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)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $45,360 | $35,689* | — | $23,120* | — | |
| $14,766 | $39,740* | — | —* | — | |
| $15,700 | $36,435* | $74,209 | $27,000* | 0.74 | |
| $17,079 | $35,689* | — | $26,974* | 0.76 | |
| $17,239 | $35,689* | — | $26,974* | 0.76 | |
| $16,586 | $35,689* | — | $26,974* | 0.76 | |
| 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 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.