Analysis
Physics typically offers solid career prospects, but this program sits at the national median for starting pay. Based on comparable bachelor's programs nationwide, graduates can expect around $47,670 in first-year earnings—about $3,300 below what similar programs in Illinois typically produce. With an estimated debt load of $23,400, you're looking at a debt-to-earnings ratio of 0.49, which means the debt roughly equals six months of gross income. That's manageable territory for STEM fields, though not the bargain physics programs can sometimes deliver.
The context matters here: Illinois State draws students across a wide academic spectrum (89% admission rate, average SAT of 1127) while Illinois' flagship program reports $51,000 in first-year earnings for physics majors. That $3,300 gap isn't enormous, but it compounds over time. Physics degrees typically lead to diverse outcomes—some graduates enter industry roles that pay well immediately, while others pursue graduate school where the bachelor's degree serves mainly as a stepping stone. Without actual outcome data for Illinois State's specific cohort, it's harder to know where this program's graduates land in that spectrum.
The bottom line: This looks like a reasonable—not exceptional—investment if your child is committed to physics and ISU is the right fit otherwise. The estimated debt won't be crushing, but the earnings projections suggest this program produces middle-of-the-pack outcomes compared to peer institutions in the state.
Where Illinois State University Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Illinois
Physics bachelors's programs at peer institutions in Illinois (32 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $16,021 | $47,670* | — | $23,424* | — | |
| $16,004 | $51,019* | $60,090 | $20,500* | 0.40 | |
| 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 Illinois State University, approximately 30% 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.