Analysis
Lawrence University's physics program appears positioned in the middle of Wisconsin's range, with peer programs in the state suggesting first-year earnings around $54,400—matching the state median and notably above the $47,700 national benchmark. At an estimated $23,100 in debt, the 0.42 debt-to-earnings ratio indicates manageable repayment pressure, particularly given physics graduates' strong long-term earning potential in technical fields and research.
What's encouraging here is the national context: Wisconsin physics programs collectively outperform the country as a whole, and Lawrence sits within that stronger regional landscape. The estimated debt also tracks below Wisconsin's $26,300 state median, suggesting the program may offer relative value despite the school's private liberal arts premium. However, the wide variation among Wisconsin programs—from UW-Madison's surprisingly modest $36,900 to UW-River Falls' $62,200—underscores how much individual outcomes can differ based on career path, graduate school plans, and employer connections.
For families evaluating this investment, the fundamentals look sound if your student is genuinely committed to physics or related STEM fields. The debt burden won't be crushing even if first-year earnings land at the lower end of what comparable programs produce, and physics majors typically see substantial salary growth as they advance into specialized roles or complete graduate degrees.
Where Lawrence University Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Wisconsin
Physics bachelors's programs at peer institutions in Wisconsin (18 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $55,461 | $54,428* | — | $23,120* | — | |
| $8,606 | $62,196* | — | $30,000* | 0.48 | |
| $9,651 | $54,428* | $70,182 | $26,292* | 0.48 | |
| $11,205 | $36,878* | $69,988 | $20,500* | 0.56 | |
| 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 University, approximately 21% 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 3 similar programs in WI. Actual outcomes may vary.