Analysis
Engineering physics sits at the intersection of pure science and practical application, and peer programs nationally suggest first-year earnings around $57,500—solid but not spectacular for a demanding STEM major. With estimated debt of $24,250, the debt-to-earnings ratio of 0.42 falls within reasonable bounds, meaning graduates could theoretically repay their loans in under a year if they devoted all earnings to it. However, these figures come from a small pool of similar programs nationwide, not ASU's specific outcomes, and the program's small graduate cohort means the actual picture could vary considerably.
What complicates the analysis is that only two Arizona schools offer this specialized degree, and neither has sufficient graduate data to compare directly. Engineering physics is notably different from traditional engineering disciplines—it's more research-focused and often serves as preparation for graduate school rather than immediate industry work. If your child plans to stop at the bachelor's level and enter the workforce, comparable mechanical or electrical engineering programs might offer clearer career pathways and stronger initial earnings. The estimated $57,500 starting salary is respectable but trails other engineering specialties that typically break $60,000-70,000.
Before committing, contact ASU's program directly to learn where recent graduates actually landed—research labs, tech companies, or graduate programs—since that career trajectory will matter more than these broad estimates suggest.
Where Arizona State University Campus Immersion Stands
Earnings vs. debt across all engineering physics bachelors's programs nationally
Compare to Similar Programs Nationally
Engineering Physics bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $12,051 | $57,457* | — | $24,250* | — | |
| $21,186 | $72,858* | $87,900 | $21,500* | 0.30 | |
| $8,315 | $68,379* | $75,848 | $27,000* | 0.39 | |
| $16,004 | $64,304* | $92,842 | $20,136* | 0.31 | |
| $9,708 | $58,025* | $67,485 | $19,521* | 0.34 | |
| $42,304 | $56,889* | — | $23,667* | 0.42 | |
| National Median | — | $57,457* | — | $24,706* | 0.43 |
Career Paths
Occupations commonly associated with engineering physics graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Physicists
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
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 Arizona State University Campus Immersion, approximately 30% 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 8 similar programs. Actual outcomes may vary.