Analysis
Saint Mary's chemistry graduates face a debt burden slightly above both state and national medians for chemistry programs, paired with first-year earnings that sit right at Indiana's typical level. Based on comparable programs in Indiana, chemistry majors can expect around $42,580 in their first year—earnings that match the six-program state median exactly but trail flagship options like Purdue by roughly $4,600. The estimated $25,000 in debt translates to a debt-to-earnings ratio of 0.59, meaning you'd owe about seven months of gross income, which is manageable but not exceptional.
What complicates the picture is Saint Mary's 81% admission rate combined with these middle-of-the-pack outcomes. Chemistry is typically a strong-earning STEM field that can justify moderate debt loads, and the ratio here suggests graduates should be able to manage repayment. However, with limited actual data from this specific program, you're placing faith in the school's ability to match outcomes seen at peer institutions across Indiana. The chemistry program landscape in the state is competitive, with public universities offering similar or better estimated returns.
For families weighing this investment, the question becomes whether Saint Mary's distinctive environment—a women's college with smaller classes and different support systems—justifies paying similar debt loads for earnings that comparable Indiana programs also deliver. The numbers suggest adequacy rather than advantage.
Where Saint Mary's College Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in Indiana
Chemistry bachelors's programs at peer institutions in Indiana (36 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $51,430 | $42,580* | — | $24,994* | — | |
| $9,992 | $47,213* | $48,715 | $19,500* | 0.41 | |
| $11,790 | $42,889* | $59,000 | $17,000* | 0.40 | |
| $10,758 | $42,677* | $42,387 | $25,000* | 0.59 | |
| $10,449 | $42,482* | $52,352 | $21,902* | 0.52 | |
| $36,136 | $40,612* | — | $23,214* | 0.57 | |
| 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 Saint Mary's College, approximately 24% 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 6 similar programs in IN. Actual outcomes may vary.