastructure and broader industry connections that can open doors to higher-paying positions immediately after graduation.

The challenge is that Luther's small graduate cohort means we're working entirely from estimates rather than tracked outcomes for its specific chemistry students. While the school maintains solid academics (average SAT of 1238), the lack of reported data makes it impossible to know whether its graduates match, exceed, or fall short of these national projections. Chemistry careers can vary dramatically—from $35,000 lab technician roles to $55,000+ positions in pharmaceuticals or quality control—and a smaller program may have less consistent industry placement infrastructure than larger state universities.

If your child is committed to chemistry and values Luther's intimate learning environment, the estimated debt load won't be crushing. But push the school hard on concrete placement outcomes: where do their recent chemistry graduates actually work, and what are they earning? Without that institutional data, you're making a $100,000+ decision based on national averages that may not reflect this specific program's strengths or limitations.

Where Luther 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)

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Luther CollegeDecorah$50,320$42,581*—$24,994*—
University of IowaIowa City$10,964$44,847*—$25,956*0.58
Iowa State UniversityAmes$10,497$43,870*—$23,250*0.53
National Median—$42,581*—$24,000*0.56
* Estimated from similar programs

Career Paths

Occupations commonly associated with chemistry graduates

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Computer and Information Research Scientists

Conduct research into fundamental computer and information science as theorists, designers, or inventors. Develop solutions to problems in the field of computer hardware and software.

$140,910/yrJobs growth:Master's degree

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Chemists

Conduct qualitative and quantitative chemical analyses or experiments in laboratories for quality or process control or to develop new products or knowledge.

$86,620/yrJobs growth:Bachelor's degree

Chemistry Teachers, Postsecondary

Teach courses pertaining to the chemical and physical properties and compositional changes of substances. Work may include providing instruction in the methods of qualitative and quantitative chemical analysis. Includes both teachers primarily engaged in teaching, and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Environmental Science Teachers, Postsecondary

Teach courses in environmental science. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Physics Teachers, Postsecondary

Teach courses pertaining to the laws of matter and energy. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Environmental Scientists and Specialists, Including Health

Conduct research or perform investigation for the purpose of identifying, abating, or eliminating sources of pollutants or hazards that affect either the environment or public health. Using knowledge of various scientific disciplines, may collect, synthesize, study, report, and recommend action based on data derived from measurements or observations of air, food, soil, water, and other sources.

$80,060/yrJobs growth:Bachelor's degree
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 Luther College, approximately 19% 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.