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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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $43,942 | $47,670* | — | $23,120* | — | |
| $16,488 | $54,350* | $57,831 | $23,594* | 0.43 | |
| 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 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.