Analysis
A debt-to-earnings ratio of 0.49 suggests a manageable financial outcome, but the picture here is hazier than usual. The federal government suppresses this program's actual outcomes because too few students complete it each year—a red flag about program scale that matters beyond just data availability. We're estimating around $47,670 in first-year earnings and $23,120 in debt based on national physics programs, which would be respectable numbers if they held true.
The challenge is that Michigan's physics graduates typically earn less than the national average—$43,210 versus $47,670—and Aquinas's smaller program may not command the same starting salaries as University of Michigan ($53,019) or even Michigan State ($33,400). Small physics programs can offer close faculty mentorship, but they may lack the research infrastructure and employer pipelines that drive higher starting pay in this field. With only 23% of students receiving Pell grants, Aquinas serves a relatively affluent population, which might offset debt concerns for many families but doesn't change the core question about earnings potential.
The fundamental issue is whether a physics degree from a small liberal arts college positions graduates as competitively as those from research universities. If your child is considering graduate school—common in physics—the bachelor's program is essentially preparation. But if they're planning to enter the workforce immediately, confirm what kinds of positions recent graduates have secured and at what salaries, because the estimated figures here could overstate what this specific program delivers.
Where Aquinas College Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Michigan
Physics bachelors's programs at peer institutions in Michigan (25 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $38,520 | $47,670* | — | $23,120* | — | |
| $17,228 | $53,019* | $73,202 | $22,250* | 0.42 | |
| $15,988 | $33,400* | $59,536 | $27,000* | 0.81 | |
| 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 Aquinas College, approximately 23% 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.