Analysis
Texas physics programs produce vastly different outcomes, from Texas Tech's $57,000 to UT Austin's $37,000 first-year earnings—and Austin College's estimated $39,000 puts this program near the state median but well below the national benchmark of $48,000. That $8,700 gap matters when you're considering a physics degree, a field where graduate school is often necessary for career advancement and where undergraduate debt can compound with additional borrowing.
The estimated debt load of $23,000 isn't alarming in isolation—it's close to both state and national norms for physics programs. With a debt-to-earnings ratio of 0.59, graduates from similar programs typically face manageable monthly payments. However, physics majors often continue their education, and this bachelor's degree may represent just the first layer of educational debt rather than a terminal credential leading directly to career-level employment.
The real question is whether Austin College provides the research opportunities, faculty mentorship, and graduate school placement that justify similar debt to larger research universities while producing lower estimated initial earnings. For a student certain about physics and planning for graduate school, those factors matter more than first-year salary. For one uncertain about advanced study, these estimates suggest exploring programs with stronger early earnings or considering how a physics degree from Austin College compares to other STEM options at the same institution.
Where Austin College Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Texas
Physics bachelors's programs at peer institutions in Texas (40 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $46,500 | $39,285* | — | $23,120* | — | |
| $11,852 | $57,435* | — | $25,000* | 0.44 | |
| $13,099 | $53,329* | — | $17,522* | 0.33 | |
| $11,450 | $41,737* | — | $23,500* | 0.56 | |
| $11,678 | $36,832* | $76,239 | $20,333* | 0.55 | |
| $8,991 | $36,328* | — | $27,508* | 0.76 | |
| 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 Austin College, 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 median of 6 similar programs in TX. Actual outcomes may vary.