Analysis
Similar physics programs across New York suggest first-year earnings around $48,600—right at the state median and modestly above the national benchmark. That's in the ballpark with well-regarded programs like CUNY City College and Rochester Institute of Technology, though trailing research powerhouses like Rensselaer by about $12,000. The estimated debt load of $20,270 represents less than half a year's earnings, which is solid territory for a STEM bachelor's degree.
The 0.42 debt-to-earnings ratio based on comparable New York programs suggests manageable financial pressure out of the gate. Physics majors often pursue graduate work or pivot into adjacent fields like data science or engineering, where earnings climb substantially. What matters here is whether this estimated starting point—lower than elite research universities but competitive with many state schools—provides enough runway for those next steps.
The reality is we're working with statewide averages because Canisius graduates too few physics majors for DOE reporting thresholds. That means your specific outcome depends heavily on factors these estimates can't capture: internship quality, research opportunities, and whether you're headed to grad school or straight to work. The debt picture looks reasonable, but verify whether Canisius provides the lab access, faculty mentorship, and career connections that turn a physics degree into a launching pad rather than just a credential.
Where Canisius University 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)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $32,720 | $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 Canisius University, approximately 27% 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.