Analysis
A debt-to-earnings ratio under 0.5 suggests manageable financial positioning, but the story here is incomplete. Lawrence Tech's small physics cohorts mean we're working entirely from estimates—both the $47,670 first-year earnings and $23,120 debt figure come from comparable programs nationally rather than actual graduate outcomes. What we know for certain is that Michigan's physics programs vary dramatically, with U-M Ann Arbor grads earning $53,000 versus MSU's $33,400. Where Lawrence Tech falls in that $20,000 range makes all the difference.
The estimated earnings align with national medians but sit above the Michigan state average of $43,210, which could reflect the school's engineering focus and Detroit-area industry connections. Still, parents should recognize they're betting on a program without a verified track record. At a school with 80% admission and relatively few Pell recipients, the small physics enrollment might signal either intimate class sizes or limited institutional investment in the major—and there's no data to distinguish between those scenarios.
The bottom line: The estimated numbers suggest reasonable financial outcomes if they hold true, but you're essentially evaluating this program based on what similar physics degrees produce elsewhere, not what Lawrence Tech itself delivers. Before committing, talk to current students and recent alumni directly—their actual employment outcomes are the only reliable indicator you'll get.
Where Lawrence Technological University 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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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $41,872 | $47,670* | — | $23,120* | — | |
| $17,228 | $53,019* | $73,202 | $22,250* | 0.42 | |
| $15,988 | $33,400* | $59,536 | $27,000* | 0.81 | |
| 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 Lawrence Technological University, approximately 17% 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.