Analysis
Physics bachelor's programs in New York show considerable spread in outcomes, with first-year earnings ranging from roughly $45,000 to over $60,000 depending on the institution. Alfred University's program appears positioned right in the middle of this pack—the estimated $48,600 first-year earnings figure derived from comparable New York programs sits nearly identical to the state median and slightly above the national benchmark of $47,670. That's a solid starting salary for any bachelor's degree, though it notably trails what physics graduates from nearby schools like RPI ($60,348) and Cornell ($50,933) typically command.
The estimated debt load of $20,270, also based on peer programs in New York, comes in below both state and national medians for physics degrees. This creates a manageable debt-to-earnings ratio of 0.42, meaning graduates would owe less than half their first-year salary—a reasonable position for entering the workforce or pursuing graduate study, which many physics majors eventually do. The affordability factor is meaningful here, even if the earnings ceiling appears lower than at research universities with stronger industry recruiting pipelines.
For parents weighing this investment, the fundamentals look sound if your student is committed to physics and values a smaller school environment (Alfred's 48% admission rate and moderate SAT scores suggest a less cutthroat atmosphere than top-tier research institutions). Just recognize these are estimates from similar programs statewide, not tracked outcomes from Alfred's specific graduates.
Where Alfred University Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in New York
Physics bachelors's programs at peer institutions in New York (66 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $39,530 | $48,641* | — | $20,270* | — | |
| $61,884 | $60,348* | $88,071 | $20,270* | 0.34 | |
| $66,014 | $50,933* | — | $15,961* | 0.31 | |
| $7,340 | $48,908* | — | —* | — | |
| $57,016 | $48,374* | — | $27,000* | 0.56 | |
| $10,560 | $44,562* | $69,154 | $21,683* | 0.49 | |
| National Median | — | $47,670* | — | $23,304* | 0.49 |
Career Paths
Occupations commonly associated with physics graduates
Physicists
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Physics Teachers, Postsecondary
Secondary School Teachers, Except Special and Career/Technical Education
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 Alfred University, approximately 39% 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 NY. Actual outcomes may vary.