Analysis
Milligan's chemistry program carries estimated debt of nearly $25,000—above both the state median ($20,104) and the national benchmark ($24,000)—while similar Tennessee programs suggest first-year earnings around $41,589. That debt-to-earnings ratio of 0.60 isn't alarming on its face, but it's worth noting that peer chemistry programs in the state typically produce lower debt loads while delivering comparable starting salaries. Austin Peay State and UT-Knoxville graduates, for instance, start at similar earnings levels with less financial burden.
The challenge here is that chemistry bachelor's degrees often serve as stepping stones to graduate programs in medicine, pharmacy, or research—fields where the undergraduate debt compounds with additional years of borrowing. If your child plans to stop at the bachelor's level and enter the workforce directly, the estimated $25,000 debt is manageable but not particularly competitive. Tennessee chemistry programs range from $36,881 to $42,475 in first-year earnings based on available data, placing Milligan's estimated outcomes squarely in the middle of the pack.
Given the small program size that triggered data suppression, connect directly with Milligan's chemistry department about actual graduate outcomes and job placement. Ask specifically about the proportion of graduates pursuing advanced degrees versus entering the workforce, and whether alumni starting salaries align with these state-level estimates. The financial picture here depends heavily on your child's post-graduation path.
Where Milligan University Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in Tennessee
Chemistry bachelors's programs at peer institutions in Tennessee (34 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $39,350 | $41,589* | — | $24,994* | — | |
| $8,675 | $42,475* | — | $20,500* | 0.48 | |
| $13,484 | $41,589* | $44,354 | $19,500* | 0.47 | |
| $10,144 | $41,588* | — | $24,999* | 0.60 | |
| $10,344 | $36,881* | $50,076 | $20,000* | 0.54 | |
| 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 Milligan University, approximately 23% 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 TN. Actual outcomes may vary.