Analysis
St. Olaf's chemistry program graduates start modestly at $44,020 but see solid earnings growth to nearly $58,000 by year fourβa 31% jump that suggests many graduates successfully transition into better-paying roles or graduate programs. The debt load of about $25,000 is manageable, creating a debt-to-earnings ratio of 0.57 that keeps financial pressure reasonable even during those lower-earning early years.
The state comparison, however, reveals an important nuance. While St. Olaf outperforms the national chemistry median slightly, it falls short of Minnesota's program median of $46,062, landing in just the 40th percentile statewide. Top Minnesota programs like Hamline and the University of Minnesota system produce notably higher starting salaries. Given St. Olaf's selective admissions (SAT average of 1373), parents might expect stronger placement outcomes relative to state peers.
The small sample size here mattersβwith fewer than 30 graduates in the data, one or two outliers could skew these numbers significantly. For a family choosing St. Olaf specifically for chemistry, the earnings trajectory looks promising, but the relatively modest starting salary compared to in-state alternatives suggests students may need to be strategic about internships and post-graduation plans to maximize their return on this investment.
Where St Olaf College Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Earnings Distribution
How St Olaf College 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 |
|---|---|---|---|
| St Olaf College | $44,020 | $57,761 | +31% |
| Northeastern University | $62,511 | $88,634 | +42% |
| Kalamazoo College | $39,940 | $75,833 | +90% |
| University of Minnesota-Duluth | $44,674 | $66,981 | +50% |
| University of Minnesota-Twin Cities | $47,451 | $64,031 | +35% |
Compare to Similar Programs in Minnesota
Chemistry bachelors's programs at peer institutions in Minnesota (26 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $56,970 | $44,020 | $57,761 | $24,988 | 0.57 | |
| $48,311 | $50,007 | β | β | β | |
| $16,488 | $47,451 | $64,031 | $21,158 | 0.45 | |
| $14,318 | $44,674 | $66,981 | $22,500 | 0.50 | |
| National Median | β | $42,581 | β | $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 St Olaf College, approximately 20% 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 22 graduates with reported earnings and 29 graduates with debt data. Small samples may not be representative.