Analysis
Wake Forest's Chemistry bachelor's program lands students with $22,250 in debtβa manageable figure that sits just below the national median. But the earnings picture, based on comparable Chemistry programs across North Carolina, raises questions about value. At an estimated $36,235 in first-year earnings, graduates would need to dedicate about 61% of their initial salary to debt if paying it off in one yearβhigher than ideal but not catastrophic for a selective institution charging premium tuition.
What's troubling is the gap between what Wake Forest charges and what its Chemistry graduates appear to earn relative to NC State and East Carolina, whose programs produce first-year earnings above $47,000. Even UNC-Asheville, with similar estimated earnings, likely costs considerably less. Chemistry programs at public universities in North Carolina consistently outperform the state median by $4,000-11,000, while Wake Forest students seem to be hitting the state average despite the school's 22% admission rate and 1469 average SAT score.
The practical reality: if your child is paying private school tuition for outcomes tracking with the state median, you're not seeing a return on that premium. Unless they're planning graduate school where Wake Forest's network matters, or they've secured substantial financial aid that brings their debt well below this median, NC's flagship publics offer Chemistry programs with stronger apparent earning trajectories at lower cost.
Where Wake Forest University Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in North Carolina
Chemistry bachelors's programs at peer institutions in North Carolina (42 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $64,758 | $36,235* | β | $22,250 | β | |
| $7,361 | $47,875* | $55,980 | $24,250 | 0.51 | |
| $8,895 | $47,071* | β | $20,154 | 0.43 | |
| $7,317 | $44,473* | $53,767 | $19,935 | 0.45 | |
| $7,541 | $40,488* | $51,055 | $24,949 | 0.62 | |
| $7,461 | $36,891* | $43,113 | $12,825 | 0.35 | |
| National Median | β | $42,581* | β | $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 Wake Forest University, approximately 9% 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 10 similar programs in NC. Actual outcomes may vary.