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

Analysis

Physics programs in Minnesota typically produce stronger first-year earnings than what comparable programs nationally suggest for Augsburg—around $54,000 versus the estimated $47,670 here. That $7,000 gap matters when you're carrying debt, even though the estimated $23,120 burden remains manageable with a debt-to-earnings ratio under 0.5. The University of Minnesota-Twin Cities, for context, reports actual median earnings of $54,350 for its physics graduates.

The challenge here is twofold: first, these figures are estimates drawn from peer programs nationally rather than Augsburg's actual outcomes, meaning we're looking at what similar physics programs tend to produce, not what this specific program delivers. Second, even if these estimates hold true, the earnings appear lower than what other Minnesota physics programs achieve. For a school serving 52% Pell-eligible students, that combination deserves scrutiny.

What saves this from being a clear "no" is the relatively modest debt load. If your child can graduate close to this estimated $23,000 figure and secure employment near Minnesota's typical physics earnings instead, the math improves considerably. But given the lack of actual data and the gap between estimated earnings and state norms, request concrete job placement information directly from Augsburg—where graduates land, what roles they secure, and whether those outcomes justify choosing this program over larger state schools with proven track records.

Where Augsburg University Stands

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

Compare to Similar Programs in Minnesota

Physics bachelors's programs at peer institutions in Minnesota (21 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Augsburg UniversityMinneapolis$43,942$47,670*$23,120*
University of Minnesota-Twin CitiesMinneapolis$16,488$54,350*$57,831$23,594*0.43
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 Augsburg University, approximately 52% 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.