Est. Earnings (1yr)
$39,285
Est. from TX median (6 programs)
Est. Median Debt
$23,120
Est. from national median (20 programs)

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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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Austin CollegeSherman$46,500$39,285*$23,120*
Texas Tech UniversityLubbock$11,852$57,435*$25,000*0.44
Texas A&M University-College StationCollege Station$13,099$53,329*$17,522*0.33
Texas State UniversitySan Marcos$11,450$41,737*$23,500*0.56
The University of Texas at AustinAustin$11,678$36,832*$76,239$20,333*0.55
The University of Texas at San AntonioSan Antonio$8,991$36,328*$27,508*0.76
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 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.