Est. Earnings (1yr)
$70,983
Est. from IL median (4 programs)
Est. Median Debt
$25,918
Est. from national median (36 programs)

Analysis

Chicago's prestigious reputation doesn't guarantee chemical engineering graduates the highest earnings in Illinois. Based on four comparable programs in the state, first-year earnings hover around $71,000—well below Northwestern's $80,700 and trailing UIUC's $77,400. With estimated debt of $25,900, the financial picture remains manageable (about 37% of first-year income), but parents should recognize they're not paying for a clear earnings advantage in this field.

The gap between Chicago's 5% admission rate and its middling engineering outcomes reveals an important truth: elite university prestige doesn't always translate across all majors. Chemical engineering is a field where program-specific resources—labs, industry partnerships, regional placement networks—matter as much as selectivity. The fact that two Illinois public universities outperform Chicago's estimated outcomes suggests that for this particular major, institutional reputation alone isn't driving results.

For families considering Chicago specifically for chemical engineering, the estimated $26,000 in debt is reasonable, but the earnings trajectory makes this less about exceptional returns and more about accessing Chicago's broader academic environment. If your child is set on chemical engineering as a career path, the data suggests looking hard at programs with demonstrated placement success in the field, regardless of overall institutional prestige.

Where University of Chicago Stands

Earnings vs. debt across all chemical engineering bachelors's programs nationally

Compare to Similar Programs in Illinois

Chemical Engineering bachelors's programs at peer institutions in Illinois (5 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
University of ChicagoChicago$66,939$70,983*—$25,918*—
Northwestern UniversityEvanston$65,997$80,709*$100,444$16,500*0.20
University of Illinois Urbana-ChampaignChampaign$16,004$77,440*$93,416$22,850*0.30
Illinois Institute of TechnologyChicago$51,763$64,526*$86,454$26,747*0.41
University of Illinois ChicagoChicago$14,338$58,377*$77,771$23,875*0.41
National Median—$72,974*—$23,250*0.32
* Estimated from similar programs

Career Paths

Occupations commonly associated with chemical engineering graduates

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Chemical Engineers

Design chemical plant equipment and devise processes for manufacturing chemicals and products, such as gasoline, synthetic rubber, plastics, detergents, cement, paper, and pulp, by applying principles and technology of chemistry, physics, and engineering.

$121,860/yrJobs growth:Bachelor's degree

Bioengineers and Biomedical Engineers

Apply knowledge of engineering, biology, chemistry, computer science, and biomechanical principles to the design, development, and evaluation of biological, agricultural, and health systems and products, such as artificial organs, prostheses, instrumentation, medical information systems, and health management and care delivery systems.

$106,950/yrJobs growth:Bachelor's degree

Engineering Teachers, Postsecondary

Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Engineers, All Other

All engineers not listed separately.

Energy Engineers, Except Wind and Solar

Design, develop, or evaluate energy-related projects or programs to reduce energy costs or improve energy efficiency during the designing, building, or remodeling stages of construction. May specialize in electrical systems; heating, ventilation, and air-conditioning (HVAC) systems; green buildings; lighting; air quality; or energy procurement.

Mechatronics Engineers

Research, design, develop, or test automation, intelligent systems, smart devices, or industrial systems control.

Microsystems Engineers

Research, design, develop, or test microelectromechanical systems (MEMS) devices.

Photonics Engineers

Design technologies specializing in light information or light energy, such as laser or fiber optics technology.

Robotics Engineers

Research, design, develop, or test robotic applications.

Nanosystems Engineers

Design, develop, or supervise the production of materials, devices, or systems of unique molecular or macromolecular composition, applying principles of nanoscale physics and electrical, chemical, or biological engineering.

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 Chicago, approximately 14% 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.