Est. Earnings (1yr)
$44,860
Est. from IL median (4 programs)
Est. Median Debt
$24,994
Est. from national median (56 programs)

Analysis

Chemistry programs in Illinois cluster around $45,000 in first-year earnings, with Olivet's estimated outcomes landing right at this state median. That's a solid starting point—above the national benchmark of $42,581 and in line with what comparable programs across the state typically produce. The estimated debt of about $25,000 translates to a 0.56 debt-to-earnings ratio, meaning graduates would owe roughly half of their first-year salary. That's manageable territory for a science degree that often serves as a gateway to graduate school or professional programs.

What matters most here is trajectory. Chemistry bachelor's degrees rarely represent the endpoint—many graduates pursue additional credentials in medicine, pharmacy, or graduate research where the real earnings potential materializes. The question isn't whether $45,000 justifies the investment by itself, but whether this program adequately prepares students for those next steps. Olivet's admission profile suggests a moderately selective environment, and the debt estimate aligns with national norms for similar private institutions.

The practical takeaway: these estimated figures suggest a financially viable path if your student has clear post-graduation plans. For pre-med or pre-pharmacy tracks, the debt load won't become crushing. For those planning to enter the workforce immediately with just a bachelor's, the earnings-to-debt picture works but won't provide much cushion. Dig into placement rates for graduate programs and what chemistry majors actually do after graduation—that's where you'll find whether this investment makes sense for your family's specific situation.

Where Olivet Nazarene University 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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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Olivet Nazarene UniversityBourbonnais$37,940$44,860*—$24,994*—
University of Illinois Urbana-ChampaignChampaign$16,004$47,034*$63,276$21,500*0.46
Southern Illinois University EdwardsvilleEdwardsville$12,922$46,659*$57,878$25,000*0.54
Northern Illinois UniversityDekalb$12,700$43,061*$56,116$23,023*0.53
Western Illinois UniversityMacomb$14,952$31,980*$57,236$27,000*0.84
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 Olivet Nazarene University, approximately 35% 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.