Analysis
Physics programs in New York show substantial earnings variation, and Barnard's estimated outcomes land squarely in the middle of the pack. Based on comparable programs across the state, graduates likely earn around $48,600 in their first year—nearly identical to the national median for physics majors and close to what CUNY City College and RIT physics grads report. The estimated debt of $20,270 sits comfortably below the national average, yielding a debt-to-earnings ratio of 0.42 that suggests manageable repayment within a year or two.
What you're really evaluating here is whether Barnard's distinctive environment—an elite women's college with Columbia University resources and an 8% admission rate—justifies potentially similar financial outcomes to larger research universities in the state. The physics degree itself appears to hold its value competitively, but you won't see the premium that Rensselaer grads command ($60,000+) based on these estimates. For families paying full freight at a highly selective liberal arts college, the first-year earnings picture suggests the investment centers more on Barnard's unique community and academic experience than on measurably higher starting salaries in physics specifically. If your student is drawn to that environment and plans to pursue graduate school—common for physics majors—the moderate debt load won't become an obstacle.
Where Barnard College Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in New York
Physics bachelors's programs at peer institutions in New York (66 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $66,246 | $48,641* | — | $20,270* | — | |
| $61,884 | $60,348* | $88,071 | $20,270* | 0.34 | |
| $66,014 | $50,933* | — | $15,961* | 0.31 | |
| $7,340 | $48,908* | — | —* | — | |
| $57,016 | $48,374* | — | $27,000* | 0.56 | |
| $10,560 | $44,562* | $69,154 | $21,683* | 0.49 | |
| 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 Barnard College, approximately 15% 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 NY. Actual outcomes may vary.