Analysis
A physics degree from Lehman College appears positioned right at the middle of what comparable New York programs deliver—estimated first-year earnings around $48,641 with roughly $19,842 in debt. That 0.41 debt-to-earnings ratio suggests manageable payments, particularly given that over 60% of Lehman students receive Pell grants and many likely face limited alternatives for accessing physics education in the Bronx.
What's striking is how closely these estimates align with actual outcomes at nearby CUNY City College ($48,908) and even approach what Cornell physics graduates earn their first year ($50,933). The figures suggest Lehman's physics program likely delivers competitive preparation without the premium debt load—compare this to elite programs that often saddle graduates with $30,000-$40,000 in loans. Physics bachelor's degrees rarely lead to immediately high-paying jobs anyway; most graduates either pursue graduate school or entry-level research positions where starting salary differences matter less than long-term trajectory.
The caveat: these are estimates based on peer programs across New York, not tracked outcomes from Lehman's specific physics graduates. The small sample size that triggers this estimation could reflect either a boutique program with strong placement or one where few students complete the degree. For a working-class student considering graduate school in physics or engineering—where Lehman's modest debt load becomes crucial—this appears solid. For someone expecting immediate financial returns comparable to computer science, any physics bachelor's degree requires recalibration of expectations.
Where CUNY Lehman 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 |
|---|---|---|---|---|---|
| $7,410 | $48,641* | — | $19,842* | — | |
| $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 CUNY Lehman College, approximately 61% 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.