Analysis
A physics bachelor's degree typically leads to modest starting earnings, and Doane appears to follow that pattern. Based on comparable physics programs nationally, graduates likely earn around $47,670 in their first yearβa figure that sits right at the national median for this field. That's workable income for a science graduate, though it's worth noting that many physics majors pursue graduate school to access higher-paying positions in research or specialized fields.
The estimated debt load of $23,120 creates a manageable debt-to-earnings ratio of 0.49, meaning graduates would owe roughly half their first-year salary. This positions Doane slightly below the national median debt for physics programs ($23,304), which is encouraging. For context, Doane's estimates align closely with the University of Nebraska-Lincoln, the state's flagship physics program, suggesting comparable financial outcomes despite Doane's smaller scale and 90% admission rate.
The real uncertainty here is whether Doane's physics curriculum prepares students as effectively as peer programs for graduate school or industry positions. These estimated figures suggest reasonable financial outcomes, but with only 28% of Doane students receiving Pell grants and limited graduate sample data, you're essentially betting that a small, less selective program can deliver results matching larger institutions. If your child is considering graduate school in physics, the preparation quality matters more than these first-year numbers suggest.
Where Doane University Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Nebraska
Physics bachelors's programs at peer institutions in Nebraska (9 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $40,491 | $47,670* | β | $23,120* | β | |
| $10,108 | $47,670* | β | $25,209* | 0.53 | |
| National Median | β | $47,670* | β | $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 Doane University, approximately 28% 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.