Analysis
A chemistry degree from Wabash appears positioned right at the state and national median, with similar programs across Indiana typically producing first-year earnings around $42,580. That estimated figure falls below what Purdue chemistry graduates report earning ($47,213) but matches outcomes at larger state schools like IU Bloomington. For a small liberal arts college with a 63% admission rate, hitting the midpoint isn't necessarily problematic—it suggests the program delivers competitive preparation despite its size.
The estimated $25,000 in debt yields a manageable 0.59 debt-to-earnings ratio, meaning graduates from comparable programs typically owe about seven months of their first-year salary. That's reasonable territory for a STEM field, though chemistry majors often need graduate degrees to reach their field's higher earning potential. The question becomes whether Wabash's close-knit environment and research opportunities (advantages of smaller programs) justify similar outcomes to state universities that cost less for in-state students.
What matters most here is trajectory beyond year one. Chemistry careers typically reward advanced degrees and specialization, so investigate whether Wabash chemistry graduates successfully transition to strong PhD programs or industry positions that leverage their foundation. The estimated numbers suggest neither a premium nor a penalty for choosing this path—it's the graduate school placement rates and long-term network that will determine whether this program outperforms or underperforms its peer-program estimates.
Where Wabash College Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in Indiana
Chemistry bachelors's programs at peer institutions in Indiana (36 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $49,125 | $42,580* | — | $24,994* | — | |
| $9,992 | $47,213* | $48,715 | $19,500* | 0.41 | |
| $11,790 | $42,889* | $59,000 | $17,000* | 0.40 | |
| $10,758 | $42,677* | $42,387 | $25,000* | 0.59 | |
| $10,449 | $42,482* | $52,352 | $21,902* | 0.52 | |
| $36,136 | $40,612* | — | $23,214* | 0.57 | |
| 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 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 median of 6 similar programs in IN. Actual outcomes may vary.