Est. Earnings (1yr)
$47,670
Est. from national median (75 programs)
Est. Median Debt
$23,120
Est. from national median (20 programs)

Analysis

A physics degree from Anderson University appears manageable financially, with estimated debt of $23,120 against first-year earnings around $47,670 based on national benchmarks for similar bachelor's programs. That debt-to-earnings ratio of 0.49 suggests graduates could reasonably pay down their loans within a few years—the kind of balance sheet that lets young physicists take the entry-level research positions or graduate school opportunities they need without constant financial stress.

The catch? Indiana's physics job market looks considerably weaker than the national picture. Purdue's physics graduates—the only Indiana program with reported data—earn just $30,203 their first year out, well below what comparable programs produce nationally. This gap matters because most Anderson graduates will likely start their careers regionally. Unless you're confident your child will relocate to stronger physics markets on the coasts or near national labs, that $47,670 estimate may prove optimistic for someone staying in-state.

The practical question is whether Anderson's smaller program (hence the suppressed data) provides advantages that offset this regional disadvantage—perhaps more faculty attention, undergraduate research opportunities, or stronger grad school placement. Given the estimated debt load is reasonable but Indiana physics salaries lag significantly, your child's post-graduation plans should drive this decision. If graduate school or out-of-state employment is the goal, the numbers work. If they're planning to stay in Indiana with just a bachelor's, prepare for a tighter financial picture than these estimates suggest.

Where Anderson University Stands

Earnings vs. debt across all physics bachelors's programs nationally

Compare to Similar Programs in Indiana

Physics bachelors's programs at peer institutions in Indiana (26 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Anderson UniversityAnderson$35,640$47,670*—$23,120*—
Purdue University-Main CampusWest Lafayette$9,992$30,203*—$21,948*0.73
National Median—$47,670*—$23,304*0.49
* Estimated from similar programs

Career Paths

Occupations commonly associated with physics graduates

Physicists

Conduct research into physical phenomena, develop theories on the basis of observation and experiments, and devise methods to apply physical laws and theories.

$166,290/yrJobs growth:Doctoral or professional degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Physics Teachers, Postsecondary

Teach courses pertaining to the laws of matter and energy. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree
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 Anderson University, approximately 36% 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 national median of 75 similar programs. Actual outcomes may vary.