Analysis
A $20,500 debt load for a bachelor's degree in chemistry is actually quite reasonable—it sits well below both Oregon's typical $22,900 and the national median of $24,000 for this field. The estimated first-year earnings of $41,779, derived from the three Oregon chemistry programs with reportable data, align closely with what chemistry graduates typically earn nationally ($42,581). This suggests Willamette students aren't paying a premium for worse outcomes, despite the school's small program size that prevents the DOE from publishing specific graduate data.
The debt-to-earnings ratio of 0.49 means graduates would owe roughly half a year's salary—manageable territory for STEM graduates who generally see steady salary growth after their first year. Chemistry degrees open doors to lab positions, quality control roles, and graduate programs, and starting near $42,000 provides a solid foundation for either path. The lower debt burden compared to peer programs means less financial pressure during those critical early career years.
For parents, the key question is whether Willamette's small class sizes and personalized attention justify choosing it over larger Oregon programs like Oregon State, which reports the same estimated earnings figure. If your student thrives in smaller academic settings and the debt stays in this range, the financial picture works. The chemistry degree itself appears to be a sound investment.
Where Willamette University Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in Oregon
Chemistry bachelors's programs at peer institutions in Oregon (14 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $48,268 | $41,779* | — | $20,500 | — | |
| $13,494 | $41,779* | $56,658 | $25,500 | 0.61 | |
| $12,594 | $41,779* | $56,658 | $25,500 | 0.61 | |
| $11,238 | $35,395* | $54,740 | $24,773 | 0.70 | |
| 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 Willamette University, approximately 22% 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 3 similar programs in OR. Actual outcomes may vary.