Est. Earnings (1yr)
$62,647
Est. from NC median (3 programs)
Est. Median Debt
$23,120
Est. from national median (20 programs)

Analysis

Elon's physics program appears positioned in the middle tier of North Carolina options, with estimated first-year earnings around $62,600—matching the state median but trailing UNC Charlotte's reported $70,000 by a meaningful margin. The $23,100 in estimated debt produces a healthy 0.37 debt-to-earnings ratio, suggesting manageable repayment regardless of whether graduates pursue industry jobs or continue to graduate school (a common path for physics majors).

What's reassuring is how peer physics programs across North Carolina demonstrate real earning power. While the estimates here are drawn from just three NC programs, they show physics graduates substantially outpacing the national median of $47,670. This makes sense given the Research Triangle's concentration of tech companies and research institutions that actively recruit physics graduates. The relatively low debt burden—comparable to the national median—means even if actual outcomes vary from these estimates, the financial foundation looks solid.

For parents evaluating this program, the key question is whether Elon's smaller physics cohort (hence the suppressed data) represents an advantage or concern. Smaller programs can mean more faculty attention and research opportunities, but they may also offer fewer course sections and less specialized equipment than larger programs. The estimated numbers suggest reasonable value, but visiting the department and asking about graduate outcomes, lab facilities, and placement records would be essential given the data limitations.

Where Elon University Stands

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

Compare to Similar Programs in North Carolina

Physics bachelors's programs at peer institutions in North Carolina (21 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Elon UniversityElon$44,536$62,647*—$23,120*—
University of North Carolina at CharlotteCharlotte$7,214$70,150*—$28,750*0.41
University of North Carolina at Chapel HillChapel Hill$8,989$62,647*—$19,200*0.31
North Carolina State University at RaleighRaleigh$8,895$43,740*—$23,490*0.54
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 Elon University, approximately 9% 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 3 similar programs in NC. Actual outcomes may vary.