Analysis
Georgia State's physics program ranks near the bottom among Georgia schools—10th percentile statewide—with first-year earnings of just $31,001 compared to the state median of $46,740. Even the strong 62% earnings growth to $50,281 by year four leaves graduates trailing both state and national benchmarks. To put this in perspective, physics graduates from Georgia College & State University start at $62,478, more than double what GSU physics grads initially earn.
The debt level of $26,296 is reasonable by national standards, but paired with those early earnings, it creates a challenging financial picture. A debt-to-earnings ratio of 0.85 means graduates owe nearly a full year's salary right out of college. Given that half of GSU's students receive Pell grants, many families here can't easily absorb that kind of burden while their child establishes financial footing.
The critical caveat: this data comes from fewer than 30 graduates, so individual circumstances heavily influence these numbers. A few students pursuing graduate school or taking gap-year positions could skew everything downward. If your child is seriously considering physics at GSU, they should talk directly with department advisors about typical career paths and connect with recent alumni. The data suggests either graduates are struggling to find physics-related work in Atlanta, or many are pursuing additional education before entering the workforce—neither scenario makes this an obvious financial win.
Where Georgia State University Stands
Earnings vs. debt across all physics bachelors's programs nationally
Earnings Distribution
How Georgia State University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Georgia State University | $31,001 | $50,281 | +62% |
| Massachusetts Institute of Technology | $54,773 | $166,156 | +203% |
| University of California-Santa Barbara | $53,597 | $88,722 | +66% |
| Rensselaer Polytechnic Institute | $60,348 | $88,071 | +46% |
| Portland State University | $62,749 | $83,259 | +33% |
Compare to Similar Programs in Georgia
Physics bachelors's programs at peer institutions in Georgia (20 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $8,478 | $31,001 | $50,281 | $26,296 | 0.85 | |
| $8,998 | $62,478 | — | — | — | |
| 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 Georgia State University, approximately 50% 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.
Sample Size: Based on 24 graduates with reported earnings and 27 graduates with debt data. Small samples may not be representative.