Analysis
A biochemistry degree from Wabash College appears to underperform Indiana's stronger public options, with peer programs nationally suggesting first-year earnings around $38,000—notably below the state median of $43,576 for the field. Indiana University and Purdue graduates in this major earn $45,500 and $41,600 respectively, creating a gap of $3,600 to $7,500 annually that compounds over time. The estimated $25,500 in debt falls between national and state norms, resulting in a 0.67 debt-to-earnings ratio that's manageable but not exceptional given the below-average starting salary.
For students planning graduate or professional school—common paths in molecular biology—that earnings gap matters less than undergraduate preparation quality. Wabash's small science programs may offer research opportunities and faculty mentorship that larger programs can't match. However, if your child plans to work immediately after graduation, the Indiana flagship universities deliver stronger financial outcomes in this field at similar or lower debt levels.
The uncertainty around these estimates is real since Wabash's actual graduate outcomes weren't reportable. If your child is drawn to Wabash's distinctive all-male residential environment and close faculty relationships, request specific placement data: where do biochemistry graduates land for jobs or grad school? Without that program-specific evidence, you're betting on institutional reputation rather than documented outcomes in a field where Indiana offers proven alternatives.
Where Wabash College Stands
Earnings vs. debt across all biochemistry, biophysics and molecular biology bachelors's programs nationally
Compare to Similar Programs in Indiana
Biochemistry, Biophysics and Molecular Biology bachelors's programs at peer institutions in Indiana (23 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $49,125 | $38,037* | — | $25,489* | — | |
| $11,790 | $45,526* | $57,531 | $23,000* | 0.51 | |
| $9,992 | $41,625* | — | $18,540* | 0.45 | |
| National Median | — | $38,036* | — | $23,000* | 0.60 |
Career Paths
Occupations commonly associated with biochemistry, biophysics and molecular biology graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Biochemists and Biophysicists
Medical Scientists, Except Epidemiologists
Microbiologists
Biological Science Teachers, Postsecondary
Biological Technicians
Food Science Technicians
Biological Scientists, All Other
Bioinformatics Scientists
Molecular and Cellular Biologists
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 Wabash College, approximately 23% 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 136 similar programs. Actual outcomes may vary.