Bachelor's · Lubbock, Texas

Is Chemical Engineering at Texas Tech University worth it?

Medium confidence Medium confidence: 40–99 graduates behind the earnings figures.

The verdict · all families, in-state, half paid with loans

Pays back fast: graduates typically recover the cost in about 2.1 years.

Earnings 1 year after graduating: $85,278; Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Earnings 4 years after graduating: $107,140; Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Typical federal debt at graduation: $24,500; NSLDS pooled AY2022-23, AY2023-24 cohort
Net cost to graduate, all families: $84k (likely $84k – $108k); AcadYr 2024-25, reported in IPEDS DCY2025-26
Earnings bump, year 4: $70k a year vs high-school graduates aged 25–34 in TX; 2023 ACS 5-year pooled, adjusted to 2024 dollars
Payback: 2.1 years (likely 1.8–2.7); Bump vs net cost plus loan interest
10-year net return: $430k (likely $312k – $554k); Today's dollars
20-year net return: $1.26M (likely $1.01M – $1.57M); Today's dollars
Odds of finishing (school-wide): 70%; Fall 2019 or AcadYr 2019-20 cohort (differs by institutional calendar), reported in IPEDS DCY2025-26