Analysis
A debt-to-earnings ratio below 0.5 usually signals manageable loan burdens, and based on comparable physics programs nationally, Dickinson's estimated $23,120 in debt against $47,670 in first-year earnings fits that profile. However, physics graduates from other Pennsylvania schools typically earn far more—the state median sits at $68,215, suggesting that either Dickinson physics majors pursue different career paths than their in-state peers, or that early outcomes here lag behind what's possible at larger research universities with stronger industry pipelines.
That $20,000 earnings gap between this program's estimated trajectory and the Pennsylvania norm matters for debt repayment speed and early career flexibility. If your child is targeting physics jobs in industry or data science roles that command higher starting salaries, programs with documented stronger earnings outcomes might justify additional attention. If graduate school is the plan—common for physics majors—these first-year earnings matter less than research opportunities and faculty mentorship during undergrad.
The core question: Does Dickinson's small-college advantages (close faculty relationships, undergraduate research access at a 43% admission rate school) outweigh what appears to be a significant earnings disadvantage compared to peer Pennsylvania programs? Without actual graduate outcome data for this specific program, you're weighing Dickinson's educational model against the probability that similar programs elsewhere produce better financial starts.
Where Dickinson College 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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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $63,475 | $47,670* | — | $23,120* | — | |
| $66,104 | $68,215* | — | —* | — | |
| 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 Dickinson College, approximately 14% 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.