Analysis
Is a selective liberal arts college the right place to study physics when larger universities typically dominate this field? Based on similar California physics programs, graduates can expect around $50,200 in first-year earnings—roughly on par with the national median but trailing the state's top performers by $10,000 to $14,000. Those higher earners come from larger public universities like Cal Poly Pomona and the UC system, which often provide more specialized equipment, research opportunities, and direct industry pipelines that can translate into stronger initial job placement.
The estimated $23,100 in debt yields a manageable ratio of 0.46—below both the national debt median and well below California's typical $16,800 for physics programs. That's a reasonable foundation, though it's worth noting that Claremont McKenna's 11% admission rate and 1514 average SAT suggest families here may have more financial resources than those estimates reflect. The real question is whether the small-college experience—closer faculty relationships, interdisciplinary flexibility, broader liberal arts exposure—justifies potentially lower initial earnings compared to physics powerhouses.
For families weighing this investment, understand that these figures represent what similar programs produce, not Claremont McKenna's specific track record. If your student values the intimate setting and plans to leverage CMC's strong alumni network (a genuine asset of the Claremont Colleges), the debt burden won't be crushing. But if maximizing early physics career earnings matters most, the larger California public universities show notably stronger outcomes.
Where Claremont McKenna College Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in California
Physics bachelors's programs at peer institutions in California (58 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $64,150 | $50,219* | — | $23,120* | — | |
| $7,439 | $64,045* | $51,682 | $23,000* | 0.36 | |
| $13,747 | $60,495* | $73,644 | $21,100* | 0.35 | |
| $7,675 | $57,114* | — | —* | — | |
| $7,739 | $56,018* | $66,529 | $19,069* | 0.34 | |
| $14,965 | $53,597* | $88,722 | $15,982* | 0.30 | |
| 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 Claremont McKenna College, approximately 19% 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 11 similar programs in CA. Actual outcomes may vary.