Analysis
A chemistry degree is practical if the earnings justify the debt, and this program appears to hit that mark—but the full picture is harder to see. Based on four similar bachelor's programs in Illinois, first-year earnings estimate at $44,860, slightly above the national median for chemistry graduates. The estimated debt of nearly $25,000 yields a manageable ratio of 0.56, meaning graduates would owe about half their first-year salary. That's reasonable by today's standards, though it's worth noting that Illinois programs vary dramatically—some chemistry grads from state universities earn close to $47,000 while others start around $32,000.
The challenge here is uncertainty. With an 87% admission rate and moderate selectivity, Monmouth serves a different student population than flagship research universities, which may influence outcomes through factors like internship networks and lab resources. Chemistry typically demands graduate study for substantial career advancement, so bachelor's-level earnings often represent just the starting point. If your child plans to stop at the bachelor's degree and enter the workforce immediately, these estimated figures suggest they'd be financially viable. If graduate school is the goal, factor in additional debt against potentially higher future earnings. The estimation means you're making this choice with less information than ideal about Monmouth's specific track record.
Where Monmouth 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 |
|---|---|---|---|---|---|
| $43,520 | $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 Monmouth College, approximately 31% 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.