Analysis
UC Santa Barbara chemical engineering graduates carry remarkably low debt—just $14,937, better than 95% of programs nationally—while earning nearly $80,000 their first year out. This combination is rare: most engineering programs either saddle students with higher debt or produce lower starting salaries. The debt-to-earnings ratio of 0.19 means graduates could theoretically pay off their loans in less than three months of gross salary, creating exceptional financial flexibility early in their careers.
Among California's 14 chemical engineering programs, UCSB lands solidly in the middle for earnings despite its stronger reputation and selectivity. Berkeley and UCLA grads earn more initially, but UCSB's substantially lower debt burden narrows that advantage considerably. More telling is the comparison to Cal Poly Pomona: UCSB graduates earn $10,000 more annually while borrowing $3,000 less. The 9% earnings growth to year four suggests stable career progression, even if it's not explosive.
For families weighing UC options, UCSB delivers the core value proposition: strong engineering outcomes without the debt trap that plagues many programs. A moderately selective public university (28% admission rate) shouldn't typically produce 79th-percentile national earnings, but the combination of UC resources and California's robust chemical industry creates genuine opportunity here. The financial risk is minimal compared to the upside.
Where University of California-Santa Barbara Stands
Earnings vs. debt across all chemical engineering bachelors's programs nationally
Earnings Distribution
How University of California-Santa Barbara 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 |
|---|---|---|---|
| University of California-Santa Barbara | $79,737 | $87,132 | +9% |
| University of California-Berkeley | $81,553 | $108,067 | +33% |
| University of California-Los Angeles | $76,680 | $92,741 | +21% |
| University of California-Davis | $68,337 | $90,820 | +33% |
| University of Southern California | $68,234 | $89,986 | +32% |
Compare to Similar Programs in California
Chemical Engineering bachelors's programs at peer institutions in California (14 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $14,965 | $79,737 | $87,132 | $14,937 | 0.19 | |
| $14,850 | $81,553 | $108,067 | $18,155 | 0.22 | |
| $13,747 | $76,680 | $92,741 | $18,205 | 0.24 | |
| $7,439 | $69,009 | $88,952 | $21,812 | 0.32 | |
| $15,247 | $68,337 | $90,820 | $16,000 | 0.23 | |
| $14,170 | $68,245 | $80,354 | $17,413 | 0.26 | |
| 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 University of California-Santa Barbara, approximately 28% 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 33 graduates with reported earnings and 32 graduates with debt data. Small samples may not be representative.