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

Analysis

A physics degree from DePaul comes with estimated debt of $23,120—slightly below what similar programs nationally report—but the bigger question is whether first-year earnings in the mid-$40,000s justify it. Comparable bachelor's physics programs across the country suggest starting salaries around $47,670, which creates a debt-to-earnings ratio just under 0.5. That's manageable on paper, but notably lower than what Illinois programs typically produce. The state median sits above $51,000, suggesting DePaul's physics graduates may face a steeper climb than their peers at other Illinois schools, where University of Illinois Urbana-Champaign physics majors report starting at that higher figure.

The challenge with physics is that many graduates need graduate school to unlock the field's real earning potential, which means this debt represents just the down payment on their education. For students planning to stop at a bachelor's degree and work immediately, these estimated figures suggest limited financial cushion in expensive Chicago—particularly if they're pursuing research positions or teaching roles rather than pivoting to engineering or data science where physics skills command higher premiums.

If your child is set on physics at DePaul, understand you're working from peer program estimates, not this school's actual track record. The financial case depends heavily on what comes next: graduate school, career pivots, or geographic moves. A physics degree is versatile, but at this estimated debt level with these projected earnings, it requires strategic career planning from day one.

Where DePaul University Stands

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

Compare to Similar Programs in Illinois

Physics bachelors's programs at peer institutions in Illinois (32 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
DePaul UniversityChicago$44,460$47,670*—$23,120*—
University of Illinois Urbana-ChampaignChampaign$16,004$51,019*$60,090$20,500*0.40
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 DePaul University, approximately 31% 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.