Est. Earnings (1yr)Estimated
$35,689
Est. from NJ median (5 programs)
Est. Median DebtEstimated
$23,120
Est. from national median (20 programs)

Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs — see details below.

Analysis

Physics programs in New Jersey show surprisingly modest early earnings compared to the national picture, with Drew's estimates sitting right at the state median of $35,689—roughly $12,000 below what physics graduates typically earn nationally. With estimated debt around $23,000, the debt-to-earnings ratio of 0.65 is manageable, but the real question is whether these first-year figures reflect New Jersey's high cost of living rather than the program's value. If Drew graduates follow typical physics career trajectories, earnings should climb significantly as they move into research, engineering, or data science roles where physics degrees command stronger salaries.

The gap between New Jersey and national physics earnings is worth examining closely. Either New Jersey physics graduates are concentrated in lower-paying initial positions (teaching assistantships, lab technician roles), or they're taking longer to land the engineering and tech jobs that drive those higher national numbers. Drew's smaller program size and 69% admission rate suggest a different student profile than flagship research universities, which could influence both career paths and initial job placement.

For parents, the key consideration is whether your child plans to stay in expensive New Jersey (where that $35,000 goes less far) or pursue graduate school and specialized careers where physics credentials pay off more substantially. The debt load is reasonable, but the first-year earnings estimates suggest this investment relies heavily on what comes next—either geographic mobility or career advancement beyond entry-level positions.

Where Drew University Stands

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

Compare to Similar Programs in New Jersey

Physics bachelors's programs at peer institutions in New Jersey (16 total in state)

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Drew UniversityMadison$45,360$35,689*$23,120*
Montclair State UniversityMontclair$14,766$39,740**
Rowan UniversityGlassboro$15,700$36,435*$74,209$27,000*0.74
Rutgers University-CamdenCamden$17,079$35,689*$26,974*0.76
Rutgers University-New BrunswickNew Brunswick$17,239$35,689*$26,974*0.76
Rutgers University-NewarkNewark$16,586$35,689*$26,974*0.76
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 Drew University, approximately 27% 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 5 similar programs in NJ. Actual outcomes may vary.