Analysis
Engineering physics programs nationally produce starting salaries around $57,000, which is what peer institutions suggest Austin Peay graduates might expect. With estimated debt of $24,250, the debt-to-earnings ratio of 0.42 looks manageable—graduates would owe less than half their first year's salary. That's a solid foundation compared to many bachelor's programs, though it's worth noting these figures come from similar programs nationally rather than Austin Peay's specific track record.
The challenge here is context. Engineering physics is a relatively uncommon major—only six Tennessee schools offer it—and Austin Peay's small graduate cohort means the Department of Education suppresses their actual outcomes data. This makes it harder to know whether this particular program connects students to the engineering roles that justify the degree. The university's 96% admission rate and modest test scores suggest it serves a different student population than elite engineering schools, which could mean different career trajectories.
For parents, the estimated numbers paint a functional picture: debt that's payable on an engineer's salary. But you're betting on limited information. If your student is serious about engineering physics specifically and Austin Peay offers the right environment for them to succeed, the financial framework appears workable. Just recognize you're making that decision without seeing how previous graduates from this specific program have actually fared.
Where Austin Peay State University 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 |
|---|---|---|---|---|---|
| $8,675 | $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 Austin Peay State University, approximately 46% 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.