Est. Earnings (1yr)
$62,647
Est. from NC median (3 programs)
Est. Median Debt
$23,120
Est. from national median (20 programs)

Analysis

Davidson's physics program appears positioned right at North Carolina's median for this field, with estimated first-year earnings around $62,650—substantially above the national benchmark of $47,670. While these figures are based on comparable programs rather than Davidson's specific outcomes, the state's physics graduates generally command stronger starting salaries than their national counterparts, likely reflecting the Research Triangle's concentration of tech and research employers.

The estimated debt load of $23,120 creates a manageable 0.37 debt-to-earnings ratio, meaning graduates would owe roughly four months of their first year's salary. For a highly selective liberal arts college (14% admission rate), this debt figure is notably reasonable, though it's worth remembering that Davidson's low Pell grant percentage suggests many students may be covering costs through family resources rather than loans. Physics majors from peer programs in North Carolina show considerable variation—from around $44,000 at NC State to over $70,000 at UNC Charlotte—indicating that employer networks and career services matter significantly.

The fundamentals look solid: strong estimated earnings relative to national physics programs, modest debt, and a credential from an academically rigorous institution. However, without actual reported outcomes for Davidson's physics graduates specifically, you're making this decision somewhat in the dark. If your student is genuinely committed to physics and attracted to Davidson's small-college environment, the estimated numbers suggest reasonable value, but confirming post-graduation placement patterns through the school's career services would be essential.

Where Davidson College Stands

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

Compare to Similar Programs in North Carolina

Physics bachelors's programs at peer institutions in North Carolina (21 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Davidson CollegeDavidson$60,300$62,647*—$23,120*—
University of North Carolina at CharlotteCharlotte$7,214$70,150*—$28,750*0.41
University of North Carolina at Chapel HillChapel Hill$8,989$62,647*—$19,200*0.31
North Carolina State University at RaleighRaleigh$8,895$43,740*—$23,490*0.54
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 Davidson College, approximately 17% 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 NC. Actual outcomes may vary.