Analysis
A Bachelor's in Chemistry carries significant weight in the job market, but Simpson's financial picture—based on what peer programs typically produce—suggests starting earnings that lag behind Iowa's larger universities. While comparable chemistry programs nationally point to first-year earnings around $42,600, Iowa's flagship institutions report graduates earning $44,800 to $43,900. That $1,800 to $2,300 gap matters when you're managing debt, even if the estimated $25,000 loan burden sits right at the national median for chemistry degrees.
The debt-to-earnings ratio of 0.59 falls within manageable territory for a STEM field, meaning graduates would likely carry debt equal to roughly seven months of their first-year salary. Chemistry degrees generally open doors to lab work, quality control positions, or graduate school pathways—opportunities that tend to improve earning potential over time. Simpson's 89% admission rate and solid SAT scores suggest an accessible program that doesn't sacrifice academic standards, though the question remains whether a smaller program can match the research facilities and corporate recruiting pipelines available at Iowa State or University of Iowa.
For parents weighing this investment, the key uncertainty is whether Simpson's specific outcomes align with these national estimates. Request placement data directly from the chemistry department—where do recent graduates actually work, and what do they earn? If Simpson's graduates consistently land quality positions despite what the estimates suggest, that context could justify the premium over a state school.
Where Simpson College Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in Iowa
Chemistry bachelors's programs at peer institutions in Iowa (23 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $46,212 | $42,581* | — | $24,994* | — | |
| $10,964 | $44,847* | — | $25,956* | 0.58 | |
| $10,497 | $43,870* | — | $23,250* | 0.53 | |
| 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 Simpson College, approximately 33% 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 national median of 205 similar programs. Actual outcomes may vary.