Analysis
The University of Chicago's chemistry bachelor's carries an estimated $25,000 in debt—slightly above the national median—for first-year earnings that peer Illinois programs suggest hover around $45,000. That debt-to-earnings ratio of 0.56 is reasonable for a science degree, though not exceptional. The school's 5% admission rate and 1554 average SAT signal extreme selectivity, but those prestigious admissions standards don't automatically translate to chemistry graduates earning more than their peers at Illinois' public flagships.
Similar chemistry programs across Illinois show considerable variation, with UIUC graduates typically earning $47,000 in their first year—putting UChicago's estimated outcomes roughly in the middle of the state pack. While the university's brand carries weight in fields like economics or law, chemistry salaries tend to be more standardized across institutions, especially at entry level. The estimated debt load is manageable but not trivial for starting salaries in the mid-40s.
For families paying UChicago's premium tuition (even with financial aid), the value proposition depends heavily on what comes after: graduate school placement, research opportunities, or career pivots where the broader credential matters. If your child plans to work immediately after graduation as a bench chemist, comparable outcomes at less selective Illinois schools might deliver better return on investment.
Where University of Chicago Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in Illinois
Chemistry bachelors's programs at peer institutions in Illinois (47 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $66,939 | $44,860* | — | $24,994* | — | |
| $16,004 | $47,034* | $63,276 | $21,500* | 0.46 | |
| $12,922 | $46,659* | $57,878 | $25,000* | 0.54 | |
| $12,700 | $43,061* | $56,116 | $23,023* | 0.53 | |
| $14,952 | $31,980* | $57,236 | $27,000* | 0.84 | |
| 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 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.