Analysis
A debt-to-earnings ratio of 0.49 based on comparable physics programs suggests manageable debt against first-year earnings of roughly $48,000—but Pennsylvania's physics landscape tells a more complicated story. The state median for physics bachelor's programs sits at $68,215, significantly above what similar national programs produce. That $20,000 gap matters when you're carrying $23,000 in debt, as it affects how quickly graduates can achieve financial stability beyond covering loan payments.
The challenge here is that Lebanon Valley's small physics cohort means we're working entirely from national patterns rather than this program's actual track record. Physics graduates from similar-sized private colleges nationally earn in the high $40,000s their first year out, which represents solid middle-class entry but lags behind what larger Pennsylvania universities report. Whether Lebanon Valley's physics program delivers closer to the stronger Pennsylvania performance or follows the more modest national pattern is simply unknown without reported outcomes.
For parents considering this investment, the uncertainty cuts both ways. The debt load appears reasonable if earnings track with state norms, but if outcomes align with the national estimate, that $48,000 starting salary means loan payments will consume a noticeable share of take-home pay. Request placement data directly from Lebanon Valley's physics department—where graduates land jobs and at what salaries—before committing to this program over Pennsylvania options with documented stronger earnings.
Where Lebanon Valley College Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Pennsylvania
Physics bachelors's programs at peer institutions in Pennsylvania (48 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $50,320 | $47,670* | — | $23,120* | — | |
| $66,104 | $68,215* | — | —* | — | |
| 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 Lebanon Valley College, approximately 22% 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.