Analysis
Northwestern's chemical engineering program delivers strong absolute outcomes—$80,709 starting salary and remarkably low debt at $16,500—but the state context reveals an important nuance. While this places graduates in the 85th percentile nationally, it ranks only in the 60th percentile among Illinois programs, trailing UIUC's $77,440 median by about $3,000. That said, Northwestern's debt load is less than a quarter of the state median, creating a debt-to-earnings ratio of just 0.20 that few programs can match.
The 25% earnings growth to $100,444 by year four shows healthy career progression, and the financial math works decisively in graduates' favor. At Northwestern's highly selective admission standards (7% acceptance rate, 1526 average SAT), families are essentially paying for the broader institutional prestige and network rather than dramatically superior chemical engineering outcomes compared to the state's flagship. For students who gain admission to both, UIUC offers comparable earnings at likely lower total cost, while Northwestern provides the advantages of a private research university with significantly less debt burden than typical engineering programs. The choice hinges on whether those institutional differences justify the additional expense beyond what the salary data captures.
Where Northwestern University Stands
Earnings vs. debt across all chemical engineering bachelors's programs nationally
Earnings Distribution
How Northwestern 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 |
|---|---|---|---|
| Northwestern University | $80,709 | $100,444 | +24% |
| Rice University | $87,830 | $108,850 | +24% |
| University of Illinois Urbana-Champaign | $77,440 | $93,416 | +21% |
| Illinois Institute of Technology | $64,526 | $86,454 | +34% |
| University of Illinois Chicago | $58,377 | $77,771 | +33% |
Compare to Similar Programs in Illinois
Chemical Engineering bachelors's programs at peer institutions in Illinois (5 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $65,997 | $80,709 | $100,444 | $16,500 | 0.20 | |
| $16,004 | $77,440 | $93,416 | $22,850 | 0.30 | |
| $51,763 | $64,526 | $86,454 | $26,747 | 0.41 | |
| $14,338 | $58,377 | $77,771 | $23,875 | 0.41 | |
| 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 Northwestern University, 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.
Sample Size: Based on 32 graduates with reported earnings and 25 graduates with debt data. Small samples may not be representative.