Est. Earnings (1yr)
$47,670
Est. from national median (75 programs)
Median Debt
$26,000
12% above national median

Analysis

Physics programs in Minnesota cluster around $54,000 in first-year earnings, but Gustavus Adolphus falls well below that mark. While DOE suppression means we're working with national estimates of $47,670 rather than actual outcomes for Gustavus graduates, that $7,000 gap from the state median deserves attention—particularly when the University of Minnesota produces similar credentials at comparable debt levels. The $26,000 in loans sits slightly above both national and state benchmarks, creating a debt-to-earnings ratio of 0.55 that's manageable but not impressive for a STEM field.

The one encouraging signal here is the jump to $68,674 by year four, which suggests physics graduates do find their footing with time. That trajectory matters because physics degrees often serve as stepping stones to graduate programs or specialized technical roles that take longer to access. Still, parents should recognize they're paying a premium for Gustavus's liberal arts environment without clear evidence it translates to better early outcomes than the flagship state university.

The bottom line: if your child is set on physics at a smaller college, this debt level won't derail their future, but you're making that choice without the actual earnings data that would confirm whether Gustavus's approach delivers value. For families watching costs closely, the safer bet remains comparing multiple acceptance offers once you see the full financial aid packages.

Where Gustavus Adolphus College Stands

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

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Gustavus Adolphus College$68,674
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%
University of Minnesota-Twin Cities$54,350$57,831+6%

Compare to Similar Programs in Minnesota

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

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median DebtDebt/Earnings
Gustavus Adolphus CollegeSaint Peter$54,310$47,670*$68,674$26,000
University of Minnesota-Twin CitiesMinneapolis$16,488$54,350*$57,831$23,5940.43
National Median$47,670*$23,3040.49
* 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 Gustavus Adolphus College, approximately 21% 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.