Analysis
Based on comparable physics programs nationally, Indiana Wesleyan graduates can expect first-year earnings around $47,670—substantially higher than Indiana's state median of $30,203 for physics degrees. While both earnings and debt figures here are estimates drawn from peer institutions rather than this specific program's outcomes, the pattern suggests a stronger financial position than most physics degrees in the state. The estimated debt load of $23,120 translates to a manageable debt-to-earnings ratio of 0.49, meaning graduates would owe less than half their first-year salary.
What's harder to assess is whether Indiana Wesleyan's program specifically delivers these national-level outcomes or performs closer to Indiana's lower state benchmarks. The school's 82% admission rate and modest test scores suggest it may not be competing directly with Purdue and other research universities that typically produce physics graduates with stronger immediate earning power. Physics is also a field where graduate school is common, which can delay earnings but improve long-term prospects—a consideration that doesn't show up in first-year data.
Given the uncertainty around these estimates, families should request placement data directly from Indiana Wesleyan: where do physics graduates actually work, and what are they earning? If most students pursue graduate school, understand how that affects the financial timeline. The estimated figures suggest reasonable value, but you need the school's actual track record to make an informed decision.
Where Indiana Wesleyan University-Marion Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Indiana
Physics bachelors's programs at peer institutions in Indiana (26 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $31,168 | $47,670* | — | $23,120* | — | |
| $9,992 | $30,203* | — | $21,948* | 0.73 | |
| 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 Indiana Wesleyan University-Marion, approximately 25% 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.