Analysis
Based on comparable physics programs in New York, Iona's estimated $48,600 first-year earnings align precisely with the state median and actually edge slightly above the national benchmark of $47,670. The estimated $20,270 in debt is notably lower than the typical physics graduate's burden—about $3,000 less than the national median. This produces a debt-to-earnings ratio of 0.42, meaning graduates would owe roughly five months of their first year's salary, a manageable starting point for a STEM field.
What's worth considering is the spread among New York physics programs. While RPI graduates command $60,000+ right out of college, several large public universities like Stony Brook produce outcomes quite similar to what Iona's peer programs suggest. The question isn't whether Iona can compete with elite technical institutes—it's whether a smaller program at a 91% acceptance rate institution can deliver comparable preparation to mid-tier state schools while keeping debt modest. The estimated figures suggest it might, though the small graduate cohort (too few for the DOE to report actual outcomes) means less certainty about consistency.
For families focused on debt management in STEM, these estimates point to a reasonable proposition: physics degree credentials at a cost structure that won't dominate early-career budgets. The risk is that without reported data, you're betting on Iona matching what similar New York programs achieve, rather than seeing this school's actual track record.
Where Iona University Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in New York
Physics bachelors's programs at peer institutions in New York (66 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $45,880 | $48,641* | — | $20,270* | — | |
| $61,884 | $60,348* | $88,071 | $20,270* | 0.34 | |
| $66,014 | $50,933* | — | $15,961* | 0.31 | |
| $7,340 | $48,908* | — | —* | — | |
| $57,016 | $48,374* | — | $27,000* | 0.56 | |
| $10,560 | $44,562* | $69,154 | $21,683* | 0.49 | |
| 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 Iona University, approximately 26% 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 median of 6 similar programs in NY. Actual outcomes may vary.