Analysis
A debt-to-earnings ratio just under 0.5 suggests manageable borrowing, assuming similar programs provide a reliable preview of what Francis Marion physics graduates can expect. Based on national medians from comparable bachelor's physics programs, this pathway points to roughly $48,000 in first-year earnings against $23,000 in debt—numbers that align closely with typical physics programs nationwide. For a relatively accessible institution serving a substantial population of Pell grant recipients, these projected outcomes aren't exceptional, but they're reasonably balanced.
The challenge is that South Carolina offers 13 physics programs, yet none report actual graduate outcomes—leaving parents without concrete local comparisons. Physics degrees generally lead to diverse career paths, from research positions to teaching to industry roles, and first-year earnings can vary significantly depending on which direction graduates take. The national benchmark suggests Francis Marion's estimated trajectory sits squarely in the middle of the pack, neither outperforming nor underperforming peer programs.
The practical question: can you afford uncertainty? If your child is committed to physics and this is your most affordable in-state option, the estimated debt load won't be crushing. But without verifiable data from this specific program or even nearby alternatives, you're making a decision based largely on national patterns that may or may not hold locally. Consider reaching out to the department directly about recent graduate placements and job outcomes.
Where Francis Marion University Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs Nationally
Physics bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $11,160 | $47,670* | — | $23,424* | — | |
| $7,214 | $70,150* | — | $28,750* | 0.41 | |
| $6,496 | $68,664* | $76,268 | —* | — | |
| $66,104 | $68,215* | — | —* | — | |
| $50,920 | $65,316* | — | $23,250* | 0.36 | |
| $7,439 | $64,045* | $51,682 | $23,000* | 0.36 | |
| 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 Francis Marion University, approximately 39% 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.