Est. Earnings (1yr)
$47,670
Est. from national median (75 programs)
Est. Median Debt
$23,120
Est. from national median (20 programs)

Analysis

Carnegie Mellon's physics program appears to underperform expectations given the institution's elite status. While the estimated $47,670 first-year salary based on national peer programs sits right at the national median, it falls conspicuously short of Pennsylvania's median of $68,215—the same figure reported by the University of Pennsylvania. For a school with an 11% admission rate and average SAT of 1545, you'd typically expect earnings closer to the top quartile ($54,488) rather than dead center nationally.

The estimated debt of $23,120 from comparable Carnegie Mellon programs looks manageable in isolation, producing a debt-to-earnings ratio of 0.49. That's less than half a year's salary, which generally signals reasonable financial risk. However, this ratio loses some appeal when you consider that physics graduates from similar programs in Pennsylvania are earning substantially more—potentially $20,000 more annually—which would make even higher debt loads more tolerable.

The gap between what Carnegie Mellon physics grads might earn versus their Pennsylvania peers raises questions about whether this program delivers value commensurate with the school's selectivity. If your child is choosing between Carnegie Mellon physics and other Pennsylvania options with reported data, request actual placement statistics and alumni outcomes from the department before committing. The prestige of the Carnegie Mellon name may not be translating to physics-specific outcomes the way it does in the school's marquee programs like computer science or engineering.

Where Carnegie Mellon University Stands

Earnings vs. debt across all physics bachelors's programs nationally

Compare to Similar Programs in Pennsylvania

Physics bachelors's programs at peer institutions in Pennsylvania (48 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Carnegie Mellon UniversityPittsburgh$63,829$47,670*$23,120*
University of PennsylvaniaPhiladelphia$66,104$68,215**
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 Carnegie Mellon University, 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 national median of 75 similar programs. Actual outcomes may vary.