Est. Earnings (1yr)
$48,169
Est. from OR median (3 programs)
Est. Median Debt
$23,120
Est. from national median (20 programs)

Analysis

Physics graduates from Oregon's small liberal arts colleges face an unusual market reality: their first-year earnings, based on data from comparable programs statewide, lag significantly behind what public research universities deliver. While Lewis & Clark's estimated $48,000 first-year salary aligns with the state median, Portland State reports actual outcomes nearly 30% higher at $63,000. That's a substantial gap for the same credential in the same metro area.

The estimated $23,000 in debt sits slightly below national norms for physics programs, which helps soften the value equation. A debt-to-earnings ratio under 0.5 suggests manageable repayment, though this assumes your child lands employment close to the state median rather than at the lower end of the range. The real question is whether Lewis & Clark's smaller class sizes and undergraduate research opportunities translate into graduate school acceptances or industry connections that could accelerate earnings growth beyond what these first-year figures capture.

For families weighing this investment, recognize that you're betting on outcomes that may differ considerably from these peer-program estimates. If your child is graduate-school bound, the liberal arts environment might serve them well regardless of initial salary. But for those planning to work immediately after graduation, understanding why Portland State's physics graduates earn 30% more—and whether your child could access that path instead—deserves serious attention before committing.

Where Lewis & Clark College Stands

Earnings vs. debt across all physics bachelors's programs nationally

Compare to Similar Programs in Oregon

Physics bachelors's programs at peer institutions in Oregon (11 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Lewis & Clark CollegePortland$62,350$48,169*$23,120*
Portland State UniversityPortland$11,238$62,749*$83,259$29,070*0.46
Oregon State UniversityCorvallis$13,494$48,169*$25,410*0.53
Oregon State University-Cascades CampusBend$12,594$48,169*$25,410*0.53
National Median$47,670*$23,304*0.49
* Estimated from similar programs

Career Paths

Occupations commonly associated with physics graduates

Physicists

Conduct research into physical phenomena, develop theories on the basis of observation and experiments, and devise methods to apply physical laws and theories.

$166,290/yrJobs growth:Doctoral or professional degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Physics Teachers, Postsecondary

Teach courses pertaining to the laws of matter and energy. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree
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 Lewis & Clark College, approximately 19% 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 OR. Actual outcomes may vary.