Analysis
A debt-to-earnings ratio under 0.5 is typically manageable, and that's what similar physics programs nationally suggest here—estimated debt of $23,120 against first-year earnings around $47,670. However, Illinois physics graduates at the flagship university in Urbana-Champaign start at $51,019, nearly $3,400 more than what comparable programs nationally indicate for Illinois Wesleyan. Given that the state median for physics programs sits at $51,019, this program appears to fall somewhat below the local market standard, even as it tracks close to the national median.
Physics degrees generally position graduates well for career advancement, and the estimated debt load here won't be crushing. Still, the gap between this program's projected earnings and what other Illinois physics graduates command matters for families comparing options within the state. Illinois Wesleyan's selectivity (45% admission rate, 1242 SAT) suggests solid academic preparation, but whether that translates to the same career outcomes as larger research universities remains unclear given the lack of program-specific data.
The bottom line: This appears financially viable with manageable debt, but parents should investigate why earnings data isn't available and whether graduates are landing the research positions, graduate school placements, or industry roles that would justify choosing this program over higher-earning alternatives in Illinois. The estimated numbers suggest adequacy rather than excellence.
Where Illinois Wesleyan 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 |
|---|---|---|---|---|---|
| $55,704 | $47,670* | — | $23,120* | — | |
| $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 Wesleyan University, approximately 23% 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.