Analysis
In Wisconsin, physics graduates from comparable programs typically earn around $54,400 in their first year—placing these outcomes right at the state median and notably above the $47,670 national benchmark for physics bachelor's degrees. Beloit's estimated debt load of $23,120 is actually lighter than both the state median ($26,292) and national median ($23,304), creating a debt-to-earnings ratio of 0.42 that suggests manageable repayment prospects.
What's particularly interesting is the range across Wisconsin physics programs. UW-River Falls graduates earn substantially more ($62,196), while UW-Madison's lower starting salaries ($36,878) likely reflect graduates pursuing advanced degrees rather than immediate employment. If Beloit's graduates follow similar patterns to other mid-sized Wisconsin programs, they're positioned in a reasonable middle ground—not the highest earners, but with notably less debt than the typical Wisconsin physics graduate carries.
The modest debt burden is the real advantage here. Physics degrees often lead to graduate school or varied career paths, and having under $24,000 in loans preserves flexibility for either direction. While we can't know this specific cohort's exact outcomes, the combination of competitive earnings estimates and below-average debt suggests a solid foundation for whatever comes next in a physics career trajectory.
Where Beloit College Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Wisconsin
Physics bachelors's programs at peer institutions in Wisconsin (18 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $58,554 | $54,428* | — | $23,120* | — | |
| $8,606 | $62,196* | — | $30,000* | 0.48 | |
| $9,651 | $54,428* | $70,182 | $26,292* | 0.48 | |
| $11,205 | $36,878* | $69,988 | $20,500* | 0.56 | |
| 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 Beloit College, approximately 29% 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 3 similar programs in WI. Actual outcomes may vary.