Est. Earnings (1yr)
$47,670
Est. from national median (75 programs)
Est. Median Debt
$23,120
Est. from national median (20 programs)

Analysis

A physics bachelor's degree represents a substantial intellectual investment, and the financial picture here hinges entirely on estimates drawn from peer institutions. With no actual graduate outcomes available for Hillsdale's physics program specifically, we're working with national medians suggesting $47,670 in first-year earnings against roughly $23,120 in debt—a debt-to-earnings ratio of 0.49 that looks manageable on paper. But those estimates obscure real variation: Michigan's physics programs range from Michigan State's reported $33,400 to U-M Ann Arbor's $53,019, demonstrating how dramatically outcomes can differ even within one state.

The profile of Hillsdale itself—21% admission rate, 1433 average SAT, zero Pell grant recipients—suggests a highly selective environment that might correlate with stronger post-graduation networks or graduate school placement. Yet without actual earnings data, there's no way to know whether Hillsdale physics graduates track closer to the national median or outperform it like Ann Arbor's program does. Physics degrees often serve as springboards to graduate school or professional programs rather than immediate career entry, which could explain the suppressed data if most graduates aren't in the workforce a year out.

The estimated debt burden appears reasonable if those earnings materialize, but you're essentially betting on assumptions drawn from other schools. If your child is physics-committed and Hillsdale's culture fits, the financial risk seems contained—but push the school for actual placement outcomes, graduate school acceptance rates, and career trajectories before committing to what remains an evidence-free zone.

Where Hillsdale College Stands

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

Compare to Similar Programs in Michigan

Physics bachelors's programs at peer institutions in Michigan (25 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Hillsdale CollegeHillsdale$32,092$47,670*—$23,120*—
University of Michigan-Ann ArborAnn Arbor$17,228$53,019*$73,202$22,250*0.42
Michigan State UniversityEast Lansing$15,988$33,400*$59,536$27,000*0.81
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 Hillsdale College, approximately 0% 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.